Gold reclaims $1,500 mark as focus turns to Fed

Canada News News

Gold reclaims $1,500 mark as focus turns to Fed
Canada Latest News,Canada Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Gold prices recovered to over $1,500 an ounce on Tuesday, following the previous...

- Gold prices recovered to over $1,500 an ounce on Tuesday, following the previous session’s steep fall, as focus turned to U.S. Federal Reserve policy statements and growth concerns. Spot gold was up 0.4% to $1,501.50 per ounce by 0927 GMT, after falling to a near one-week low of $1,492.10 on Monday. U.S. gold futures gained 0.1% to $1,513.40.

The shift in sentiment for riskier assets saw gold shedding more than 1.2% on Monday, its biggest daily percentage decline in a month. However, prices have risen nearly 17% this year and more than $80 so far this month.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Duane Allman’s ‘Layla’ Guitar Sells for $1 Million at AuctionDuane Allman’s ‘Layla’ Guitar Sells for $1 Million at Auction1957 Gibson Les Paul Goldtop also featured on Allman Brothers’ 1969 self-titled debut LP and 1970’s Idlewild South
Read more »

My Tiny Gold Hoop Earrings Are $20 and Meant for Newborn BabiesMy Tiny Gold Hoop Earrings Are $20 and Meant for Newborn Babies'Their sole purpose was to fill the hole (I hate the way a pierced ear with no earring in it looks) and they performed the job perfectly'
Read more »

Cramer's lightning round: Everyone should put 10% of their money in goldCramer's lightning round: Everyone should put 10% of their money in gold'Mad Money' host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
Read more »

The $1 billion-hop across the pond and the other airline routes that make the most moneyThe $1 billion-hop across the pond and the other airline routes that make the most moneyBusiness-traveler heavy routes like trans-Atlantic and transcontinental flights bring in the most revenue for airlines, which are racing to add more premium seats aboard their planes.
Read more »

Gold steady after slide below key $1,500 levelGold steady after slide below key $1,500 levelGold prices were flat on Tuesday, after declining more than 1% in the previous s...
Read more »



Render Time: 2025-03-10 04:59:39