Gold prices held back by strong dollar headwinds

Gold prices held back by strong dollar headwinds

Precious metals are holding their ground this morning, Wednesday February 22, with gold and silver prices either side of unchanged, with spot gold at $1,235.10 per oz, while palladium is up 0.6% and platinum is up 0.2%. This follows on from Tuesday’s general weakness...
Gold price pares gains on dollar strength

Gold price pares gains on dollar strength

The gold price was under pressure from a stronger dollar during Tuesday, January 3 trading, drifting back from the previous week’s highs. The dollar index was last at 103.22, up 0.84% – investors returned to the greenback following a spate of year-end...
Gold price edges lower, strong dollar weighs

Gold price edges lower, strong dollar weighs

Gold was in negative territory on Monday December 12 in London, battling pressure from a strengthening dollar ahead of a crucial Federal Reserve meeting this week. The spot gold price was recently quoted at $1,155.65/1,156.05 per oz, down $2.35 on the previous close....
Gold Rises on Weaker Dollar

Gold Rises on Weaker Dollar

Gold prices rose Monday as a weaker dollar lifted the metal from recent lows. Gold for December closed up 0.1% at $1,209.80 a troy ounce on the Comex division of the New York Mercantile...
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