Gold prices bounced back holding near their highest levels since June, as inflation worries continue to push investors toward the safe-haven metal.
Mild price gains for gold as risk aversion upticks
Gold prices are modestly higher in early U.S. trading Friday, as some keener uncertainty has entered the marketplace late this week, to support the safe-haven metal.
Gold rises from daily lows
Gold rose from daily lows following the data release, with December Comex gold futures last trading at $1,867.30, down 0.16% on the day.
Gold, silver and platinum find new levels
The bullish action shows us this consolidation at higher levels than before.
Gold prices rise as inflation risks persist
Higher interest rates increase the opportunity cost of holding non-interest bearing gold.
Silver demand to surpass 1 billion ounces this year, hitting a 6-year high
The global silver market will see demand reach 1.29 billion ounces this year, the first time it has breached 1 billion since 2015.
Combination of gold, bitcoin and bonds to beat inflation
The investment environment will be changing in 2022, and a combination of gold, bitcoin and bonds could be the winning one, according to Bloomberg Intelligence.
Hedge funds scrambling for gold
The growing inflation threat has shifted sentiment in the gold market, with hedge funds significantly increasing their bullish precious metals bets to protect their wealth.
Gold nears 5-month peak as inflation worries boost appeal
Gold prices neared a five-month high touched in the previous session, after strong U.S. consumer price data prompted a rush into the precious metal seen as a hedge against inflation.
Gold price is heading back to $2,000 after playing 'second fiddle' to other assets – DailyFX
After playing "second fiddle" to other assets for most of the year, gold is on its way back towards the 2020 record highs of above $2,000 an ounce, said DailyFX analyst Warren Venketas.
Gold price marches to 5-month peak as tune of inflation amplifies
Gold kept its hot streak going on Wednesday, rising by as much as 2% to a five-month high, after a surge in US consumer prices last month elevated bullion’s appeal as an inflation hedge.
Price gains for gold, silver; inflation train leaving the station
Gold and silver prices are higher and near this week’s multi-month highs in early U.S. trading Thursday.
Bitcoin vs. gold: Two leading authorities on the precious metal unpack the inflation hedge battle
Is bitcoin the new gold?
Traders finally seeking gold, silver as inflation hedge amid hot price data
For many gold and silver market bulls, it took a while for their markets to catch fire due to rising and even problematic inflation around the globe.
Copper price rises on strong export growth in China
The copper price rose on Monday as worries about demand in top consumer China were offset by strong export growth data from the country.
