Money & Investing

Reasons for last night's gold price drop

|

The positive US jobs report has weakened expectations that the US Federal Reserve (Fed) will soon ease monetary policy, thereby putting pressure on gold prices.

Gold price update morning 6.6: Reduced by more than 120 USD/ounce

|

Gold price update morning of June 6th: World gold fell sharply last night, possibly pulling domestic gold down sharply in the new trading session.

Gold prices fall for the second consecutive week, investors await new signals

|

World gold prices fell in the last session of the week and headed for their second consecutive week of decline as expectations of high interest rates in the US continued to put pressure on the precious metal.

Gold prices face pressure, new worries cast a shadow over the market

|

Gold prices are trending down for the second consecutive week as Middle East tensions and concerns about high interest rates continue to put pressure.

Gold price update closing session 5.6: Domestic gold prices decrease by another 2.8 million VND/tael

|

Gold price update at the closing session on June 5th: Continuing to decrease, domestic gold decreased to near the 153 million VND/tael mark.