Gold

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  • $1,212.45
  • -7.95 (-0.65%)

News

Gold price steady as US dollar retains weaker tone

US Fed minutes weigh on US currency

The price of gold was treading water in afternoon trade. The value of precious metal rose late Wednesday following the release of the minutes from the latest US Federal Reserve meeting which weighed on the US dollar.

November 2017
  • Higher US rates help keep gold range-bound Higher US rates help keep gold range-bound November 2017

    The gold price rose Monday following a 0.7% fall Friday, as its safe-haven status recovered a boost on a weaker near-term outlook for US equities.

  • Higher US rates help keep gold range-bound Higher US rates help keep gold range-bound November 2017

    The gold price rose Monday following a 0.7% fall Friday, as its safe-haven status recovered a boost on a weaker near-term outlook for US equities.

  • Geo-political concerns limit decline Geo-political concerns limit decline October 2017

    Gold price edges lower Tuesday as the Us dollar gains ground on news President Trump is concidering a hawkish new chairman to replace Janet Yellen when her term ends in February 2018.

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