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Gold Market Report Headlines

PRECIOUS-Gold at highest since May 1 on political uncertainty, dollar

Gold hit its highest in nearly four weeks on Friday in response to a weaker dollar and political uncertainty that led investors to shun riskier assets in favour of bullion. "We have had the political noise coming from Trump and the U.S. administration and there is a certain element of uncertainty in the markets in gener

PRECIOUS-Gold rises as Asian stocks, dollar slip after oil slump

Gold hit a more than one-week high on Friday, as the dollar retreated and Asian stocks slipped with investors shying away from riskier assets following a tumble in oil prices. Oil prices edged up but markets remained on the back foot following a 5 percent slump in the previous session af

PRECIOUS-Gold dips as dollar steadies after oil price slump

Gold edged lower early Friday as the dollar steadied due to weakness in commodity currencies after an extension of output curbs by OPEC and other producing nations left investors hoping for bigger cuts disappointed. FUNDAMENTALS * Spot gold was down 0.2 percent at $1,253.10 per ounce by 0110 GMT. The yellow metal was poised to dip 0.1 percent for the week. * U.S. gold futures slipped 0.2 percent to $1,254.2 an ounce. * The

PRECIOUS-Gold steady as dollar slips on Fed minutes

Gold held steady on Thursday to keep most of its gains from the previous session, with the dollar slipping after minutes of the U.S. Federal Reserve's last policy meeting dampened hopes for an aggressive string of interest rate hikes. FUNDAMENTALS * Spot gold was down 0.1 percent at $1,256.61 per ounce by 0053 GMT. It rose about 0.6 percent on Wednesday. * U.S. gold futures were up 0.3 percent at $1,256.8 an ounce. * Fed policymakers ag

PRECIOUS-Gold steadies above $1,250/oz ahead of Fed minutes

Gold steadied just above $1,250 an ounce on Wednesday, taking a breather after the previous day's fall as investors awaited minutes of the Federal Reserve's latest meeting for clues on the outlook for U.S. interest rates. The metal is highly sensit

PRECIOUS-Gold stays firm, Fed policy minutes in focus

Gold held steady on Wednesday, after slipping in the previous session, as investors awaited cues on the U.S. Federal Reserve's rate hike stance from the minutes of its last meeting due later in the day. Federal funds futures suggested traders saw about a 79 percent chance th

PRECIOUS-Gold firm as market awaits Fed policy cues

Gold held steady early on Wednesday, after falling 0.7 percent in the previous session, as investors waited for cues on the U.S. Federal Reserve's rate hike stance from minutes of the central bank's latest meeting, due later in the day. FUNDAMENTALS * Spot gold was up 0.1 percent at $1,252.32 per ounce by 0057 GMT. * U.S. gold futures shed 0.3 percent at $1,252.1 an ounce. * The dollar held firm early on Wednesday, having rebounded