Gold’s ascent was linked to a weakening U.S. dollar.
The dollar index slips 0.1%, signaling a weekly decline.
Investors brace for potential Fed rate cut delays.
U.S. Treasury yields down, enhancing global gold affordability.
Bob Haberkorn credits gold’s surge to a feeble dollar.
Safe-haven demand holds steady despite elevated rates.
The precious metals market treads cautiously amid challenges.
Fed Governor Waller exercises caution on rapid rate cuts.
Investors foresee delayed U.S. rate cuts pre-June.
Most Fed policymakers exercise prudence on early cuts.
Recent data unveils higher-than-expected U.S. consumer prices.
Speculation surrounding an early rate cut diminishes.
Lower rates elevate the allure of non-yielding bullion.
UBS analyst notes a more hawkish tone from Fed officials.
The surge in bitcoin ETF interest diverts attention from gold.
Platinum records a 0.1% loss, priced at $901.21.
Palladium gains 1.9%, reaching $986.56.
Silver sees a 1% increase, settling at $22.98, with a 1.8% weekly dip.
Anjana Anil reports; Mark Potter oversees editing.
Editing assistance was provided by Alexander Smith and Andrea Ricci.
Adherence to Thomson Reuters Trust Principles ensures journalistic integrity.
Gold’s value is intertwined with the strength of the dollar.
The dollar index’s weekly dip marks a notable shift.
Investors exercise caution, anticipating potential Fed actions.
A decline in U.S. Treasury yields enhances gold’s global appeal.
Bob Haberkorn points to a weakening dollar for gold’s rise.
Safe-haven buying persists despite prevailing high-interest rates.
Delicate balance observed in the precious metals market.
Fed Governor Waller adopts a measured approach to rate cuts.
Investors hedge bets against U.S. rate cuts before June.
Fed policymakers exhibit wariness regarding premature rate cuts.
Recent data unveils unexpectedly high U.S. consumer prices.
Speculation about an early rate cut loses traction.
Lower interest rates contribute to the attractiveness of non-yielding bullion.
UBS analyst notes a more hawkish tone from Fed officials.
Rising interest in bitcoin ETFs redirects focus from gold.
Platinum experiences a 0.1% dip, settling at $901.21.
Palladium registers a 1.9% gain, reaching $986.56.
Silver exhibits a 1% uptick, concluding at $22.98, with a 1.8% weekly dip.
Reporting is handled by Anjana Anil; Editing is overseen by Mark Potter.
Assistance in editing was provided by Alexander Smith and Andrea Ricci.
Commitment to Thomson Reuters Trust Principles guides journalistic standards.
Gold’s ascent mirrored in the weakening U.S. dollar.
The dollar index’s 0.1% slip signals a weekly downturn.
Investors brace for potential Fed delays in rate cuts.
U.S. Treasury yield decline enhances gold’s global affordability.
Bob Haberkorn attributes gold’s surge to a weakening dollar.
Safe-haven demand persists despite prevailing high-interest rates.
Delicate market balance observed in precious metals.
Fed Governor Waller exercises caution in approaching rate cuts.
Investors anticipate delayed U.S. rate cuts before June.
Most Fed policymakers approach early cuts with caution.
Recent data reveals higher-than-expected U.S. consumer prices.
Speculation around an early rate cut diminishes.
Lower rates enhance the allure of non-yielding bullion.
UBS analyst notes a more hawkish tone from Fed officials.
The surge in bitcoin ETF interest diverts attention away from gold.
Platinum records a 0.1% loss, priced at $901.21.