Gold rises on safety demand as markets look to 2025 in holiday lull
Gold prices rose on Thursday, driven by safe-haven demand amid light trading volumes following the Christmas holiday, as markets await signals regarding the U.S. economy under the incoming Trump administration and Federal Reserve's rate strategy for 2025.
Gold Futures Slip Slightly in Slow Holiday Trading
Gold futures slip slightly amid low holiday trading volumes. Futures fall 0.1% to $2,626.10 a troy ounce. Continued pessimism about the pace of U.S. interest-rate cuts in 2025 have prevented the precious metal from benefiting from weak economic data,
Gold Futures Flat on Low Trading Volumes, Stronger Dollar
Gold futures are flat on thin holiday trading and a stronger U.S. dollar. Futures hover at $2,627.60 a troy ounce. U.S. Treasury yields have risen, propelling the greenback up and suppressing gold prices,
Gold eases as US dollar, yields rise in thin holiday trading
Gold prices edged lower in subdued holiday-season trading on Monday, weighed down by a robust dollar and high U.S. Treasury yields as investors awaited clearer signals on the Federal Reserve's monetary policy for 2025.
Gold Inches Up as Rising Dollar and Fed’s Rate Policy Pressure Investors
Gold prices inched higher in Asian markets Tuesday, with spot gold gaining 0.2 percent, while futures added 0.1%. The precious metals upward movement was limited as the Federal Reserves hawkish policy reinforced
Gold gains momentum amid doubts over 2025 Fed rate cut pace
Gold prices have steadied at $2,620 an ounce, reflecting investor caution amidst mixed signals from the US Federal Reserve. After closing 0.4% lower earlier this week, bullion has rebounded slightly in thin holiday trading.
Gold steadies in holiday lull as markets await 2025 Fed moves
Gold prices steadied in holiday-thinned trade on Tuesday as investors looked ahead to the U.S. Federal Reserve’s interest rate strategy and President-elect Donald Trump’s tariff policies, which could shape the metal's trajectory next year.
Gold steady ahead of holidays; Fed outlook weighs
Gold prices remained steady as investors anticipated fewer interest rate cuts from the Federal Reserve in 2025 amid the approaching Christmas holiday. Despite a benign U.S. inflation reading, markets are pricing in minimal easing next year.
Is gold jewelry considered an investment? Experts weigh in
The price of gold rose dramatically in 2024, eventually reaching $2,790 per ounce in October before moderating slightly.
Gold gains on geopolitical turmoil; Fed, Trump's 2025 policies in focus
(Reuters) - Gold rose on Thursday in light holiday trading, boosted by safe-haven demand due to geopolitical tensions, with ...
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