Gold rises amid US election uncertainty, lower US Treasury y
Gold gains as investors seek refuge amid election-related uncertainty and global tension. US Treasury yields steady; rising real yields slightly cap Golds advance. Analysts warn prolonged election result could further boost Gold prices in t...
Temporary increase in demand for Gold in India due to festiv
Gold demand in India rose last week due to the festivals of Dhanteras (29 October) and Diwali (31 October), Commerzbanks commodity analyst Carsten Fritsch notes. Gold demand weakens again However, due to the record high prices, the increase...
Gold price stands firm amid US presidential election uncerta
Gold price drifts higher in Mondays Asian session. Safe-haven demand amid US presidential election uncertainties, persistent Middle Eastern tensions, might lift the Gold price. Traders brace for the US election outcome on Tuesday ahead of t...
Gold price retreats from record highs after mixed US data
Gold dips from all-time high amid strong US jobs data and steady core inflation. Investors remain risk-averse ahead of November 5 US election, polls show a narrow race between Trump and Harris. Nonfarm Payrolls and Feds upcoming rate decisi...
Gold demand rises in the third quarter due to ETF inflows
The World Gold Council published data on Gold demand in the third quarter this week. Taking into account over-the-counter (OTC) transactions, demand rose by 5% year-on-year, reaching a record level for a third quarter. The increase in deman...
Gold bulls make handbrake turn after reaching milestone high
Gold edges lower after topping at a new record high of $2,790 on Thursday. The yellow metal sees downside pressure from rising US Treasury bond yields following stronger US employment data. Hopes of a Middle East ceasefire and the probabili...