Gold rises more than 1% on softer dollar
Gold futures advanced more than 1% in early European trading as the dollar weakened and oil prices slipped. Market participants also were reassessing the inflation and interest-rate outlook.
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Gold futures advanced more than 1% in early European trading as the dollar weakened and oil prices slipped. Market participants also were reassessing the inflation and interest-rate outlook.
Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.
Gold futures advanced in early European trade as the dollar softened and oil prices fell. Traders were also reassessing the inflation and interest-rate outlook.
Bitcoin rose 0.9% to $82,468 after touching a two-and-a-half-week low, as risk appetite improved on hopes of diplomatic progress in the Middle East conflict. The move also came as oil prices eased and the dollar softened.
World stocks rose on Tuesday, reaching two-week highs as falling oil prices and retreating bond yields steadied sentiment ahead of an earnings season expected to be driven by AI growth. S&P 500 futures pointed to a record-high open, while the Nasdaq was on track for a third consecutive all-time high.
Benchmark 10-year U.S. Treasury yields held near their highest since June 2007, while German and French 10-year yields hit 17-year and 18-year highs. Stocks were broadly resilient, with Asian shares higher and European indexes little changed.
Benchmark sovereign yields in the US, Germany and France hovered near multi-year highs while equity indexes rose across Asia and Europe. The dollar was set for a monthly gain, with crude and gold also firmer on the month.
() -- (Updates gold price in the second paragraph.) Gold rose for a third session early on Monday, climbing to a two-week high as Treasury yields retreated amid easing inflation concerns even as the dollar strengthens. Gold for August delivery was last seen up 1% to $4,166.80 per ounce, the highest since June 22. The r
() -- Gold rose for a third session early on Monday, climbing to a two-week high as Treasury yields retreat amid easing inflation concerns even as the dollar strengthens. Gold for August delivery was last seen up 0.9% to $4,161.20 per ounce, the highest since June 23. The rise comes as last week's US jobs report showed