(Bloomberg) — After complaining for years that high valuations were thwarting his stock-buying efforts, Warren Buffett’s Berkshire Hathaway Inc. is back hoovering up other companies’ shares. The conglomerate made roughly $41 billion of net purchases in the first quarter, including a boost to its Chevron Corp. stake that vaulted the investment into Berkshire’s top four […]

Gold (XAUUSD) Price has slipped below $1,890.00 as the US dollar index (DXY) has been strengthened on bolstering expectations of a decent rate hike by the Federal Reserve (Fed). The uncertainty over the announcement of the interest rate decision by the Fed is forcing investors to hide behind the DXY. Fed will certainly increase its interest rate by 50 basis points […]

Gold slipped to a more than two-month trough on Wednesday as the dollar rallied on expectations of aggressive monetary policy tightening by the U.S. Federal Reserve. Spot gold fell 0.8% to $1,890.29 per ounce by 2:06 p.m. ET (1806 GMT), after dropping to $1,881.45, its lowest level since Feb. 24. U.S. gold futures settled down […]

Gold prices lingered close to a 10-week trough on Thursday, hurt by a robust dollar and expectations of faster U.S. rate hikes. Spot gold was up 0.3% at $1,890.90 by 1822 GMT. It hit its lowest level since Feb. 17 at $1,871.81 earlier in the session. U.S. gold futures settled up 0.1% at $1,891.30. “There […]

 Gold prices rallied 1% on Friday after the dollar retreated, but the metal was set to end the month lower on bets of aggressive policy tightening by the U.S. Federal Reserve. Spot gold was up 0.9% at $1,911.14 per ounce by 1752 GMT. However, it was on course to post a decline of 1.4% in […]

 Gold prices rallied 1% on Friday after the dollar retreated, but the metal was set to end the month lower on bets of aggressive policy tightening by the U.S. Federal Reserve. Spot gold was up 0.9% at $1,911.14 per ounce by 1752 GMT. However, it was on course to post a decline of 1.4% in […]

NEW DELHI: Gold prices rose on Friday as economic data from the US increased the appeal of the yellow metal. However, gains were capped by a firm dollar. The American economy unexpectedly shrank in the first quarter of 2022, data from the Bureau of Economic Analysis showed Thursday. Meanwhile, US dollar traded at two-decade highs. […]

New Delhi: Gold in the national capital on Friday jumped Rs 605 to Rs 51,627 per 10 grams in line with rally in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 51,022 per 10 grams. Silver also zoomed by Rs 1,596 to Rs 65,207 per […]

Gold was on a rollercoaster ride this month and ended lower, marking its first such decline in three months in April. Price rose in the early half of the month but lost momentum close to $2,000/oz level and corrected sharply to near $1,870/oz level before moving back close to $19,00/oz level. Gold was on a […]