Skip to main content

Gold Gains In Asia As Dollar Index Dips Further, Mnuchin Comments Ahead Eyed


Gold prices gained in Asia on Thursday after an initial small gain in the dollar index was reversed and favored physical buying of the greenback-denominated commodity with investors still pondering an apparent switch in the US strong dollar policy by the US Treasury Secretary Steven Mnuchin overnight
www.mcxgoldstar.com
7830278303

Comments

Popular posts from this blog

Gold Prices Rise As All Eyes Turn To Powell

Gold prices edged up on Monday, rebounding from the worst week in more than two months. Federal Reserve’s new chair Jerome Powell would be giving his first speech at the Congress on Tuesday, as investors look for potential clues of future pace of U.S. monetary policies www.mcxgoldstar.com 7830278303

Gold Prices Slip, Pull Away From 2-1/2 Week Highs

Gold prices slipped on Thursday, pulling away from the previous session's two-and-a-half week highs posted after mixed U.S. economic reports dampened expectations for a more aggressive rate hike policy by the Federal Reserve. www.mcxgoldstar.com 7830278303

Gold Prices Mildly Supported Ahead of Powell Testimony

Gold prices remained mildly supported on Tuesday, as sentiment on the greenback was vulnerable ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony scheduled later in the week. www.mcxgoldstar.com 7830278303