-
Gold and silver extend gains on softer US dollar
Gold and silver extended gains on Monday (Feb 9) as the US dollar weakened, while investors awaited a key US labour market report due later in the week to gauge the interest rate trajectory. Spot gold rose 1.4 per cent to US$5,029.09 per ounce by 8.37 am after a near 4 per cent climb on Friday. US gold futures for April delivery gained 1.4 per cent to US$5,051 per ounce. Spot silver was up 2.5 per cent after a 10 per cent gain in the previous session. The US dollar was at its lowest level since Feb 4, making greenback-priced metals cheaper for overseas buyers. Asian stock markets leapt higher as a resounding win for ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Gold prices rose on Monday, buoyed by a softer dollar as investors braced for a week packed with U.S. economic data that could offer more clues on the U.S. Federal Reserve's monetary policy. Spot gold rose 2.1% to $5,063.88 per ounce by 11:12 a.m. ET (1612 GMT), extending a 4% rally from Friday. U.S. gold futures for April delivery also gained 2.2% to ...
From msn.com | Feb 8, 2026
Both gold and silver prices saw a sharp rebound on Monday, February 9, after witnessing an exceptionally volatile week. Spot gold prices advanced nearly 1.18% to $5,040 an ounce, while spot silver prices surged as much as 3.39% to $79.89 during the Asian trading hours on Monday. However, gold prices are still 11.27% below the record high of $5,608.35, and ...
From investopedia.com | Feb 8, 2026
As the upcoming Winter Olympic Games Milano Cortina 2026 approaches, attention naturally shifts to records, rivalries, and the prestige of making it to the podium. But after the celebrations end, a practical question always resurfaces: What are those medals actually worth? The answer depends on how you define “worth.” There’s the literal value of the metal, ...
