Both gold and silver were little changed in Thursday’s session, as a strong US dollar and fading expectations of near-term interest rate cuts by the US Federal Reserve made precious metals less attractive to investors, even as tensions in the Middle East remained high. The April futures contract on COMEX gold dropped $64.4 to the…
Precious metals edged lower in Wednesday’s trade on 11 March from a strong close in the previous session as the US dollar resumed gains, making greenback-priced commodities more expensive for other currency holders. The April futures contract on COMEX Gold dropped $87 to the day’s low of $5,155.9 per troy ounce, erasing half of the…
Precious metals gold and silver, which had shown a limited reaction to the ongoing US-Iran war, saw a strong spike in Tuesday’s session, 10 March, supported by a retreat in the US Dollar Index, which made the metals cheaper for holders of other currencies. The April gold futures contract on COMEX regained strength, rising $136…
