#gold
Traders’ bets signalled growing doubts that the Fed will cut rates more than once in 2024
Spot gold was up 0.6 per cent at $2,345.56 per ounce, in early trade on Thursday
US gold futures settled 1.6 per cent higher to $2,345.4
Bullion has hit record highs in each session for over a week over data from the US economy
Gold logged its best month since July 2020, at a 9 per cent increase, and a second straight quarterly rise
Gold set a record peak of $2,194.99 for the fourth straight day on Friday after data signalled a cooling US labour market
Some investors also expect a widening crisis could prompt safe-haven buying of Treasuries
Oil and gas markets have been where the nervousness has been most evident due to fears that Israel could become bigger
Spot gold was up 0.1 per cent at $2,042.01 per ounce, as of 5.34am GMT
The coins will be made available for purchase after Ramadan
Spot gold was little changed at $1,845.34 an ounce as of 8:52 a.m. in Singapore, after falling 0.5 per cent on Monday
The exchange reported a 78 per cent increase in the volume of gold contracts traded on the exchange compared to previous year
Gold tends to have a negative correlation with the dollar and rates as it does not bear interest and is priced in the US currency
Spot gold was little changed at $1,674.62 an ounce as of 7.48am in Singapore
Bullion ended 1.3 per cent lower on Tuesday after the consumer-price index figures were released
Bullion has mainly fluctuated between $1,700 an ounce and $1,720 in September after several months of declines
Online sales reached $29m, accounting for 3 per cent of total sales from January through August
Central banks globally are set to keep raising interest rates to fight inflation, weighing on non-yielding assets like gold
Bullion ended Monday little changed after tumbling to the lowest level in a month
Bullion is heading for a fifth monthly decline, the longest such stretch in four years
Spot gold slipped 0.2 per cent to $1,755.35 an ounce as of 9.04am in Singapore, paring the weekly gain to 0.5 per cent
Higher rates weigh on non-interest bearing bullion
Bullion is trading near a two-week low amid an ongoing discussion on whether the Fed will shift to less aggressive rate hikes
Bullion is hovering near a two-week low after the US dollar and bond yields rose Wednesday
Gold’s next move may hinge on the minutes from the Fed’s July meeting
Bullion initially jumped on August 10 after the US consumer price index decelerated by more than expected in July
Bullion dropped 0.9 per cent as US non-farm payrolls jumped by more than double what economists had forecast
Gold climbed as the dollar and bond yields retreated, with investors assessing US-China tensions and an apparent hawkish turn from the Federal Reserve
The European Central Bank (ECB) raised its key interest rate by 50 basis points, the first increase in 11 years, as it confronts surging inflation
Gold has lost more than $110 in July alone as traders increased bets on a full percentage-point increase in US rates