empty
gr
Υποστήριξη
Άμεσο άνοιγμα λογαριασμού
Πλατφόρμα συναλλαγών
Κατάθεση/Ανάληψη

24.05.202218:06:00UTC+00Gold Settles Higher For 4th Straight Session As Dollar Extends Slide

Gold prices climbed higher on Tuesday, extending gains to a fourth straight session, as the dollar continued to slide, and weak data raised concerns about growth.

A drop in U.S. long-term Treasury yields contributed as well to the yellow metal's uptick.

The dollar slid after European Central Bank President Christine Lagarde said eurozone interest rates will likely be in positive territory by the end of the third quarter, giving the euro a boost.

The dollar index dropped to 101.65, a near one-month low, before recovering slightly to 101.75, still down in negative territory with a loss of more than 0.3%.

Gold futures for June ended higher by $17.60 or about 1% at $1,865.40 an ounce, the highest settlement in about two weeks.

Silver futures for July ended up by $0.340 at $22.063 an ounce, while Copper futures for July settled at $4.3050 per pound, down $0.0405 from the previous close.

Data released by the Commerce Department showed a much steeper than expected drop in new home sales in the month of April.

The report showed new home sales plunged by 16.6% to an annual rate of 591,000 in April after tumbling by 10.5% to a revised rate of 709,000 in March.

Economists had expected new home sales to slump 1.7% to a rate of 750,000 from the 763,000 originally reported for the previous month.

With the much bigger than expected decrease, new home sales dropped to their lowest annual rate since hitting 582,000 in April of 2020.

