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Gold price falls 1% amid rising global yields, dollar

me-metals: Gold prices fell by 1% on Monday amid an increase in global bond yields and continued strength in the dollar, as traders weighed prospects for US interest rate cuts.

Eleven Minutes ago

32 years for Iran...

me-metals: Happy 32nd anniversary of the opening of Mobarakeh Steel Company (MSC) to everyone.

twenty-two Hours ago

Gold price rises for fourth straight day with US payrolls in focus

me-metals: Gold rose for a fourth day as traders waited for the release of US payroll figures that’ll help to shape the outlook for Federal Reserve policy this year.

Two Days ago

Goldman pushes back $3,000 gold forecast on fewer US rate cuts

me-metals: Goldman Sachs Group Inc. said it no longer sees gold reaching $3,000 an ounce by the end of the year, pushing the forecast to mid-2026 on expectations the Federal Reserve will make fewer rate...

Six Days ago

Gold price declines as traders await key US economic data

me-metals: Gold erased gains as traders geared up for US economic data that may help them assess the outlook for interest rates in the year ahead.

Nine Days ago

Gold advances after 27% annual gain as traders eye US rate path

me-metals: Gold climbed after notching its biggest annual gain since 2010, with the metal viewed as a haven asset benefiting as a risk-off mood swept through broader markets.

Eleven Days ago

Gold heads for biggest gain since 2010 in mixed year for metals

me-metals: Gold is heading for its biggest gain in 14 years, with a 27% advance fueled by US monetary easing, sustained geopolitical risks and a wave of purchases by central banks.

Twelve Days ago

China’s November net gold imports via Hong Kong hit seven-month high

me-metals: China’s net gold imports via Hong Kong in November more than doubled from October, marking the highest level in seven months, Hong Kong Census and Statistics Department data showed on Monday.

Thirteen Days ago

Iran Alloy Steel Company intends to purchase 600 tons of Low-Carbon Ferrochromium

me-metals: Please be informed that "Iran Alloy Steel Company" intends to purchase 600 tons of Low-Carbon Ferrochromium through public tender.

Fifteen Days ago

Gold price under pressure from high US bond yields in holiday trading week

me-metals: Gold prices slipped on Friday as elevated US Treasury yields dimmed non-yielding bullion’s allure in a holiday-thinned week, with markets focused on President-elect Donald Trump’s return to...

Sixteen Days ago