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Gold prices ended Wednesday’s session down $1.65 an ounce, pressured slightly by a firmer U.S. dollar index.
Gold prices rose $3.46 an ounce on Tuesday, supported by a weaker dollar. The dollar weakened after data from the Labor Department showed U.S. consumer prices rose moderately in February.
Gold prices ended Monday’s session down $0.77 an ounce as investors took a cautious stance ahead of U.S. inflation data.
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Gold prices settled at $1323.35 an ounce on Friday, ending a choppy week virtually unchanged.
Gold prices fell for a second straight session and settled at $1321.76 an ounce with investors cautious ahead of the Labor Department’s monthly non-farm payrolls report.
Gold prices fell $12.21 an ounce on Wednesday as traders cashed in recent gains ahead of key U.S. economic data later in the week.
Gold prices rose $14.58 an ounce on Tuesday as a sell-off in the U.S. dollar index prompted buying interest in the market.
Gold prices ended Monday’s session down $3.33 an ounce as waning risk aversion in the marketplace dented demand for the safe-haven assets.
Gold prices settled at $1322.05 an ounce on Friday, falling 0.42% on the week and 1.99% over the month.
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Gold prices ended Thursday slightly lower after a volatile session. XAU/USD moved towards the bottom of the daily Ichimoku cloud as expected after prices broke below the 1314/2 area, but the market found strong support there and recouped losses.
Gold prices ended Wednesday’s session nearly unchanged after shuffling between gains and losses following the sharp drop seen on Tuesday.
Gold prices fell $14.16 an ounce on Tuesday, weighed down by a rally in the U.S. dollar following Federal Reserve Chairman Jerome Powell’s testimony before the House Financial Services Committee.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices rose $5.39 an ounce on Monday as the dollar’s recent rally stalled ahead of key U.S. economic reports and a speech from Federal Reserve Chairman Jerome Powell later in the week.
Gold prices settled at $1328.75 an ounce on Friday, suffering a loss of 1.37% on the week, as concerns about higher interest rates resurfaced following the release of minutes from the Federal Reserve’s January meeting.
Gold prices ended Thursday’s session up $7.21 an ounce, snapping a four-day losing streak, as a retreat in the dollar sparked some short-side profit taking.