Δείτε επίσης

Forex News
  • 2025-04-22 09:50:51
    New Zealand Stocks Under Pressure After Wall Street Rout
    2025-04-22 09:50:51
    New Zealand Trade Surplus Doubles in March
    2025-04-22 09:50:51
    New Zealand's Export Surge: March 2025 Sees a Remarkable Increase to $7.59 Billion
    2025-04-22 09:50:51
    New Zealand's Imports Surge Amid Economic Adjustments: March 2025 Data Reveals Rising Trend
    2025-04-22 09:50:51
    New Zealand's Trade Deficit Narrows Slightly in March
    2025-04-22 09:50:51
    New Zealand Trade Balance Surges in March, Exceeding Previous Month's Figures by a Wide Margin
    2025-04-22 09:50:51
    South Korea’s Producer Inflation Slows to 1.3% in March
    2025-04-22 09:50:51
    South Korea's Producer Price Index Stands Still in March, Marking Two Consecutive Months of No Change
    2025-04-22 09:50:51
    South Korea's PPI Declines in March, Signaling Easing Inflationary Pressures
    2025-04-22 09:50:51
    TSX Start Week in the Red
  • 2025-04-22 09:50:51
    Silver Pulls Back on Profit-Taking
    2025-04-22 09:50:51
    Turkey Consumer Confidence Weakens in April
    2025-04-22 09:50:51
    South Africa Leading Index Drops 0.2% MoM
    2025-04-22 09:50:51
    South Africa's Leading Economic Indicators Show Slight Decline in February
    2025-04-22 09:50:51
    Turkey's Consumer Confidence Dips in April: A Sign of Caution Amid Economic Uncertainty
    2025-04-22 09:50:51
    Switzerland Sees Slight Increase in M3 Money Supply for March 2025
    2025-04-22 09:50:51
    Malaysia's FX Reserves See Growth amid Economic Resilience
    2025-04-22 09:50:51
    Copper Climbs Higher on Weaker Dollar
    2025-04-22 09:50:51
    Swedish Jobless Rate Drops to 3-Month Low
    2025-04-22 09:50:51
    Danish Consumer Sentiment Falls to 2-Year Low
  • 2025-04-22 09:50:51
    Morocco Inflation Rate at 3-Month Low of 1.6%
    2025-04-22 09:50:51
    Danish Consumer Confidence Dips Further in April
    2025-04-22 09:50:51
    Sweden's Unemployment Rate Sees Encouraging Drop in March
    2025-04-22 09:50:51
    European Markets Head Lower After Long Break
    2025-04-22 09:50:51
    Japan 10-Year Yield Edges Higher
    2025-04-22 09:50:51
    India Shares Maintain Upside Momentum
    2025-04-22 09:50:51
    New Zealand Shares Close Lower
    2025-04-22 09:50:51
    Palm Oil Snaps Six-Session Losing Streak
    2025-04-22 09:50:51
    Japan's Core CPI Holds Steady at 2.2% for April 2025, Meeting Expectations
    2025-04-22 09:50:51
    Dutch Consumer Mood Falls to 17-Month Low
  • 2025-04-22 09:50:51
    Dutch Consumer Confidence Dips Further, Hits -37.0 in April 2025
    2025-04-22 09:50:51
    US 10-Year Yield Holds Advance
    2025-04-22 09:50:51
    India Slaps 12% Temporary Tariff on Steel Imports
    2025-04-22 09:50:51
    Offshore Yuan Dips as US-China Tensions Rise
    2025-04-22 09:50:51
    Australian Dollar Hits 4-Month High
    2025-04-22 09:50:51
    Kiwi Dollar Climbs to Over 5-Month High
    2025-04-22 09:50:51
    India, US to Hold Key Trade Talks This Week
    2025-04-22 09:50:51
    Yen Supported by Safe-Haven Demand
    2025-04-22 09:50:51
    South Korean Won Slips Ahead of US Trade Talks
    2025-04-22 09:50:51
    PBoC Pushes Yuan Use in Global Trade Amid Rising Tensions
  • 2025-04-22 09:50:51
    China Stocks Mixed Amid Lingering Trade Tensions
    2025-04-22 09:50:51
    Gold Hits Fresh Record
    2025-04-22 09:50:51
    Hong Kong Equities Slip After Wall Street Sell-Off
    2025-04-22 09:50:51
    Dollar Languishes at 3-Year Low
    2025-04-22 09:50:51
    South Korean Shares Edge Higher
    2025-04-22 09:50:51
    US Imposes New Solar Tariffs on Southeast Asian Imports
    2025-04-22 09:50:51
    Oil Gains on Technical Rebound
    2025-04-22 09:50:51
    Australian Shares Slide in Post-Holiday Trading
    2025-04-22 09:50:51
    Japanese Shares Slip on Weak Wall Street Cues
    2025-04-22 09:50:51
    US Futures Steady After Sharp Selloff
  • 2025-04-22 09:50:51
    New Zealand Stocks Under Pressure After Wall Street Rout
    2025-04-22 09:50:51
    New Zealand Trade Surplus Doubles in March
    2025-04-22 09:50:51
    New Zealand's Export Surge: March 2025 Sees a Remarkable Increase to $7.59 Billion
    2025-04-22 09:50:51
    New Zealand's Imports Surge Amid Economic Adjustments: March 2025 Data Reveals Rising Trend
    2025-04-22 09:50:51
    New Zealand's Trade Deficit Narrows Slightly in March
    2025-04-22 09:50:51
    New Zealand Trade Balance Surges in March, Exceeding Previous Month's Figures by a Wide Margin
    2025-04-22 09:50:51
    South Korea’s Producer Inflation Slows to 1.3% in March
    2025-04-22 09:50:51
    South Korea's Producer Price Index Stands Still in March, Marking Two Consecutive Months of No Change
    2025-04-22 09:50:51
    South Korea's PPI Declines in March, Signaling Easing Inflationary Pressures
    2025-04-22 09:50:51
    TSX Start Week in the Red
  • 2025-04-22 09:50:51
    Silver Pulls Back on Profit-Taking
    2025-04-22 09:50:51
    Turkey Consumer Confidence Weakens in April
    2025-04-22 09:50:51
    South Africa Leading Index Drops 0.2% MoM
    2025-04-22 09:50:51
    South Africa's Leading Economic Indicators Show Slight Decline in February
    2025-04-22 09:50:51
    Turkey's Consumer Confidence Dips in April: A Sign of Caution Amid Economic Uncertainty
    2025-04-22 09:50:51
    Switzerland Sees Slight Increase in M3 Money Supply for March 2025
    2025-04-22 09:50:51
    Malaysia's FX Reserves See Growth amid Economic Resilience
    2025-04-22 09:50:51
    Copper Climbs Higher on Weaker Dollar
    2025-04-22 09:50:51
    Swedish Jobless Rate Drops to 3-Month Low
    2025-04-22 09:50:51
    Danish Consumer Sentiment Falls to 2-Year Low


Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.