Tag: GCQ21

Gold prices notch a slight gain, but end below $1,800 for a second session

Gold futures logged a slight gain on Tuesday, but ended below closely watched $1,800-an-ounce mark for a second-straight session, holding ground near the lowest price in three weeks. The U.S. dollar traded with a “softer bias,” with gold holding to a tight trading range, ahead of Wednesday’s Federal Reserve announcement on monetary policy, said Chintan […]

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Why Basel III regulations are poised to shake up the gold market

New banking rules, part of a sweeping international accord known as Basel III, will come into effect on Monday and mark a big change for European banks and their dealings with gold — potentially altering the landscape for precious metal demand and prices. Like many reforms put in place over the past decade that aim […]

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European stocks slip and U.S. equity futures pause as investors continue to absorb hawkish Fed turn

European stocks dipped on Friday, while U.S. equity futures traded mostly flat, as investors continued to absorb a hawkish turn by the Federal Reserve. Banks and energy companies led the decliners. The Stoxx Europe 600 index SXXP, -0.13%, up 0.4% so far this week, slipped 0.2%, along with the German DAX DAX, -0.26%. The French […]

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