Gold climbs to six-year high above $1,500, bond yields collapse on trade war fears
5 years, 5 months ago

Gold climbs to six-year high above $1,500, bond yields collapse on trade war fears

CNN  

New York CNN Business — Frazzled investors are rushing to buy gold and government bonds as fears of a global recession, sparked by a trade war, grow more real. The drop in yields is getting scary.” Peter Boockvar, chief investment officer at Bleakley Advisory Group Taken together, the developments suggest that investors and central bankers are bracing for economic and financial trouble. “But it’s certainly not coming from the inflation hedge angle.” The VanEck Vectors Gold Miners ETF rose 3% on Wednesday even as the broader stock market retreated. “The already epic global bond bubble continues to inflate further.” The mad dash to buy bonds has lifted the amount of negative-yielding bonds around the world to a record $15 trillion, according to Bloomberg.

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History of this topic

A bond selloff is rocking the world. You might want to take the other side.
Trending News
3 days, 1 hour ago

A bond selloff is rocking the world. You might want to take the other side.

Live Mint  

Wall Street is really worried about bonds. On Friday, a jobs report that blew past expectations pushed yields on 10-year Treasurys to 4.772%, the highest close since Nov. 1, 2023, and those on 30-year paper to 4.962%. Rather, it might be the result of investors applying a higher discount or “term premium" to hold long-term bonds, estimates by the Federal …

Last Time Bond Yields Surged Like This, Stock Markets Sank
Trending News
1 week ago

Last Time Bond Yields Surged Like This, Stock Markets Sank

Live Mint  

There’s room for stock markets to fall further as bond yields approach levels that have been painful for equities in recent years. The US 10-year Treasury yield climbed to levels just shy of 4.7%, the highest since April after an almost uninterrupted surge of more than one percentage point since mid-September. “Equity/bond yield correlations have turned negative again,” Goldman Sachs …

Gold steady as market awaits more US data
1 week, 1 day ago

Gold steady as market awaits more US data

Live Mint  

Jan 7 - Gold prices held its ground on Tuesday, with investors awaiting more economic data later this week for cues on the Federal Reserve's interest rate trajectory for this year. * The benchmark 10-year Treasury yield hit the highest since May 2024 on Monday and the U.S. dollar was lower after conflicting reports about how aggressive President-elect Donald Trump's …

Gold nudges higher, market awaits US data for economic cues
Trending News
1 week, 6 days ago

Gold nudges higher, market awaits US data for economic cues

Live Mint  

* Bullion rose over 27% in 2024 * Gold likely to remain bullish in 2025 - analyst * Traders expect Fed to proceed cautiously with rate cuts in 2025 By Daksh Grover Jan 2 - Gold prices inched higher on Thursday, continuing its momentum from 2024, while traders sought more clarity on the U.S. Federal Reserve's interest rate trajectory and …

Gold edges up as focus shifts to incoming Trump administration
2 weeks, 2 days ago

Gold edges up as focus shifts to incoming Trump administration

Live Mint  

* Israeli forces ordered residents in Beit Hanoun to leave town * Gold gained over 27% so far this year * Geopolitical tensions to remain key driver for gold prices in 2025 - analyst By Rahul Paswan Dec 30 - Gold prices ticked up on Monday, while investors looked forward to the U.S. Federal Reserve's interest rate outlook and President-elect …

Gold gains on weak dollar, geopolitical turmoil; Fed, Trump’s 2025 policies in focus
2 weeks, 6 days ago

Gold gains on weak dollar, geopolitical turmoil; Fed, Trump’s 2025 policies in focus

Live Mint  

* Hamas and Israel blame each other for ceasefire delay * Gold likely to remain near current levels at year-end - analyst * Bullion has risen by about 27% so far in 2024 By Daksh Grover Dec 26 - Gold gained on Thursday in light holiday trading, boosted by slight weakness in U.S. dollar and geopolitical tensions, as investors eyed …

Gold rises in holiday-truncated week; Fed’s 2025 outlook weighs
3 weeks, 1 day ago

