(Kitco News) – Gold prices are modestly down in midday U.S. trading Tuesday. Some stronger U.S. economic data gave the monetary policy doves some pause on their notions of several interest rate cuts in the coming months. Meantime, silver futures pushed to a nearly four-month high today on chart-based buying interest and bargain hunting. August gold futures were last down

By Barani Krishnan Investing.com – With just two weeks before a potential U.S. interest-rate cut, there seems to be little that can suppress gold prices. The yellow metal largely held its own on Monday against bullish Empire State manufacturing numbers and other positive data out of China, proving solid demand among investors for an alternative

Gold prices are set to “reach $2,000 by the end of the year,” predicts David Roche, president and global strategist at London-based Independent Strategy.

By Rajendra Jadhav MUMBAI (Reuters) – India raised the import duties on gold and other precious metals on Friday in a surprise move that industry officials say could dampen retail demand and boost smuggling in the world’s second-biggest bullion consumer. Lower demand from India could weigh on global prices that are trading near their highest

Gold prices traded on the defensive on Friday, following a stronger than expected US payroll report and very weak German manufacturing. US yields surged higher buoying the US dollar which paved the way for lower gold prices. The payroll report caught the market offguard following a worse than expected private payroll report releaed by ADP

Gold steadied on Wednesday, paring gains from earlier in the session as a rally in equities took some shine off the non-yielding metal, while global growth concerns and bets for dovish monetary policy kept bullion supported. Spot gold was lower at $1,416.15 per ounce, having earlier hit its highest level since June 25, at $1,435.99. U.S. gold

In the month, gold is closing its best month since 2016 with over 8.0% gains and logging its second consecutive month of gains. On the quarter, XAU/USD recovered itself from early losses, and it is posting near 9.5% gains in the last three months. Gold and other metals are trading positive on the last day

By Barani Krishnan Investing.com – China deal or no deal? Speculation ahead of the meeting between U.S. President Donald Trump and China President Xi Jinping is blowing both hot and cold. That’s prompted gold bulls to yield little on the yellow metal’s price, even as it remains under pressure from tamped down expectations for a

Investors plow into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions.