Gold grabs third straight weekly gain on safe-haven demand

Gold poised for third weekly gain as markets look to Trump inauguration
Gold prices were pressured by an uptick in the U.S. dollar on Friday, but remained on track for a weekly gain as uncertainties around incoming President Donald Trump's policies and renewed bets of further rate cuts lifted bullion above the key $2,
Gold Futures Set to End Week Up on Safe-Haven Demand Ahead of Trump Tariffs
Gold futures rise 0.2% to $2,756.90 a troy ounce, and are set to end the week up 1.5%. The precious metal has managed to notch up gains despite headwinds from a stronger U.S. dollar, says Saxo Bank's Ole Hansen in a note.
Gold grabs third straight weekly gain on safe-haven demand ahead of Trump tariffs
Gold futures finished flat on Friday but scored their third straight weekly gain ahead of Donald Trump's inauguration on Monday, as investors moved to invest in risk premium to provide some sort of cushion from the unpredictable president-elect.
Gold poised for third weekly gain on renewed hopes of Fed rate cuts
Gold prices hovered near a five-week high on Friday and were set for a third straight week of gains, as U.S. inflation data released earlier this week revived expectations that the Federal Reserve might cut interest rates more than once this year.
Gold prices slip on profit booking but set for third-weekly gain
Gold prices fell on Friday as investors resorted to booking profits after the yellow metal had surged to a one-month-high in the previous session. “Gold price (XAU/USD) retains its negative bias through the first half of the European session on Friday,
Gold climbs to over one-month high on weaker yields after US data
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields ...
The true cost of the gold boom
Gold prices are surging. Spot gold rose to more than $2,700 an ounce this month. One reason for that growth, in difficult ...
Should you buy gold ahead of Budget 2025 amid customs duty hike buzz?
Experts believe that gold prices may rise due to global uncertainty, regardless of customs duty changes. Market participants ...
Does gold investing still make sense? Pros and cons to know for 2025
The price of gold soared past $2,700 per ounce in October 2024 — a record high that sparked widespread interest among ...
Why the gold boom is causing a surge in illegal mining
In challenging economic and geopolitical times, investors bet on gold for its ability to store value. Gold prices hit record ...
How Menē Gold Jewelry Is Making The Case For Financial Empowerment
Business is booming for Menē, the direct-to-consumer online jeweler selling 24kt gold jewelry by the gram, and clients are ...
Do 1-gram or 1-ounce gold bars offer more liquidity to investors?
A s global economic uncertainties continue to drive investors toward safe-haven assets, gold has been a steadfast choice — ...
Operator error blamed for elevator incident that led to death of guide at former Colorado gold mine
Authorities say an incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and ...
Can Gold Prices Drop 30%?
Gold prices rose to the highest levels in around four weeks recently to $2,700 per ounce. Recent shifts in equity markets and ...
Rare Roman Gold Coins Worth $322,000 Found in Luxembourg
A hoard of Roman coins dating from the Fourth century and covering the reign of nine emperors has been found in northern ...
A rare gold medal from the 1904 St. Louis Olympics sells for $545,371 at auction
A gold medal awarded at the first Olympics hosted on U.S. soil was sold at auction for over half a million dollars, part of ...