Edition:
United Kingdom

Gold Market Report Headlines

PRECIOUS-Gold slips on nervousness over Fed policy outlook

* Gold on course for weekly decline of 1 percent * BNP Paribas revised up it 2016, 2017 gold forecasts * Palladium extends gains to highest since late-October (Updates prices; adds comment, second byline, NEW YORK dateline) By Marcy Nicholson and Veronica Brown NEW YORK/LONDON, July 22 Gold prices fell on Friday, reflecting tension between a global backdrop of easier interest rates and the chance of U.S. monetary policy being tightened before the end of the year.

PRECIOUS-Gold holds on to overnight gains as stocks, dollar retreat

BENGALURU, July 22 Gold held steady on Friday, after rising over one percent in the previous session, as equities fell on weak corporate results and the dollar eased but the metal remained on course for a second straight weekly decline. FUNDAMENTALS * Spot gold edged up 0.1 percent at $1,332.56 an ounce at 0051 GMT. Bullion rose 1.2 percent on Thursday, but was down about 0.4 percent for the week * U.S. gold was up 0.1 percent at $1,332.80 an ounce. * Asian stock

PRECIOUS-Gold climbs above 3-week low as ECB leaves rates unchanged

* ECB sees rates staying low or lower for extended period * BOJ governor rules out use of "helicopter money" * Spot palladium extends gains to highest since late-October * GRAPHIC-2016 asset returns: http://reut.rs/1WAiOSC (Recasts first paragraph, updates prices; adds comment, second byline, NEW YORK dateline) By Marcy Nicholson and Clara Denina NEW YORK/LONDON, July 21 Gold rebounded above a three-week low and rose 1 percent on Thursday, as the dollar fell an

PRECIOUS-Gold recovers after hitting 3-week low; ECB in focus

* ECB rate decision due at 1145 GMT * Palladium hovers below 9-mth high touched on Wednesday (Recasts, updates prices) By Sethuraman N R and Vijaykumar Vedala BENGALURU, July 21 Gold came off a three-week low to trade marginally higher on Thursday as the dollar slipped while investors awaited cues from a European Central Bank policy meeting due later in the day. Spot gold was up 0.1 percent at $1,317.40 an ounce by 0644 GMT. Earlier in the session, it touched a low

PRECIOUS-Gold hits 3-week low as equities rise; ECB in focus

BENGALURU, July 21 Gold hit a three-week low on Thursday, after falling more than 1 percent in the previous session, as equities rose and with investors eyeing a European Central Bank meeting later in the day amid rising expectations rise for a U.S. interest rate hike. FUNDAMENTALS * Spot gold fell 0.3 percent at $1,311.83 an ounce at 0057 GMT. Bullion fell 1.2 percent on Wednesday. * U.S. gold was down 0.6 percent at $1,311.70 an ounce. * Asian shares edged up

PRECIOUS-Gold hits 3-week low on firmer equities, dollar

* Spot gold drops as much as 1.4 pct * Dollar hits over four-month high * Palladium rallies to 9-month top (Updates prices; adds comment, byline, NEW YORK dateline) By Marcy Nicholson and Clara Denina NEW YORK/LONDON, July 20 Gold fell to its lowest level in three weeks on Wednesday as equities rose and the dollar hit a four-month high following strong U.S. economic data, which raised expectations the Federal Reserve may hike interest rates before the end of the ye

PRECIOUS-Gold falls as dollar firms after robust U.S. data

* Dollar hits over four-month high * Palladium hovers below eight-month high hit on Tuesday (Adds quotes, updates prices) By Sethuraman N R and Vijaykumar Vedala BENGALURU, July 20 Gold fell on Wednesday finding little impetus from easing equities as the dollar rose to a four-month high on the back of better-than-expected U.S. housing data. The dollar firmed on Wednesday, as strong U.S. data and rising expectations that the Bank of Japan will muster additional easi

PRECIOUS-Gold steady as rally in equities loses steam

BENGALURU, July 20 Gold was little changed in Asian trade on Wednesday, as bullion gleaned little impetus from weaker equities as the dollar rose to a four-month high on the back of better than expected U.S. housing data. FUNDAMENTALS * Spot gold was up 0.1 percent at $1,332.87 an ounce at 0056 GMT. It closed at $1,331.73 on Tuesday. * U.S. gold was up 0.1 percent at $1,333.30 an ounce. * Gold has risen over 25 percent this year, hitting its highest since March 2

PRECIOUS-Gold cuts gains on dollar strength after U.S. data

* U.S. housing start ups more than expected in June * Palladium climbs to 8-1/2-month peak * Silver down for fourth consecutive session (Updates prices; adds comment, second byline, NEW YORK dateline) By Marcy Nicholson and Clara Denina NEW YORK/LONDON, July 19 Gold cut some earlier gains on Tuesday, as the dollar hit a four-month high after data showed a surge in U.S. housing starts in June, although weaker equities provided support. U.S. homes surged 4.8 perc

PRECIOUS-Gold holds on to overnight losses as risk-on mood drags

* Wall Street rally to record highs, drags on gold * Silver down for fourth consecutive session (updates prices) By Sethuraman N R and Vijaykumar Vedala BENGALURU, July 19 Gold was mostly unchanged on Tuesday, holding on to its losses from the previous session as a pickup in investor appetite for risky assets capped demand for the precious metal. Gold shed almost a percent on Monday, when stock markets in the United States logged record highs amid hopes that a decli

« Previous Page Next Page »