$42.50
-1.61 (-3.65%)
At Close: Jun 05, 2026
Fed pause in June does not mean rate hikes are over, and gold price is taking a hit - analysts
01:46pm, Friday, 02'nd Jun 2023
(Kitco News) - With the debt-limit deal clearing Congress and the latest employment report coming in strong, the gold market is not ruling out another rate hike this summer despite a potential pause b
Gold, Silver, Platinum – Gold Dives Towards $1950 As Dollar Rebounds
01:12pm, Friday, 02'nd Jun 2023
Rising Treasury yields put additional pressure on precious metals today.
Gold Weekly Price Forecast – Gold Markets Give Up Early Gains for The Week
11:33am, Friday, 02'nd Jun 2023
Gold markets have rallied this week, but gave back about half of the gains that they earned, much like the previous week.
Gold price weaker following stronger U.S. jobs report
09:03am, Friday, 02'nd Jun 2023
(Kitco News) - Gold and silver prices are a bit lower in early U.S. trading Friday, in the wake of a stronger-than-expected U.S. employment report for May, which falls into the camp of the U.S. moneta
Gold prices struggling as 339K jobs created in May but unemployment rate rises to 3.7%
08:36am, Friday, 02'nd Jun 2023
(Kitco News) - The gold market is trying to hold its ground within striking distance of $2,000 but could face an uphill battle as the U.S. labor market remains robust even as some cracks start to show
Gold Price Forecast: XAU Set for Strong Weekly Gain on Fed's Pause, Debt-Ceiling Progress
02:00am, Friday, 02'nd Jun 2023
Gold surges on optimistic Fed expectations, unchanged rates, and a weakened dollar, boosting its appeal to investors.
Swiss gold exports tumble to 10-month lows as high gold price weighs on demand in April
02:41pm, Thursday, 01'st Jun 2023
(Kitco News) - Switzerland's gold shipments to China, India and Turkey fell in April, with overall gold exports dropping to 10-month lows amid a surge in prices, according to Swiss customs data.
Gold futures settle higher after briefly climbing above $2,000 an ounce
01:49pm, Thursday, 01'st Jun 2023
Gold futures settled higher on Thursday after briefly climbing above $2,000 an ounce on a intraday basis for the first time since mid-May. This week is “highly important for gold traders as the U.S.
Gold, Silver, Platinum – Precious Metals Rebound As Dollar Pulls Back
01:18pm, Thursday, 01'st Jun 2023
Falling Treasury yields provide additional support to gold, silver, and platinum.
Gold, silver gain on ideas FOMC will pause at next meeting
12:39pm, Thursday, 01'st Jun 2023
(Kitco News) - Gold and silver prices are solidly higher in midday U.S. trading Thursday, amid a big U.S. economic data dump that culminates with Friday morning's U.S. jobs report.
Spot gold prices edge higher as eurozone inflation cools, ECB explores further rate hikes
11:01am, Thursday, 01'st Jun 2023
(Kitco News) - The gold market remains on firm footing against the euro even as European consumer inflation continues to cool and interest rates are expected to increase.
U.S. manufacturing sector contracts for the seventh month in a row, gold price pares back gains with focus on employment
10:12am, Thursday, 01'st Jun 2023
(Kitco News) - The gold market edged down after the latest U.S. manufacturing sector data.
Gold prices climb after U.S. House passes debt ceiling bill and as traders digest jobs data
09:55am, Thursday, 01'st Jun 2023
Gold prices rose for a third day on Thursday after the U.S. House voted on a debt ceiling bill late Wednesday with investors looking ahead to monthly labor market data due Friday.
U.S. weekly jobless claims rise by 2,000 to 232,000, gold price ticks up
08:36am, Thursday, 01'st Jun 2023
(Kitco News) - The initial weekly jobless claims rose by 2,000 to 232,000 in the week to Saturday, surprising the markets with a smaller-than-expected increase.
Gold prices under pressure after ADP says 278K jobs created in May, US labor market remains healthy
08:23am, Thursday, 01'st Jun 2023
(Kitco News) - The gold market is seeing some selling pressure as the U.S. labor market continues to fire on all cylinders with private- sector jobs increasing more than expected last month, according
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