Sybilla Gross

Gold held a decline as comments from Federal Reserve officials over the weekend reinforced the view the US central bank will take a more cautious approach to cutting interest rates this year.

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 cuts.

Gold was steady as traders weighed risks to global trade under the incoming US administration, with President-elect Donald Trump denying a report he might moderate plans for across-the-board tariffs.

China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.

(Bloomberg) -- Gold edged higher on dollar weakness as traders weighed risks to global trade after President-elect Donald Trump denied a report he might moderate plans for across-the-board tariffs.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeCan American Drivers Learn to Love Roundabouts?Don’t Shrink the BusIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing Takes Effect After Years of DelaysBullion traded near $2,640 an ounce, aft

Gold held an advance as President Donald Trump held off from imposing sweeping trade tariffs against China and other nations on his first day in office, which hurt the US dollar.

Gold climbed to its highest intraday level since early November, with traders monitoring the outlook for the global economy as President Donald Trump continued to sketch out his views on trade and immigration policies.

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Gold held near the highest level since October, as traders considered the impact President Donald Trump's latest tariff threats against China and the European Union could have on the global economy.

Gold held near the highest since October as traders weighed President Donald Trump’s latest tariff threat against Europe, along with his vow to push for more interest-rate cuts.