Gold set up for ‘tsunami’ of sales once economies reopen

Gold prices edged higher on Monday, as softer U.S. jobs data cemented hopes of further fiscal stimulus and pressured the dollar, although bullion’s gains were capped by higher Treasury yields. Spot gold was up 0.2% at

Gold was up on Wednesday morning in Asia, amid growing hopes of further U.S. stimulus measures. Gold futures were up 0.41% at $1,840.95 by 12:39 AM ET (5:39 AM GMT). Democrat lawmakers in the U.S. Senate began

All precious metals will see solid gains this year, but the likeliest best performers will be silver, followed by platinum and gold, said Frederic Panizzutti, managing director at MKS. Despite a slower start to the year,

Gold prices edged higher on Monday, recovering from a near seven-week low, as prospects of a massive US coronavirus relief aid outweighed a stronger dollar and lifted bullion’s appeal as an inflation hedge. Spot gold advanced

Gold prices steadied on Tuesday as Asian stocks traded lower, dragged by political unrest in Washington and rising global COVID-19 cases, outweighing a firmer dollar and U.S. Treasury yields. Spot gold was little changed at $1,845.19

Gold prices rose on Thursday as a Democrat sweep of Georgia’s Senate runoffs boosted expectations of additional U.S. stimulus, although soaring Treasury yields held back bullion below a two-month high scaled in the previous session. Spot

Gold prices in India rose more than 1 percent on January 4 tracking a positive trend in international spot prices, which hit an eight-week high as global  COVID-19 cases spiked and countries pushed for more lockdowns

Gold prices today jumped as much as 1% (Monday) to a near one-and-a-half-month high, driven by news that an agreement on a long-awaited U.S. fiscal stimulus deal had been reached. Spot gold rose 0.8% to $1,896.39

Gold prices rallied Thursday, with a steep decline in the U.S. dollar, the Federal Reserve’s ongoing loose monetary policy and expectations for a new fiscal stimulus package from Washington lifting bullion to its highest finish in

Gold was up on Tuesday morning in Asia, with COVID-19 cases continuing to increase and overshadowing the start of COVID-19 vaccine inoculations in the U.S and Canada. Negotiations over the latest U.S. stimulus measures continue. Gold

Gold edged up on Friday as the dollar held near a two-and-a-half-year low, offsetting concerns over delays in a U.S. coronavirus package. Spot gold rose 0.1% to $1,837.21 per ounce by 0531 GMT. U.S. gold futures

Gold prices rose marginally in Indian markets on December 7 morning, tracking a muted trend in international spot prices. On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 0.19 percent at Rs 49,266

Gold was trading higher on December 4, tracking a positive trend in international spot prices on a weak dollar and stimulus hopes. On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 0.17 percent

Gold jumped more than 2% on Tuesday, rebounding from a five-month low in the last session, and silver soared over 6%, as the dollar slid, with U.S. stimulus bets adding to bullion’s appeal as an inflation

Gold prices rose on Thursday, aided by a weaker dollar, as investors bet that grim U.S. jobs data and surging COVID-19 cases worldwide would spur authorities to announce further stimulus measures. Spot gold rose 0.5% to