• Gold fell on Friday as the dollar regained momentum and an improvement in risk sentiment lifted stock markets in Europe, denting bullion's appeal.
Spot gold was 0.3 percent lower at $1,222.54 per ounce. U.S. gold futures for December delivery fell 0.4 percent to $1,223 per ounce.
• "It's really the dollar's move... If gold breaks below $1,220, prices can quickly go to $1,200," said Dawei Hou, precious metals trader at MKS SA.
Still, the gold market continued to be relatively quiet...
Wall Street and Main Street are bullish on the near-term direction of gold prices, based on the weekly Kitco News gold survey.
Sixteen market professionals took part in the Wall Street survey. Eight respondents, or 50%, predicted higher prices by next Friday. There were three votes, or 19%, for lower, while five respondents, or 31%, called for sideways.
Meanwhile, 524 people responded to an online Main Street poll. A total of 310 respondents, or 59%, called for gold to rise. Another 122, or 23%...
• Gold prices were steady on Monday, capped by headwinds from a firm dollar, while investors looked to the Group of 20 (G20) meeting this week for signs of a thaw in the China-US trade conflict.
Spot gold inched 0.1% higher to $1,223.31/oz by 4.15am GMT. US gold futures were up about 0.1% at $1,223.80/oz.
• “People are moving some of their capital into gold at this point of time, given the uncertainties around the pace of rate hikes by the Fed, the US-China trade war.… People see...
·
Gold prices crept higher on Thursday towards a two-week peak scaled in the previous session, helped by an easing dollar and as investors sought refuge from weakness in financial markets on economic growth concerns.
·
Spot gold was up
0.1
percent at
$1,227.20
an ounce at
1042
GMT, though moves were contained by the U.S. Thanksgiving holiday. Prices on Wednesday had peaked at
$1,230.07
, the highest level since Nov.
7.
·
U.S. gold futures were flat at ...
·
Gold prices inched up on Friday, set to rise for the second straight week, on safe-haven demand for the metal ahead of the G
20
summit next week where the leaders of the United States and China are set to discuss their trade dispute.
Spot gold was up
0.1
percent at
$1,227.90
per ounce at
0439
GMT. The yellow metal was up around
0.5
percent after a
1
percent gain last week.
U.S. gold futures edged
0.1
percent higher at
$1,228.9
per ounce.
·
President Xi...
• Gold prices rose on Wednesday in subdued trade ahead of a U.S. holiday amid weakness in the dollar.
• Spot gold was up 0.5 percent at $1,226.76 per ounce. U.S. gold futures rose $6.80 to settle at $1,228 per ounce.
• "Gold is tracking the dollar movement," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong, adding "trading is expected to be range-bound at least till Thanksgiving unless something major happens."
• The dollar index, which measures the...
• Gold prices held firm on Thursday after hitting the highest in two weeks in the previous session, with improved risk appetite weighing on the U.S. dollar.
Spot gold was 0.1 percent higher at $1,227.11 per ounce at 0344 GMT. Prices on Wednesday marked their strongest since Nov. 7 at $1,230.07 per ounce.
U.S. gold futures were down 0.2 percent at $1,226.1 per ounce.
• "Weakness in the dollar has supported investor appetite in the gold space," said ANZ analyst Daniel Hynes.
The dollar...
· Gold inched lower on Tuesday, pressured by a slight uptick in the dollar and held a narrow range in light trade ahead of the U.S. Thanksgiving holiday.
· Spot gold was down 0.25 percent at $1,220.95 per ounce, having earlier hit a peak since Nov. 8 at $1,225.88. U.S. gold futures fell $4.10 to settle at $1,221.20.
· "(Trade) is relatively sideways at the moment... gold does not have its own momentum behind it, it is simply responding to external forces rather than any energy and vigour...
·
Gold prices inched up on Wednesday in Asia while the dollar was flat as traders eyed U.S.-China tensions.
Gold futures for December delivery on the
Comex
division of the New York Mercantile
Exchange traded
0.1%
higher at
$1,224.4
a troy ounce by
1:44
AM ET (
06:44
GMT).
·
In a
53-
page report released on Tuesday, U.S. Trade Representative Robert Lighthizer’s office accused China of a state-backed campaign of intellectual property and technology...
• Gold inched up on Monday as the dollar fell, but the metal stayed in a tight range as investors held off on big moves ahead of the U.S. Thanksgiving holiday on Thursday.
• Spot gold was 0.2 percent higher at $1,224.13 per ounce after hitting a one-week high of $1,225.29 in the previous session. U.S. gold futures settled up $2.30, or 0.2 percent, at $1,225.30.
