News Snapshot:
Gold futures extended declines for a third straight session Wednesday, as the prospects of higher-for-longer interest rates sent investors to the safety of the dollar, making gold more expensive for overseas buyers. The ICE U.S. Dollar Index rose 0.4% to trade near 106.70, after hitting its highest intraday level since November 30. Front-month Comex gold (XAUUSD:CUR) for September delivery ended -1.5% to $1,871.60/oz, its lowest settlement value since March 10, while front-month September silver (XAGUDS:CUR) closed -2% to $22.477/oz. ETFs: (NYSEARCA:GLD), (NYSEARCA:GDX), (GDXJ), (IAU), (NUGT), (PHYS), (GLDM), (AAAU), (SGOL), (BAR), (OUNZ), (SLV), (PSLV), (SIVR), (SIL), (SILJ), (SLVP) Newmont (NEM) was...
News Timeline:
Track the development of related news across the Internet.
September 22, 2023
16:36
Premarket: World stocks wilt, yields firm on re-pricing ‘high-for-long’ Fed rates
Source: theglobeandmail.com
August 17, 2023
02:26
Canadian dollar hits two-and-a-half month low as bond yields climb
Source: theglobeandmail.com
June 14, 2023
11:14
Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar’s share of global reserves, but greenback remains dominant
Source: ca.finance.yahoo.com
