Gold rises 1.4% as Fed outlook weighs
Spot gold gained 1.4% to $4,190.57 per ounce by 0630 GMT, with a softer US dollar and lower oil prices cited amid lingering inflation concerns and the Fed rates outlook.
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Gold futures fall for third session as dollar rises
Gold futures declined for a third session in four as a stronger U.S. dollar and firmer U.S. yields capped demand. Silver also fell, with the market looking ahead to Federal Reserve minutes for rate guidance.
Wall Street set for cautious open as AI cash-flow debate weighs on stocks
S&P 500 and Nasdaq modestly lower; Dow about 0.6% down. Utilities lead gainers, healthcare lags. Dollar firmer, gold up about 1%, US crude down over 2%, and US 10-year yield around 5.28%. Apollo Global Chief Economist Torsten Slok highlights a potential gap between AI cash-flow projections.