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
Traders are awaiting more clarity on central bank action to tackle searing inflation
Bullion is hovering above the $1,700 an ounce level as it continues be pressured by the strength in the US dollar
Gold slumped below $1,700 an ounce on Thursday for the first time in almost a year
Bullion on Wednesday bucked a downward trend that’s seen it slide for four consecutive weeks
Spot gold fell 0.5 per cent to $1,725.05 an ounce in Singapore, after falling 0.5 per cent in the previous session
Anticipated changes in the international monetary system and concerns over rising economic risks in reserve currency economies are also major factors
The gold price decline in recent months has come as the US central bank started its hiking cycle
Bullion has risen past $1,850 an ounce in the second half of May
Bullion has eased after rallying to within $5 of a record last week
Bullion has gained 12 per cent this year
Brent crude surged as much as 18 per cent after opening on Monday
The crisis in Europe is disrupting flows of energy, grains and metals
Spot gold rose as much as 1 per cent to $1,928.80 an ounce, the highest level since January 2021
Bullion is having a strong start to 2022
The largest cryptocurrency dropped as low as $36,831 on Tuesday morning
Supply chain disruptions, government stimulus and adverse weather have all contributed to market tightness last year
Gold has made a strong start to the year, surging to the highest since June
Bullion’s appeal as a store of value is being burnished by risk aversion in markets and a surge in inflation worldwide
January’s employment report due Friday is expected to be weak