Tag: Safe haven

Gold prices experienced a rollercoaster ride this week, hitting a high of $2,477 before dropping to $2,430, marking a 0.60% decline in value. This fluctuation was influenced by various economic factors, including the release...

Gold prices have surged to a new all-time high of $2482, with a significant increase of 1.9% in a single day - the largest jump since December 13. This rise comes after breaking through...

Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls (NFP) report exceeded expectations, downward revisions to the figures from...

Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair reached a two-week high of $2,365 the previous day, driven...

Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting a slightly dovish stance, emphasized the need for further progress...

Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1% following economic data that showed a softer US dollar and...

During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it underperformed the worst with a current year-to-date intraday loss of...

Gold prices are holding steady above $2,300 as uncertainty looms around the Federal Reserve's rate-cut decisions. The Fed's recent hawkish outlook has led to speculation about only one rate cut in 2024, which has...