June 17 Gold prices slipped further on Monday
after sliding from a more-than-14-month high the previous
session on upbeat U.S. economic data that dampened expectations
the Federal Reserve could ease interest rates.
* Platinum dips to over 2-wk low of $787/oz
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Gold prices retreated on Friday as upbeat U.S. retail sales somewhat eased fears that the economy was slowing down in the second quarter.
* Gold hit over 14-month high of $1,358.04/oz earlier in
* SPDR Gold holdings down slightly to 756.18 tonnes on
Gold prices gained momentum on Wednesday as the dollar dipped on speculation the U.S. central bank would cut interest rates this year amid concerns about waning global economic growth.
* GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl
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June 10 Gold prices dropped more than 1% on
Monday, slipping from a 14-month peak, after U.S. President
Donald Trump's decision not to impose trade tariffs on Mexico
spurred risk sentiment and lifted the dollar from recent lows.
Brent crude prices are likely to hold near $70 a barrel in the remainder of the year as elevated supply risks in the Middle East offset risks to demand from the U.S.-China trade spat, a Reuters survey showed on Friday.
Oil prices are likely to stay buoyant this year as the U.S. decision to end waivers on Iranian oil and OPEC output curbs are expected to keep supply tight, a Reuters survey showed on Tuesday.