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Gold Prices Hits 7-Week Low Ahead of Fed Rate Hike Prospects Boost Dollar

Gold futures prices added to overnight losses on Wednesday, falling to a seven-week low as investors expectations of an early interest rate hike by the U.S. 329 more words

Commodity

Gold Prices Holds Near 1-Month Low on Stronger dollar; Fed Rate Hike Prospects

Gold futures prices sank to a 1-month low trade on Tuesday, extending overnight losses, as the US dollar edged higher as expectations rose that the Fed’s will hike interest rates near by June month, but prices came off their lows as late-day short-covering entered the market. 282 more words

Commodity

Gold Prices Near Three-Week Lows on Fed Summer Rate Views

Gold futures prices struggled near three-week lows on Monday trade, adding to on growing expectations that the U.S. Federal Reserve will hike interest rates by the early as June. 316 more words

Commodity

Gold Futures Prices Set For Biggest Weekly Drop In 2-Months

Gold futures prices held steady on Friday, hovering close to a 3-week trough on growing expectations of an increase in U.S. interest rates as soon as next month. 219 more words

Commodity

Gold Prices Near 3-Week Low On Surging Fed June Rate Hike Hopes

Gold futures prices was trading near a 3-week low on Thursday, adding to overnight losses, after minutes from a Fed’s policy meeting signalled the US central bank could a rate hike could come in June, boosting the dollar. 329 more words

Commodity

Gold Prices Slips on Dollar Fears After Fed Rate Rise Expectations

Prices of US gold futures down almost one percent on Wednesday after posting modest gains during the night, as the dollar hit a 3-week high after strong economic data of the US and the minutes of the policy meeting April Federal Reserve, thought it might be tougher than statement. 243 more words

Commodity

Walmart continues to block Apple Pay, rolls out antiquated QR code-based 'Walmart Pay'

”QR code-based payments have their benefits like tying debit and credit card transactions to store reward cards and saving receipts in one step, but they still don’t beat the convenience of NFC-based methods like Apple Pay which are less finicky and more secure,” Zac Hall reports for 9to5Mac. 406 more words

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