Gold steadies as traders assess outlook for US interest rates

Gold steadies as traders assess outlook for US interest rates

Bullion remained perched above $3,980 an ounce, a level that keeps the precious metals market in focus for investors seeking safety and portfolio diversification. Why bullion is holding firm Safe-haven demand: Economic uncertainty and geopolitical tensions often push investors toward precious metals as a hedge. Inflation concerns: Persistent inflationary pressures can boost interest in bullion … Read more

Gold rebounds on haven demand as risk-off mood rattles markets

Gold rebounds on haven demand as risk-off mood rattles markets

Gold slips after Fed officials shy away from a December rate cut Gold prices fell on Tuesday after three Federal Reserve policymakers signalled they are not ready to back another interest-rate cut in December. Their cautious stance reflected a balancing act between rising inflation risks and signs of a softer labour market. Why the comments … Read more

Gold dips below $4,000 after China ends some tax incentives

Gold dips below $4,000 after China ends some tax incentives

Bullion for immediate delivery slipped by as much as 1% during trading before recovering most of that decline, after Chinese jewellery stocks posted significant losses. The move highlights renewed sensitivity in metals markets to signs of weaker consumer demand in China, a major driver of global gold consumption. What happened in the market Spot bullion … Read more

Gold, silver retreat before a likely rally

Gold, silver retreat before a likely rally

Gold volatility marked October trading Comex gold surged past the psychological $4,300 level earlier in the month, signaling strong momentum among buyers. By the close of October, the contract settled at $4,013.4, leaving it roughly $287 lower than that intra-month high. Why the move mattered The jump above $4,300 highlighted continued interest in gold as … Read more