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GOLD SET FOR WEEKLY LOSS ON FED JITTERS; INDUSTRIAL METALS GAIN 0
- Gold, Market, Stock Market
- October 14, 2022
Gold prices fell on Friday and were set to close the week lower amid fears of more interest rate hikes by the Federal Reserve, while signs of tightening supply helped copper and aluminum prices weather a worsening economic outlook Bullion prices sank well below $1,650 on Thursday – a key support level – after U.S.
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GOLD STEADIES ABOVE $1,650 AS SAFE HAVEN APPEAL CREEPS BACK IN 0
- Gold, Market, Stock Market
- October 3, 2022
Gold Prices Steadied Above A Major Support Level On Monday As Growing Risks Of An Economic Recession Spurred Some Safe Haven Demand For The Yellow Metal. Prices also recovered marginally from a bruising September, where they dropped 3%. Bullion prices marked their worst quarter since March 2021 with a 7.5% drop Spot gold rose 0.2%
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