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Global Market Report – 21 Oct 2021

Gold Spot Gold prices jumped after the U.S. dollar weakened, as worries over rising inflation and supply chain issues boosted the safe-haven metal’s appeal. Also boosting gold, U.S. benchmark 10-year Treasury yields pulled back after hitting a five-month peak earlier...

Global Market Report – 20 Oct 2021

Gold Spot Gold prices pared gains on Tuesday, after rising more than 1% earlier, as their safe-haven appeal took a knock from rising U.S. Treasury yields and upbeat earnings from American companies. Market participants are increasingly expecting the Fed to start...

Global Market Report – 18 Oct 2021

Gold Spot Gold prices recouped some losses after a steep sell-off in the previous session as U.S. bond yields and the dollar softened, restoring some of the precious metal’s appeal. Treasury yields rose sharply on Friday after data showed U.S. retail sales...

Global Market Report – 15 Oct 2021

Gold Spot Gold was set on Friday for its best week in more than five months as a retreat in the U.S. dollar and Treasury yields lifted the metal’s appeal despite a looming Federal Reserve taper. Both the dollar index and benchmark U.S. 10-year Treasury yields pulled...

Global Market Report – 14 Oct 2021

Gold Spot Gold prices hovered near a one-month peak as the dollar and longer-dated Treasury yields retreated from recent highs following hotter-than-expected U.S. inflation data. U.S. consumer prices increased solidly in September as Americans paid more for food, rent...

Global Market Report – 13 Oct 2021

Gold Spot Gold steadied as investors awaited U.S. inflation data and minutes from the Federal Reserve’s last policy meeting for clues as to when the central bank would start withdrawing its pandemic stimulus. As inflationary pressures mount worldwide, money markets...