Israel, Hezbollah and Gold
Gold was lower in early Asian trade after the precious metal fell 3.4% on Monday, its biggest daily percentage decline since early November.
Gold prices dropped sharply on Monday on a "corrective pullback from recent solid gains and some profit-taking from the shorter-term futures traders," said Jim Wyckoff, senior analyst at Kitco.com.
Gold prices experienced a significant drop due to hopes of a Lebanon-Israel ceasefire and the announcement of Scott Bessent as US Treasury Secretary.
Gold has still climbed roughly 30% this year, supported by central bank purchases and the Fed’s pivot to rate cuts. Haven ...
World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might ...
Gold futures tumbled after Donald Trump indicated he would nominate Wall Street veteran Scott Bessent as Treasury secretary. Traders wagered that Bessent would moderate Trump's approach to tariffs, ...
A sharp fall in the price of silver has created a buying opportunity for investors following a metal which has better ...
Gold slipped on Monday as safe-haven flows declined on a potential ceasefire in the conflict between Israel and Lebanon-based ...
On the international front, gold prices decreased by $43 to $2,672 per ounce (31.10 grams). Spot gold dropped 1% to $2,686.73 per ounce after slipping 2% earlier in the session. US gold futures ...
DXY retreats from two-year peak as 10-year yields drop to 4.361%. Markets await Fed minutes and inflation data for insights ...
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