Gold rises in holiday-truncated week; Fed’s 2025 outlook weighs

Live Mint  

By Rahul Paswan - Gold prices edged higher on Tuesday, as investors braced for a less aggressive path of interest rate cuts from the Federal Reserve next year, in a holiday-truncated trading week. While a benign U.S. inflation reading on Friday eased some concerns about the pace of cuts next year, markets are still pricing in just about 35 basis …

US dollar, Fed rate cut to drive gold prices in 2025
1 month ago

US dollar, Fed rate cut to drive gold prices in 2025

Deccan Chronicle  

Chennai: Gold made 40 new record highs y-t-d in 2024 and gold price has increased by more than 28 per cent, outperforming most of the global asset classes, finds World Gold Council. In 2024, gold reached 40 new record highs y-t-d and total gold demand in the third quarter surpassed US$100 billion for the first time. By appreciating 28 per …

Gold drops over 1% on profit-booking, Trump’s Treasury Secretary pick
Trending News
1 month, 3 weeks ago

Gold drops over 1% on profit-booking, Trump’s Treasury Secretary pick

Live Mint  

* Inflation surprise, hawkish US policy may prompt Dec. rate hold- analyst * Market sees 51% chance of 25 bps Fed rate cut in December * Fed’s Nov FOMC meeting minutes, GDP data, core PCE due this week By Daksh Grover Nov 25 - Gold prices dropped over 1% on Monday, weighed down by profit-taking after a five-session rally, with …

Gold near 3-week high on softer US dollar, geopolitical concerns
Trending News
1 month, 3 weeks ago

Gold near 3-week high on softer US dollar, geopolitical concerns

Live Mint  

Nov 25 - Gold prices ticked higher on Monday, nearing a three-week high, supported by a weaker U.S. dollar and safe-haven demand amid rising geopolitical tensions, as investors awaited more data to gauge the U.S. Federal Reserve's policy outlook. * Data on Friday showed that U.S. consumer sentiment ticked up for a fourth straight month in November, led by a …

Gold’s glitter fades: What’s behind the post-Trump slump?
1 month, 4 weeks ago

Gold’s glitter fades: What’s behind the post-Trump slump?

Firstpost  

Gold, long regarded as a safe-haven asset, has experienced a significant downturn following Donald Trump’s victory in the US presidential election. The LBMA benchmark price for gold plunged 8.4 per cent over a fortnight, marking its steepest two-week drop since the COVID-19 market crash in spring 2020, when gold lost 10.9 per cent in just 10 trading days. The dollar’s …

Gold is suddenly not so glittery after Trump’s White House victory
2 months ago

Gold is suddenly not so glittery after Trump’s White House victory

Associated Press  

NEW YORK — After ripping higher for much of this year, the price of gold has suddenly become not so golden since Donald Trump’s victory in the presidential election. That’s even though investors are expecting a Trump White House to drive tax rates lower and tariffs higher. Trump’s preference for lower taxes and higher tariffs is also forcing Wall Street …

US yields post sharp gains as Trump victory triggers caution about deficits
2 months, 1 week ago

US yields post sharp gains as Trump victory triggers caution about deficits

Live Mint  

* Longer-dated US bond yields surge * Trump win seen widening deficits * Tariff plans could also increase inflation * US yield curve hits steepest since late September * Focus shifts to Fed meeting By Gertrude Chavez-Dreyfuss NEW YORK, - U.S. Treasuries fell sharply on Wednesday, propelling yields to multi-month highs as Donald Trump's presidential election victory ignited bets on …

Gold Takes a Breath as US Yields and Dollar Holds Strong
2 months, 3 weeks ago

Gold Takes a Breath as US Yields and Dollar Holds Strong

Live Mint  

Gold takes a breather as US yields and dollar support from growing uncertainties surrounding the US presidential election and the Middle East war. Spot gold remains relatively unchanged at $2,723.25 per ounce, while 10-year Treasury yields rise to a 12-week high. The dollar index gains, making gold more expensive for overseas buyers. The Federal Reserve's interest rate cut combined with …

Gold rate today hits record high of $2,263 on US Fed rate cut buzz, geopolitical tension. Buy, sell or hold?
9 months, 2 weeks ago

Gold rate today hits record high of $2,263 on US Fed rate cut buzz, geopolitical tension. Buy, sell or hold?

