·           Gold prices fell on Tuesday as concerns about a further escalation in the U.S.-China trade war boosted the U.S. dollar, eroding bullion's appeal as it tested key technical support. ·           Spot gold was down 0.47 percent to $1,223.61 per ounce, having touched $1,219.37, its lowest since Oct. 18. U.S. gold futures settled at $1,225.30 an ounce. ·           The dollar climbed to a 2-1/2-month high, supported by worries about an escalation of the U.S.-China trade war. ·          ...

  • Gold prices fell to a more than two-week low on Wednesday as Asian stocks gained and the dollar touched multi-month highs on upbeat U.S. economic data. The yellow metal, however, remained on track to end a six-month losing streak, the longest since a period that finished in early 1997. Spot gold was 0.4 percent lower at $1,217.26 an ounce at 0419 GMT, having touched its lowest since Oct. 12 at $1,215.35 earlier in the session. It has risen about 2.4 percent so far in October, the biggest...

• Gold eased on Monday, sliding off a more than three-month peak in the previous session, pressured by a strong dollar and as investors returned to riskier assets following a recent sell-off in global stocks. • Spot gold was down 0.6 percent at $1,225.71 per ounce at 13:34 a.m. ET (1734 GMT). U.S. gold futures settled down $8.20, or 0.7 percent, at 1,227.60. “With the dollar strength we see this morning, it is hard for gold to see any rally,” said Bob Haberkorn, senior market strategist...

  • Gold prices fell on Tuesday as the U.S. dollar firmed on renewed fears of an intensification in the Sino-U.S. trade war and worries over slowing global economic growth. • Investors took cover in the greenback after Bloomberg reported that Washington is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between U.S. President Donald Trump and Chinese President Xi Jinping fail to ease the trade war. A stronger dollar makes bullion more expensive...

• Gold rose on Friday to a more than three-month peak as investors rushed to the safety of bullion as stock markets around the globe plunged, putting the metal on track for its fourth week of gains. • Spot gold rose 0.2 percent to $1,234.35 an ounce, having earlier gained nearly 1 percent to $1,243.32, its highest since mid-July. • U.S. gold futures settled at $1,235.80 per ounce, up $3.40. • Spot gold was on course for a fourth weekly gain, its longest winning streak since January. • "We...

   The gain in gold come as equity markets have dropped this past week significantly. The tech sector appears to be leading the decline as the Nasdaq is seeing its biggest monthly loss since 2008. Meanwhile, the Dow Jones Industrial Average is seeing its worst monthly drop in three years while the S&P 500 is witnessing its worst monthly performance in seven years. “It’s a proper risk-off environment and I wouldn’t be surprised to see further weakness in the near-term,” said Fawad...

   Societe Generale is “cautiously bullish” on gold prices, looking for the metal to average $1,250 an ounce in the fourth quarter and $1,275 in the first quarter and for all of 2019. The bank released an updated forecast Thursday ahead of next week’s gathering of the London Bullion Market Association. The bank said its outlook has not changed materially since the one issued a month ago. As of mid-afternoon on Thursday, spot gold was $5.10 softer to $1,228.10 an ounce. Gold has...

   Wall Street and Main Street look for gold to maintain its upward momentum next week, with the metal currently headed for its fourth straight weekly gain, based on the Kitco News gold survey. “I am bullish for next week,” said Kevin Grady, president of Phoenix Futures and Options, commenting that the metal broke above the 100-day moving average around $1,231 this week. “I am looking to test the 38% Fibonacci retracement at $1,253.10. “We are starting to see some new longs entering the...

  • Gold prices inched down early on Monday to drift away from a more than three-month high hit in the previous session, pressured as the dollar firmed and Asian stocks edged up after setbacks last week. Spot gold was down 0.1 per cent at $1,232.54 an ounce at 0055 GMT. On Friday, it touched its highest since July 17 at $1,243.32. It climbed 0.6 per cent last week in its fourth straight weekly gain, its longest such streak since January. US gold futures were down 0.1 per cent at $1,234.70 an...

• Gold prices fell on Thursday as the dollar rallied and stocks bounced back following a recent sell off, taking steam out of bullion's momentum. • Spot gold XAU= was down 0.3 percent at $1,230.44 an ounce by 12:13 p.m. EDT (1614 GMT). • Prices had risen to $1,239.22 earlier, almost closing in on a more than three-month high of $1,239.68 hit on Tuesday as a global stock market sell-off spurred interest in gold, considered a safer investment. • U.S. gold futures GCcv1 were up 0.2 percent at $1...

