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Gold Dec 23 (GC=F)
| Pre. Settlement | N/A |
| Settlement date | 2023-12-27 |
| Open | 1,935.10 |
| Bid | 1,925.40 |
| Last price | 1,936.60 |
| Day's range | 1,923.00 - 1,935.50 |
| Volume | |
| Ask | 1,925.50 |
The TelegraphSome 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.
- Investing.com
Gold prices creep lower as dollar, yields surge on hawkish Fedspeak
Investing.com-- 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.
- Investing.com
Gold futures edge away from mid-$1,900 as dollar spikes
Investing.com-- 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.
