News list for " 747.70 USD"

Institutions: Gold's decline may reflect some degree of profit-taking

U.S. gold futures fell 0.4 percent to $2,747.70 an ounce after gold hit a new record of $2772.60 an ounce in early trading. Market watchers said the decline may reflect some degree of profit-taking. SP Angel analysts said in a note that the earlier rise in gold prices was related to the continued selling of U.S. Treasuries. The BRICS summit is also in the spotlight, and ongoing de-dollarization talks will further boost gold prices. SP Angel said fund managers increased their bullish positions in...

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2024-10-23 17:42:39
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