Live Mint  

Gold rate today: On account of the fresh escalation of the geopolitical tension in central Asia and the dovish US Fed on interest rates, gold price today climbed to a new lifetime high of $2,263.53 per ounce in the international market. Spot gold price today opened flat at around $2,233 per ounce level but soon gathered upside momentum and touched …

Gold extends gains after Fed rate cut outlook lowers US dollar, yields
1 year, 1 month ago

Gold extends gains after Fed rate cut outlook lowers US dollar, yields

Live Mint  

The gold prices touched a one-week high after the US dollar and Treasury yields plunged in response to the US Federal Reserve's dovish outlook. "We retain a positive outlook for gold, targeting a price of $2,250 per ounce by the end of 2024," UBS analyst Giovanni Staunovo told Reuters. Seventeen of 19 Fed officials projected lower interest rates by end-2024 …

Gold Remains Firm Amid Lower Treasury Yields and Dollar Strength
1 year, 7 months ago

Gold Remains Firm Amid Lower Treasury Yields and Dollar Strength

News 18  

Gold firmed on Wednesday supported by lower Treasury yields but the dollar’s strength, with more interest rate hikes in the offing and optimism about a U.S. debt deal kept bullion on course for its first monthly dip in three. Spot gold was up 0.4% at $1,967.29 per ounce by 1209 EDT on weaker-than-expected Chicago purchasing managers’ index data, before paring …

Global Equities, US Yields Fall Ahead of Debt Ceiling Vote
1 year, 7 months ago

Global Equities, US Yields Fall Ahead of Debt Ceiling Vote

News 18  

Global equities and U.S. Treasury yields were lower on Wednesday as risk-off sentiment dominated markets, with investors focused on a much-anticipated vote in Congress on raising the U.S. debt ceiling. The U.S. dollar rose to a more than two-month high after data showed that job openings unexpectedly rose in April, pointing to persistent strength in the labour market that could …

Gold rises on easing Dollar rally, but concerns remain over rate hikes
1 year, 10 months ago

Gold rises on easing Dollar rally, but concerns remain over rate hikes

India TV News  

Gold prices increased on Monday as the dollar pulled back, despite concerns about further interest rate hikes from the U.S. Federal Reserve that kept bullion close to a two-month low. Although gold prices hit their highest since April 2022 this month, they have since fallen by more than 7% after a slew of U.S. data pointed to a resilient economy. …

Gold prices takes a dip: Investors brace for impact of stronger dollar and hawkish fed
1 year, 10 months ago

Gold prices takes a dip: Investors brace for impact of stronger dollar and hawkish fed

India TV News  

Gold prices today: On the Multi Commodity Exchange, gold futures began trading at Rs. Gold prices have come under pressure in recent weeks, as the strength of the US dollar and the risk of a more hawkish monetary policy stance from the Federal Reserve have led investors to reduce their exposure to the precious metal. At the same time, the …

Gold prices surge, set for best week since mid-November. Here's why
3 years ago

Gold prices surge, set for best week since mid-November. Here's why

Hindustan Times  

Gold prices climbed on Friday, poised for their best week since mid-November, as the dollar weakened after the U.S. Federal Reserve decided to withdraw its pandemic-era stimulus in response to fight to broaden inflationary risks. Gold Bars Spot gold was up 0.2% at $1,802.87 per ounce, as of 0323 GMT, while U.S. gold futures rose 0.3% to $1,802.60. Britain became …

Has gold’s bubble just burst?
4 years, 5 months ago

Has gold’s bubble just burst?

