Tag: Gold Prices

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Gold Prices Continue to Fall on November 12 as Spot Gold Drops Below $4,000

International spot gold fell to $3,972.9 per ounce on the morning of November 12, extending the previous session’s decline. Higher than expected US consumer inflation and comments from a Federal Reserve official on interest rates strengthened the dollar and weighed on gold.

Finance21 hours ago

Gold Falls More Than $100 an Ounce as US Inflation Exceeds Forecasts

US consumer prices rose more than expected in October, prompting traders to raise their bets on a Federal Reserve rate increase in December. On November 10, spot gold fell 2.6% in New York, down $107.4 an ounce, while the dollar index and US Treasury yields rose. The next morning, Vietcombank’s dollar selling rate reached 25,790 dong.

Finance1 day ago

Tag: Gold Prices

Gold Prices Continue to Fall on November 12 as Spot Gold Drops Below $4,000

Gold Falls More Than $100 an Ounce as US Inflation Exceeds Forecasts

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