Search result for Gold prices
U.S. employment data boosts the dollar and yields, and gold prices fall.
On Thursday, gold prices dipped as the U.S. weekly jobs data suggested a tight labor market, which could keep the Fed on its rate-hiking cycle and support the currency and Treasury yields.
At 3:23 p.m. ET on Thursday, spot gold had fallen to $1,836.39 per ounce after gaining in each of ...
S&P 500 STOCKS MOVES TO GREEN POST RE-OPENING, MARKET BOOSTS DUE TO HOPE
Highlights:
- Investors are encouraged by the re-opening of the US economy
- Dollar slides to a decade low, while S&P 500 moves to the green for the year 2020
As the reopening of the 50 US economies pumped new hope into the investors, the market soar...