Gold prices drifted higher on Monday, as investors looked ahead to a busy week of Federal Reserve speakers for fresh clues on the likely trajectory of monetary policy. Comex gold futures inched up $4.70, or about 0.4%, to $1,292.02 a troy ounce by 3:05AM ET (0805GMT). Gold futures finished modestly lower in an abbreviated session […]

Gold prices gained in Asia on Tuesday with risk heightened as President Donald Trump declared North Korea a state sponsor of terrorism, using more stick in dealings with Pyongyang even as contacts are said to be underway to lead to talks. Gold futures for December delivery on the Comex division of the New York Mercantile […]

Gold prices rallied Friday to a more than one-month high, tacking on nearly 1.8% for the week. December gold climbed by $18.30, or 1.4%, to settle at $1,296.50 an ounce. Gold futures, which saw their biggest single-session percentage gain since May, scored an almost 1.8% weekly rise, its second in a row. The exchange-traded SPDR […]

Gold prices edged higher in Asia on Thursday with the ongoing debate about inflation prospects in the year ahead driving sentiment. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose 0.08% to $1,278.74 a troy ounce. Overnight, gold prices fell on Wednesday after the dollar moved off intraday […]

Commodities Gold Dips In Asia, But Well Supported On Middle East Tension. Gold dipped in Asia on Friday, but remained well supported on Middle East tensions between Iran and Saudi Arabia and await a summit in Vietnam among Asia-Pacific nations. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange […]

On April 5, 1933, President Franklin D. Roosevelt issued an executive order making private ownership of gold illegal. The order forced Americans to sell their bullion to the Treasury at the then legal price of $20.32. Gold ownership remained illegal in the US until 1974. Failure to tender your gold could get you a maximum […]

Gold prices fell to one-week lows on Friday as the dollar gained ground after upbeat U.S. factory orders and service sector data offset the impact of a weaker than expected employment report for October. Gold futures for December delivery settled down 0.53% at $1,271.38 on the Comex division of the New York Mercantile Exchange. For […]