Gold Retreats to $2,900, Records Seventh Straight Weekly Gain
Gold futures plummeted on Friday but they were still on track for the seventh straight weekly gain on investors seeking safe-haven demand amid turmoil in…
Posts Tagged: Import Prices
US Dollar Index (DXY) Rises on Higher-Than-Expected Import, Export Prices
The US dollar strengthened toward the end of the trading week as fresh inflation data resulted in safe-haven demand. The greenback came under pressure on…
US Dollar Strengthens Amid Safe-Haven Demand
The US dollar soared to close out the trading week as investors sought shelter in the conventional safe-haven asset. The greenback has been building on…
Gold Rockets to Fresh All-Time High on Safe-Haven Demand, Inflation Fears
Gold futures rocketed to another record high to close out the trading week. The precious metals are soaring on Friday despite a strengthening US dollar….
Gold Flirts With $2,000 Again on Sliding US Dollar, Treasury Yields Amid Weak Data
Gold futures flirted with $2,000 toward the end of the trading week as abysmal economic data, cooling inflation, and a weakening greenback supported the precious…
US Dollar Index (DXY) Surges on Flat Retail Sales, Slumping Financial Market
The US dollar added to its gains to finish the trading week, driven by red ink across the financial markets. Investors hit the sell button…
US Dollar Records Modest Gains As Retail Sales Top Estimates
The US dollar is recording modest gains at the end of the trading week, with investors taken aback by the unexpected increase in retail sales…
Gold Adds To Weekly Gain on Lower Dollar, Higher Inflation — Is $1,900 Next?
Gold futures rallied again to finish the trading week, allowing the yellow metal to notch the second consecutive weekly gain. Gold prices have been benefiting…