• MTS Gold Evening News 20170127

    27 Jan 2017 | Gold News



• Gold on Friday held near two-week lows as the dollar strengthened on the new U.S. administration's plans to spur growth, leaving the metal on track to end the week lower for the first time since late December.

• Fears of a resurgence of euro zone inflation are exaggerated, so winding down from stimulus has not been discussed, a top European Central Bank policymaker said on Thursday, even as the bank's top hawks suggested that the exit may be close.

• China's net gold imports via main conduit Hong Kong rose 2.7 percent in December over the previous month, data showed on Thursday.

• Lonmin reported weaker than expected output on Thursday, causing analysts to raise doubts over 2017 production targets.

• Switzerland's gold exports to China surged to their highest on record in December at 158 tonnes, data from the Swiss customs bureau showed on Thursday, nearly triple the level of the same month a year earlier.


Reference: Reuters

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