Gold price rises as investors focus on Federal Reserve for hike hints
Commodities

Gold Up Against Weaker Dollar, Investors Digest China’s Economic Data

By Administrator_India Capital Sands Gold was up on Tuesday morning in Asia, near a five-month high, as Chinese factory activity data released earlier in the day was better than expected and investors await key U.S. economic data to be released later in the week. Gold futures were up 0.47% to $1,914.25 by 11:07 PM ET (3:07 AM GMT). […]

Gold price rises as investors focus on Federal Reserve for hike hints
Commodities

Gold Erases 2021 Loss With Fed Policy Steady, Bond Yields Ebbing

By Administrator_India Capital Sands Gold erased 2021 losses as signs of inflationary pressures stoked growth concerns and Federal Reserve officials assured investors on the outlook for monetary policy. Central bank officials reiterated that they expect transitory rather than lasting price pressures from the U.S. economic rebound, damping speculation around any push to tighten policy. Declines […]