Copper $ 5.8395 / lb 2.81%
Brent Crude Oil $ 60.64 / bbl -2.74%
Palladium $ 2023.3 / ozt 9.99%
Crude Oil $ 56.74 / bbl -2.76%
Natural Gas $ 4.366 / Btu 4.05%
Silver Futures $ 77.196 / ozt 6.15%
Aluminum Futures $ 2964.5 / ton -0.20%
Micro Gold Futures $ 4585.7 / ozt 1.12%
Micro Silver Futures $ 77.196 / ozt 6.74%
Platinum $ 2471.4 / ozt 7.77%
Gold Futures $ 4552.7 / ozt 0.65%
Go to MDC Markets

Gold price retreats as dollar rally dims precious metals appeal

Staff Writer | May 12, 2022 | 9:13 am Markets USA Gold Palladium Silver 

Gold, along with other precious metals, retreated on Thursday as investors' attention turned to the accelerating dollar, driven by bets that the US Federal Reserve will stick to aggressive rate hikes. Spot gold fell 1.0% to $1,834.30 per ounce by...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now