Gold prices decline as a stronger dollar and rising oil prices increase expectations for Fed rate hikes.
Gold edged lower on Friday, pressured
by a stronger US dollar and as elevated oil prices have raised
expectations for interest rate hikes by the US Federal
Reserve.Spot gold was down 0.3% at $4,527.60 per ounce, as of
0411 GMT. The metal has shed about 0.2% so far in the week.US gold futures for June delivery lost 0.3% to
Gold prices dipped for a second week, pressured by escalating oil costs and growing inflation worries. Concerns over potential…
Gold extended losses, pressured by easing geopolitical tensions in Iran and Russia, as well as a stronger dollar.
Gold prices fell by more than 1% on a firmer US dollar and as persistent inflation fears kept interest rate hike expectations and…
BENGALURU: Gold rose 2 percent on Friday, buoyed by a weaker dollar and bargain hunting, but was on track for a fourth straight…
Gold prices fell more than 1 percent on Thursday, pressured by a stronger dollar and diminishing hopes for a reduction in…
Gold prices hit a 1-1/2-month low as rising U.S. yields and a strong dollar weigh on the market.
