$41.12
-1.54 (-3.61%)
At Close: Jun 05, 2026
Gold price bounces from nine-week low overnight
07:46am, Tuesday, 30'th May 2023
(Kitco News) - Gold prices are firmer in early U.S. trading Tuesday, on perceived bargain hunting and some short covering in the futures market after the yellow metal hit a nine-week low overnight.
Gold Price Forecast: Hawkish Fed Stance Dampens XAU Appeal, Bearish Outlook Persists
01:36am, Tuesday, 30'th May 2023
Gold (XAU) prices near two-month low as U.S. debt optimism weighs; hawkish Fed offsets safe-haven flows, sustaining bearish outlook.
Gold, Silver, Platinum – Silver Pulls Back As Traders Take Profits After The Recent Rebound
12:53pm, Monday, 29'th May 2023
Gold is mostly flat in quiet trading, while platinum stays range-bound.
Gold price settles in below $1,950 ahead of Congress debt ceiling vote and June Fed decision
12:33pm, Monday, 29'th May 2023
(Kitco News) - With market expectations leaning towards another rate hike in June and the debt ceiling deal ready for a Congress vote, gold is taking a breather just below $1,950 an ounce.
Gold Price Forecast – Gold Markets Continue to Look for Buyers
11:27am, Monday, 29'th May 2023
Gold markets were sluggish during Monday's trading session, but that's not a huge surprise considering it was Memorial Day.
Gold Price Forecast: XAU Traders Eyeing Debt Ceiling Deal, Fed Policy
11:30pm, Sunday, 28'th May 2023
Debt deal, inflation, higher rates, spending data impact gold (XAU) trade, raising concerns about prolonged rates.
U.S. economic data hammers gold price as markets gear up for a rate hike in June
04:02pm, Friday, 26'th May 2023
(Kitco News) - The gold market got battered by upbeat economic data and stubbornly high inflation. As gold posted its third weekly loss, markets recalibrated for another 25-basis-point rate hike in Ju
Gold futures tally a third straight weekly decline
02:11pm, Friday, 26'th May 2023
Gold futures finished a bit higher on Friday, but still logged a third straight weekly loss. Gold's attempted recovery ahead of the weekend was dampened a bit by “further evidence of still-stubborn
Gold Weekly Price Forecast – Gold Markets Plunge for the Week
01:25pm, Friday, 26'th May 2023
Gold markets have fallen rather hard during the week, as we have seen interest rates play havoc with the market.
Wall Street split on gold price direction after three weeks of losses - Kitco's gold price survey
01:07pm, Friday, 26'th May 2023
(Kitco News) - The gold market suffered another week of losses, falling for the third week as markets shifted expectations from a rate pause to a rate hike at the Federal Reserve's June meeting. The s
Gold, Silver, Platinum – Silver Gains 2% As Traders Buy The Dip
12:55pm, Friday, 26'th May 2023
Precious metals are moving higher despite rising Treasury yields.
Gold Price Forecast – Gold Markets Initially Tried to Rally During the Trading Session but Failed
11:59am, Friday, 26'th May 2023
The gold market initially tried to rally during the trading session on Friday but has given up gains as we continue to see weakness and of course strength in the US dollar.
U.S. durable goods beat expectations in April, gold price falls
08:53am, Friday, 26'th May 2023
(Kitco News) - Gold dropped after the newly released data showed that orders for long-lasting U.S. factory goods were up 1.1% in April versus the expected decrease of 1%.
Gold price drops below $1,950 as Fed's preferred inflation indicator comes in hotter-than-expected
08:33am, Friday, 26'th May 2023
(Kitco News) - Gold lost more ground after the U.S. annual core PCE price index came in at 4.7% in April versus the consensus forecast of 4.6%.
Gold price rebounds on short covering, bargain buying
08:01am, Friday, 26'th May 2023
(Kitco News) - Gold and silver prices are firmer in early U.S. trading Friday, on bargain hunting and short covering after gold hit a nine-week low and silver a two-month bottom overnight.
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