Alexander_Alden

Alexander_Alden

The price of gold, for immediate delivery, experienced a significant decline on Tuesday, dropping to $1,900.83 per ounce, the lowest level in almost two weeks. This decline was driven by a sharp increase in the value of the U.S. Dollar, which was influenced by worsening market sentiment at the start of the week. Investors grew anxious due to the commitments made...

Alexander_Alden

The price of gold decreased on Monday (25/09) as the US dollar strengthened and US bond yields rose due to the Federal Reserve's (Fed) outlook for higher interest rates over a longer period. At the close of trading on Monday, spot gold contracts fell by 0.5% to $1,915.61 per ounce. Futures gold contracts lost 0.5% to $1,936.6 per ounce. Everett Millman, Market...