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Before the release of the Fed interest rate decision overnight, spot gold rose to a high of $4365.50 per ounce. After the Fed announced the rate hike, gold plunged to a low of $4235.00 per ounce. Gold...
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During Wednesday’s Asian session, spot gold opened at $4294.22 per ounce, hit a low of $4275.39 per ounce, surged to an intraday high of $4340.67 per ounce in the early morning, then consolidated nea...
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The Fed may kick off a rate hike in September. The US Dollar and US Treasury yields kept climbing. Spot gold surged intraday to around $4310 overnight before retreating, and finally closed at $4293.97...
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On Tuesday, gold continued the correction trend from the previous trading day, showing a pattern of falling first then stabilizing and fluctuating within a range. The price remained in a narrow and we...