Gold Prices: Bullion Falls 1.1% as Oil Rebound Fuels Inflation Concerns
Gold declined on Friday as rising energy prices strengthened expectations of higher interest rates, while investors awaited key US employment data.
Gold declined on Friday as rising energy prices strengthened expectations of higher interest rates, while investors awaited key US employment data.
Gold advanced after the US dollar fell to a one-month low following the Democrats’ midterm election victory, while declining Treasury yields and geopolitical uncertainty added support.
Gold prices fell to their lowest level in more than three weeks on Wednesday as
Gold prices extended their decline on Thursday, remaining near a more than seven-month low as
Oil prices fall sharply on Wednesday after growing optimism surrounding a possible agreement between the