BENGALURU A depreciating rupee pushed export prices of rice from India to their lowest in seven weeks on Thursday despite healthy demand from African countries, while lower purchases from Philippines weighed on rates for the Vietnamese grain.
* Spot gold remains neutral in $1,412-$1,427/oz range
July 26 Gold firmed on Friday, having shed 1% in
the previous session on robust U.S. jobs data, with investors
awaiting further economic readings from Washington that could
drive sentiment going into next week's Federal Reserve meeting.
* ECB decision at 1145 GMT, Draghi speaks at 1230 GMT
July 24 Gold prices rose on Wednesday on
expectations of monetary policy easing from leading central
banks to shore up the global economy, though a stronger dollar
Gold inched down on Tuesday to its lowest level in a week as a robust dollar offset weak U.S. economic data, and investors awaited clearer signals on the Federal Reserve's trajectory for interest rates.
* Market eyes Fed policy meeting on July 30-31
* Gold narrows losses slightly after Boris Johnson's
July 22 Gold steadied on Monday, having slid 1%
in the previous session on lowered expectations of a big
interest rate cut by the U.S. Federal Reserve, but the metal's
overall momentum remained supported by global geopolitical
July 18 Gold fell on Thursday as investors
booked profits after the metal hit a two-week high earlier in
the session on increased expectations of a dovish monetary
policy stance from the U.S. Federal Reserve.