Gold slips as oil prices rise ahead of Fed decision
Gold prices slipped as oil prices rose ahead of the Federal Reserve's decision.
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Bitcoin profit-taking rises after latest run-up
Glassnode says 86% of bitcoin moved onto exchanges on Sunday came from short-term holders, the highest share in more than a year. The analysis says continued profit-taking could create supply pressure near $85,000.
US PCE, GDP, ADP reports: inflation cools, consumer spending strong
August PCE inflation rose 0.3% month-on-month and 3.4% year-on-year, below expectations. Core PCE rose 0.2% monthly and 3.3% annually, also cooler than predicted. Second-quarter GDP was revised up to a 2.2% annualized rate, while September private sector jobs added by ADP surged to 90,000, exceeding forecasts.
Gold rises as dollar weakens and oil slips ahead of Fed
Spot gold rose 1.3% to $4,347.91/oz by 1208 GMT as the dollar weakened and oil prices slipped; investors awaited the Fed’s upcoming interest-rate decision.
Gold rises over 1% as dollar eases; oil slips ahead of Fed
Spot gold was up about 1.3% to $4,346.30/oz around 1034 GMT as the dollar weakened and oil slipped; investors awaited the U.S. Federal Reserve’s upcoming interest-rate decision.