• The dollar fell to two-week lows after Federal Reserve officials' comments about the U.S. economy suggested the central bank may be...
Fifteen market professionals took part in the Wall Street survey. Nine respondents, or
60%
, predicted higher prices by next Friday. There were three votes, or
20%
, for both lower and sideways prices.
Meanwhile,
502
people responded to an online Main Street poll. A total of
311
respondents, or
60%
, called for gold to rise. Another
123
, or
26%
, predicted gold would fall. The remaining
68
voters, or
14%
, see a sideways market.
“I am bullish and looking for $
1
,
250-
ish...
·
Gold prices were steady on Tuesday, after moving in a tight range in holiday-thinned trading, holding above the
1,220
level as the dollar was pressured by weak U.S. economic data and a clouded interest rate outlook.
Spot gold was little changed at
$1,224.45
per ounce at
0735
GMT.
U.S. gold futures were flat at
$1,224.8
per ounce.
·
“The market is very quiet today and appears to be in a holiday mood ahead of the U.S. Thanksgiving,” said Peter Fung,...
·
Gold rose as much as 1 percent on Friday as the dollar fell after U.S. Federal Reserve officials made cautions comments that fed doubt about the outlook for interest rate hikes, while palladium hit a record high driven by worries about short supplies.
·
Spot gold rose 0.7 percent to $1,221.38 an ounce by 2:47 p.m. ET. The session high was the highest since Nov. 8 at $1,225.29. Gold was on track to gain about 1 percent this week.
·
U.S. gold futures gained $8...
• Gold prices were steady on Monday, with the dollar subdued after comments from Federal Reserve officials showing caution over the global economy, prompting traders to reassess the pace of future U.S. interest rate hikes.
Spot gold was little changed at $1,220.70 per ounce at 0417 GMT, having gained about 0.7 percent in the previous session.
U.S. gold futures were down 0.1 percent at $1,222.3 per ounce.
• The possibility that the Fed might hold a neutral outlook beyond 2018, and a slowdown...
·
Gold hit a near one-week peak
on Thursday as investors sought cover from market turmoil after
Britain's long-awaited draft agreement to leave the European
Union was thrown into chaos, helping the metal hold its ground
against a rising dollar.
·
British Prime Minister Theresa May battled to save a draft
divorce deal with the EU after her Brexit secretary and other
ministers quit in protest and eurosceptic lawmakers stepped up
efforts to topple her.
...
·
Gold prices rose on Friday, having hit a one-week high earlier in the session, as investors sought safe-haven assets amid fears of a chaotic departure for Britain from the European Union.
·
U.K. Prime Minister Theresa May's draft Brexit plan ran into dispute after the resignation of key ministers from her government and eurosceptic lawmakers stepped up efforts to topple her, provoking fears the country could crash out of the EU without a divorce deal.
·
"...
·
Gold rose
1
percent on Wednesday, helped investors covered their short positions after the metal held the key
$1,200
level.
Spot gold was up
0.90
percent at
$1,212.20
per ounce. This was the metal's biggest one-day gain in nearly two weeks. Prices had slipped to their lowest since Oct.
11
at
$1,195.90
in the previous session. U.S. gold futures settled up
$8.70
, or
0.72
percent, at
$1,210.10
·
"
The dollar has weakened a little bit and that has helped...
·
Gold prices held steady on Thursday, after rising nearly
1%
in the previous session, as the dollar slipped further from a
16-
month peak hit earlier in the week.
Spot gold was little changed at
$1,211.12/
oz at
4.53
am GMT. US gold futures inched up
0.1%
to
$1,211.7/
oz.
·
“There’s going to be a bid to gold, provided the dollar continues to slide,” said Stephen Innes, Asia-Pacific trading head at Oanda in Singapore.
The dollar index , which...
• Gold shook off earlier losses to move back above the key $US1,200-per-ounce level, benefiting from a slight retreat in the dollar after a rally driven by the US interest rate outlook and Brexit talks.
• Spot gold edged up 0.1 per cent at $US1,201.15 per ounce, having earlier touched its lowest since October 11 at $US1,195.90.
• US gold futures settled $US2.10 lower, or 0.17 per cent, at $US1,201.40.
• Bullion rose on Tuesday after seven consecutive losing sessions, supported by limited buying...
Wall Street changed its near-term outlook on gold prices and now looks for the metal to continue to decline on an expectation for more U.S. rate hikes, although Main Street still leans bullish, according to the weekly Kitco News gold survey.
Twenty market professionals took part in the Wall Street survey. Twelve respondents, or 60%, predicted lower prices by next Friday. There were four votes each, or 20%, for higher and sideways.
Meanwhile, 370 people responded to an online Main Street poll. A total...