Metals Stocks: Gold Futures Dip As Dollar Steadies

Gold futures fall modestly Monday, giving up part of last week’s gain, as a steadier dollar weighs on the metal, and as the Presidents Day holiday in the U.S. gives many traders the session off.

Topics:  presidents day   u.s    dollar   gold futures   
BING NEWS:
  • Gold Futures are Flat but Could Still Rise Over the Year
    Gold was flat in early Asian trade. The realization that interest rates are likely to remain higher for longer was weighing on sentiment, ANZ Research said.
    05/2/2024 - 8:24 pm | View Link
  • 2 Gold Mining Stocks to Buy While They’re Cheap
    Earlier this week, the Federal Reserve maintained its stance on interest rates, refraining from cuts as it combats the persistent climb of inflation. Chair Jerome Powell emphasized the ongoing ...
    05/2/2024 - 8:03 am | View Link
  • A dip in gold prices is a buying opportunity
    The World Gold Council (WGC) released its long-awaited Q1 2024 Demand Trends report, which aligned with views that central banks have sustained their gold purchasing spree despite rising prices.
    05/1/2024 - 11:32 pm | View Link
  • Dollar Slides and Gold Jumps as Powell Downplays a Fed Rate Hike
    Weekly US MBA mortgage applications fell -2.3% in the week ended April 26. The purchase mortgage sub-index fell -1.7% and the refinancing sub-index fell -3.3%. The average 30-year fixed rate mortgage ...
    05/1/2024 - 10:09 am | View Link
  • Dollar Slightly Weaker as Bond Yields Dip Before the FOMC Meeting
    Weekly US MBA mortgage applications fell -2.3% in the week ended April 26. The purchase mortgage sub-index fell -1.7% and the refinancing sub-index fell -3.3%. The average 30-year fixed rate mortgage ...
    05/1/2024 - 3:36 am | View Link
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