Gold

Gold slips as upbeat US data boosts dollar, dims rate-cut bets

A firmer US dollar makes greenback-priced metals more expensive for overseas buyers

Gold bullion hit a record high of US$4,634.33 per ounce on Tuesday.

Gold near record-highs as softer US inflation fuels Fed rate-cut bets

GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90 mark, as softer-than-expected US inflation readings cemented US...

Non-yielding assets tend to do well in a low-interest-rate environment and during geopolitical or economic uncertainties.

Gold eases on profit-booking after breaching US$4,600/oz

Major brokerages expect two 25-basis-point rate cuts each in June and September

Non-yielding assets tend to do well in a low-interest-rate environment and during geopolitical or economic uncertainties.

Gold, silver notch record highs on safe-haven demand, Fed rate-cut bets

Investors currently expect at least two Federal Reserve rate cuts this year

Bank of Thailand governor Vitai Ratanakorn said gold trading apps in Thailand have been linked increasingly to grey capital and abnormal baht fluctuations.

Thai central bank to expand authority to scrutinise online gold trading

Bank of Thailand has blamed gold traders for driving up the baht

Non-yielding assets tend to do well in a low-interest-rate environment and during geopolitical or economic uncertainties.

Gold falls as commodity index adjustments weigh ahead of US jobs data

Investors are looking to the non-farm payrolls data for monetary policy cues

The Bank of Thailand said that at peak periods, gold-related deals accounted for 50 to 60% of Thailand’s total US dollar trading.

Thai gold traders plan US dollar-based trading to curb baht rally

The rally adds to economic shocks facing Thailand’s economy, as it erodes export competitiveness and hurts tourist spending

Non-yielding assets tend to do well in a low-interest-rate environment and during geopolitical or economic uncertainties.

Gold, precious metals rise as softer US jobs data boost Fed rate cut bets

Investors currently expect at least two Fed rate cuts this year

Gold delivered its best annual performance since 1979 on the back of central bank purchases, geopolitical angsts as well as debasement trades – a retreat from sovereign bonds and currencies for alternative stores of value.

China’s PBOC adds gold for 14th month as prices hit record

Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month