Live Mint  

The spot metal fell 5.7% Tuesday, the sharpest drop in seven years and a remarkable slump for an asset that rarely shifts more than a percentage point in a day. The better explanation is that gold makes up a fairly consistent portion of the world’s portfolio of liquid investments, and much of the recent price spike was just a reversion …

Gold’s luster grows as investors hedge in uncertain times
4 years, 5 months ago

Gold’s luster grows as investors hedge in uncertain times

Associated Press  

Wall Street is in the throes of a gold rush, as investors drive the price of the precious metal to new heights. Several factors are pushing gold higher: Investors are anxious about the pandemic’s ultimate impact on the economy, worried over resurgent tensions between the U.S. and China, and fearful of runaway inflation as spending to cushion the economic fallout …

Gold declines, but near six-year high on rate cut hopes, uncertainties on Sino-US trade talks
5 years, 4 months ago

Gold declines, but near six-year high on rate cut hopes, uncertainties on Sino-US trade talks

Firstpost  

Gold rose more than 1 percent in the previous session as an inversion in the US yield curve and disappointing US economic data rekindled fears of a looming recession. Gold eased on Wednesday, after rising over 1 percent in the previous session on fears of a possible recession, but held close to a more than six-year high on hopes of …

The bond market smells recession as global stress rises
5 years, 5 months ago

The bond market smells recession as global stress rises

Associated Press  

NEW YORK — Compared to the free-swinging and sometimes emotional stock market, the bond market is supposed to be the sober and measured one. The last inversion of this part of the yield curve began in December 2005, two years before the Great Recession tore through the global economy. Some market watchers also say the yield curve may be less …

Bond rally: The bond market is freaking out. Here’s why that matters
5 years, 7 months ago

Bond rally: The bond market is freaking out. Here’s why that matters

CNN  

New York CNN Business — The bond market is once again sending a big fat warning sign about the US economy. Inverted yield curve is often a sign of bad things to come The yield on the 3-month US bond is currently higher than the 10-year, hovering around 2.35%. Yields sliding in rest of the world But bond yields around …

Gold prices rise on Sino-US trade talk optimism; Fed stance on hiking interest rates limits gains
5 years, 10 months ago

Gold prices rise on Sino-US trade talk optimism; Fed stance on hiking interest rates limits gains

Firstpost  

Gold had hit a 10-month high of $1,346.73 on Wednesday, but minutes from the Fed’s January policy meeting indicated there might in fact be a rate hike this year, erasing gains in gold. Gold prices edged higher on Friday as optimism over US-China trade talks pressured the dollar, but signs of the US Federal Reserve raising interest rates again this …

A golden opportunity
6 years ago

A golden opportunity

China Daily  

As global jitters are escalating with economic uncertainty and market volatility, gold looks more attractive. Yet, even at $1,290, gold still remains more than 30% behind its all-time high of $1,898 in September 2011 amid the U.S. debt-limit crisis. Although U.S. dollar has not strengthened as much as anticipated, the Fed’s rising rates have contributed to the fall in gold …

Gold prices set to soar over next 12 months, forecasts Bank of America
6 years, 3 months ago

Gold prices set to soar over next 12 months, forecasts Bank of America

Live Mint  

Singapore: Gold is set to surge over the next year as concerns deepen about the widening U.S. budget deficit and a tariff-driven trade war starts to damage the country’s economy, according to Bank of America Merrill Lynch. Bullion could average $1,350 an ounce in 2019 as corporate tax reforms worsen the U.S. fiscal balance, Francisco Blanch, head of global commodities …

Gold pares losses from 19-month low as US dollar softens on reports of Beijing to hold talks with Washington
6 years, 4 months ago

Gold pares losses from 19-month low as US dollar softens on reports of Beijing to hold talks with Washington

Firstpost  

Spot gold was down 0.2 percent at $1,172.48 an ounce as of 0426 GMT, after earlier falling as much as 1.2 percent to $1,159.96, its lowest since January 2017. Bengaluru: Gold pared heavy early losses that came in the midst of a broad commodity sell-off on Thursday, bouncing off of a 19-month low on short covering and a softer US …

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