Attractive U.S yields add pressure on Nigerian naira
Rising U.S. yields bolstered the dollar index while adding pressure on inflation-prone currencies like the Nigerian naira.
Tag: U.S. Treasury yields
Gold set to end the week bullish
Gold is bullish today and is on track to end the week with its third consecutive weekly gain. The rally ...
Gold post first weekly gains in four amid soaring U.S Treasury yields
It was the first positive week for the yellow metal after three prior weeks of losses that left buyers of ...
Gold breaks below $1,800 per ounce, amid rising U.S Treasury yields
At the time of writing this report, the blinky metal at the futures market was trading at $1,796.40 per ounce.
Gold prices suffer worst week in four months
Recent price actions reveal it was their lowest since November 30, 2020, as gold prices have plunged by 3% in ...
Traders go short on U.S dollar over higher claims of U.S unemployment benefits
The drop is speculated to have been caused by the high number of Americans who claimed unemployment benefits.
Gold prices drops far below $2,000 on strong US dollar
Gold traders pull backed from Gold as the U.S dollar gained bullish momentum on Thursday morning.
Gold prices suffers its worst week plunge since March
Gold prices lost about 4.5% in value this week after hitting a record peak of $2,072.50 on August 7.
