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
Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021
Bullion fell last year in its biggest annual decline since 2015
Bullion has erased its November rally and is almost back to where it started the month
Spot gold steadied at $1,755.18 an ounce at 9.40am in Singapore, after retreating 0.2 per cent on Monday
Gold is heading for its biggest monthly loss since June as more central banks start signaling a pullback in stimulus measures
The traditional haven has lost 8 per cent this year
The global economic recovery has piled pressure on bullion this year
Wealth management has gone through layers of disruption to morph into its current advisory form
Each of the four defendants has been handed a five-year imprisonment term followed by deportation and a fine of Dhs10m
Bitcoin is up about 1,000 per cent in the past year amid signs of increasing institutional interest as well as speculative demand
It represented a nearly 45 per cent decrease year-on-year