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Gold Dec 23 (GC=F)

COMEX - COMEX Delayed Price. Currency in USD
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1,925.60-11.00 (-0.57%)
As of 10:35AM EDT. Market open.
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Pre. SettlementN/A
Settlement date2023-12-27
Last price1,936.60
Day's range1,923.00 - 1,935.50
  • The Telegraph

    Some see gold as an inert, useless lump; we see it as insurance against central banks’ mistakes

    A number of major economic trends are working against the price of gold right now, although it is holding firm above the $1,900 an ounce mark. Better still, East Africa-based producer Shanta Gold is on track to meet its targets for both production and “all-in sustained cost” (AISC) for 2023 as the company’s New Luika mine increases its output and the Singida site starts to produce on schedule.


    Gold prices creep lower as dollar, yields surge on hawkish Fedspeak Gold prices fell in Asian trade on Tuesday, facing consistent pressure from a stronger dollar and higher Treasury yields as Federal Reserve officials reiterated the bank’s outlook for higher interest rates.


    Gold futures edge away from mid-$1,900 as dollar spikes Gold futures fell Monday, edging away from mid-$1,900 levels, as the dollar hit 10-month highs in response to the Federal Reserve’s warning last week that U.S. interest rates will remain higher for longer.