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Gold prices ended Wednesday’s session down $7.78 an ounce, pressured by a stronger U.S. dollar.
Gold prices swung between gains and losses on Tuesday as investors remained cautious ahead of the Fed's policy statement.
Gold prices traded in a narrow range on Monday as worries about rising interest rates continued to weigh on the market.
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Gold prices settled at $1222.78 an ounce on Friday, suffering a loss of 0.71% on the week, as expectations of higher U.S. interest rates weighed on demand for the safe-haven metal.
Gold prices rose $6.81 an ounce on Wednesday as a weaker U.S. dollar index took some pressure off the metal.
Gold prices settled slightly lower after shuffling between gains and losses as investors opted to remain on the sidelines ahead of a meeting between the U.S. and European Commission presidents and the release of key economic data.
Gold ended Monday’s session down $7.18 an ounce as a rebound in the dollar and gains in equities pushed prices down.
Gold prices rose 0.64% on Friday, posting the first gain in six sessions, and settled at $1231.49 an ounce as the dollar fell after President Donald Trump said he’s not thrilled by recent interest rate hikes by the Federal Reserve and objected to a strong dollar.
Gold prices fell $4.65 an ounce on Thursday as the dollar continued to appreciate after Federal Reserve Chairman Jerome Powell suggested the U.S. economy is strong and inflation is tame.
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Gold ended the day almost unchanged as the market took a breather after prices dropped to a one-year low.
Gold hit its lowest in a year on Tuesday after Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy and inflation, which boosted expectations that the Federal Reserve could raise interest rates two more times in the next five months.
Gold prices ended Monday nearly unchanged after a quiet session as investors awaited Federal Reserve Chairman Jerome Powell’s testimony to the Senate.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold ended the week down $14.98 at $1241.05 an ounce as the risk-on investing attitudes in the world marketplace continued to support buying interest in other conventional assets.
Gold prices ended Thursday’s session up $4.73 an ounce, snapping two sessions of losses, as concerns over escalating trade tensions lent some support.
Gold prices ended a choppy, two-sided trading session lower on Tuesday. A rebound in the U.S. dollar index from its recent slide helped to pressure the yellow metal yesterday.