  • Gold prices held steady on Friday but remained on track to rise for the fourth straight week, the longest string of weekly gains since January, amid increasing worries over the outlook for U.S. corporate earnings and global economic slowdown. Asian shares slipped again on Friday morning, despite a bounce on Wall Street overnight. Spot gold was little changed at $1,231.76 an ounce at 0416 GMT. It was up 0.5 percent for the week. U.S. gold futures were up 0.2 percent at $1,234.60 an ounce...

·           Gold eased on Wednesday as the dollar firmed and speculators locked in profits from a more than three-month peak hit in the previous session. ·           Losses were modest, however, as gold got support from investors looking for insurance from potential further downside in stock markets after five days in the red. ·           Spot gold was down  0.2  percent at  $1,228.06  an ounce at  1257  GMT. U.S. gold futures were down  0.4  percent at  $1,231.10  an ounce. ·           On...

   What's next for gold After hitting yearly lows earlier in the year Gold is now showing signs of a potential medium-term recovery. The yellow metal traded sideways for the most part of the previous 2 months but has now broken outside of its former price range between $1,180 and $1,215 to reach as high as $1,234 last week. Is that a sign of more gains to come? We believe that the odds for Gold to continue moving higher are mounting and there are a few reasons to support this case, both from a fundamental...

  ·           Gold prices rose on Thursday towards a more than three-month high hit earlier this week, as a selloff in global equities triggered safe-haven bids for the metal amid rising political and economic uncertainties. ·           Asian shares dived as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since  2011 , wiping out all its gains for the year. Spot gold was up  0.3  percent at  $1,237...

• Gold rose by a percentage point overnight to its highest level in over three months as the dollar weakened and global stock markets tumbled, with rising political and economic uncertainties adding to bullion's appeal. • Palladium soared to a record high, bringing the precious metal to within striking distance of achieving parity with gold and with additional support from expected renewed demand from China's automotive sector. • Spot gold was up one per cent at $US1,233.21 an ounce at, having...

  • Gold prices nudged higher on Wednesday after hitting their highest in over three months in the previous session as global political and economic uncertainties bolstered safe-haven demand for the metal. Spot gold was up 0.1 percent at $1,231.81 an ounce at 0420 GMT. On Tuesday, it touched its highest since July 17 at $1,239.68. U.S. gold futures were down 0.2 percent at $1,234.7 an ounce. • "Gold has benefited from general equity weakness, short covering, and rising risk aversion ....

• Gold prices edged up on Friday, the metal's third week of gains as weaker stock markets spurred investors to seek refuge in bullion, which also gained technical momentum after scaling major milestones. Spot gold added 0.14 percent to $1,226.66 per ounce. The metal gained 0.7 percent this week, after hitting a 2-1/2-month high at $1,233.26 on Monday. U.S. gold futures were settled down $1.40 at $1,228.70. • "Gold has done really well to hold up here, given the Fed was really hawkish. Sensitivity...

   Gold futures are heading for their third weekly rise in a row, and Wall Street and Main Street look for the metal to make it four straight next week, based on the Kitco News gold survey. A number of factors underpinned gold this week, including geopolitical tensions between the U.S. and Saudi Arabia after news reports that journalist Jamal Khashoggi disappeared after going into the Saudi consulate in Istanbul on Oct. 2. Italy is butting heads with the European Union as Italian officials push for...

  • Gold prices fell by Rs 52 to Rs 31,685 per 10 grams in futures trade on Monday as participants went for profit-booking at prevailing levels amid a weak trend overseas. In futures trade at the Multi Commodity Exchange, gold for delivery in November shed Rs 52, or 0.16 per cent, at Rs 31,685 per 10 grams in a business turnover of 485 lots. Analysts attributed the fall in gold futures to profit-booking by traders at the existing level and weakness in precious metals in the global market. Globally...

• Gold rose on Thursday as renewed weakness in global stock markets spurred investors to seek refuge in bullion, which has also been helped by an improved technical outlook. • Spot gold rose 0.3 percent to $1,226.11 per ounce at 2:53 p.m. EDT (1853 GMT). U.S. gold futures settled up $2.7, or 0.22 percent, at $1,230.10 an ounce. • "Renewed weakness in equity markets might trigger additional buying in gold," said Alexander Zumpfe, a precious metals trader at Heraeus. "Gold continues...