• Gold rose on Friday as the dollar faltered after softer-than-expected U.S. inflation data dimmed the case for a faster pace of policy tightening by the U.S. Federal Reserve, amid signs of movement in the Sino-U.S. trade standoff. Spot gold was up 0.5 percent at $1,206.10 an ounce as of 0643 GMT, after having hit its highest since Aug. 28 at $1,212.65 on Thursday. It has gained 0.9 percent so far this week, on track for its first weekly gain in three. U.S. gold futures were up 0.3 percent...

  • Gold turned positive on Wednesday as the U.S. dollar weakened against a basket of major currencies after hopes grew of concessions by Canada that would resolve disputes over reworking the North American Free Trade Agreement. • Spot gold was up 0.8 percent at $1,206.94 per ounce by 1:37 p.m. EDT (1737 GMT), after hitting its lowest since Aug. 24 at $1,187.21 on Tuesday. U.S. gold futures for December delivery settled up $8.70, or 0.7 percent, at $1,210.90 per ounce. • The U.S. dollar index...

  • Gold prices on Thursday held steady near a more than one-week high hit in the previous session, with hopes for a new round of U.S.-China trade talks weighing on the dollar. Spot gold was firm at $1,205.16 an ounce at 0317 GMT, after hitting its highest since Aug. 31 at $1,208.48 on Wednesday. Bullion gained 0.7 percent in the previous session, its biggest one-day rise since Aug. 24. U.S. gold futures were also mostly steady at $1,210.50 an ounce. • Senior U.S. officials sent an invitation...

  • Gold turned positive on Tuesday as investors bought when it approached $1,200 per ounce. But bullion remained under pressure after hitting a two-week low and the dollar resumed its ascent amid broad risk-off sentiment, looming U.S. interest rate rises and prospects for escalating U.S.-China trade tensions. • Silver also succumbed to the market pressures, hitting a 2-1/2 year low. • Investors began purchasing more gold as it crept toward the psychologically-important $1,200 level, said Phil...

  • Gold prices edged lower on Wednesday as a key technical resistance acted as a deterrent for the metal and the yuan weakened against the dollar on fears the U.S.-China trade war could escalate. Spot gold was down 0.3 percent at $1,194.08 an ounce at 0406 GMT, after hitting its lowest since Aug. 24 at $1,187.21 on Tuesday. U.S. gold futures were down 0.3 percent at $1,198.90 an ounce. • “There is some selling pressure on the renminbi, which is affecting gold. Also, people are reluctant...

  • Gold prices inched higher as hopes of a swift Brexit deal boosted the sterling and the euro against the dollar, making bullion cheaper for buyers in Britain and the euro zone. • Michel Barnier, the European Union’s chief negotiator, said an agreement on Britain’s exit from the bloc was “realistic in six to eight weeks.” • Spot gold gained 0.1 percent at $1,195.91 per ounce by 1:41 p.m. EDT (1741 GMT), while U.S. gold futures December delivery settled down 60 cents, or 0...

  • Gold prices held steady during Asian trade on Tuesday as investors remained on the sidelines amid expectations of a U.S. interest rate hike this month and on fears of an escalation in the Sino-U.S. trade war. Spot gold was mostly unchanged at $1,195.79 an ounce at 0654 GMT. U.S. gold futures rose 0.1 percent to $1,201.60. • Strong U.S. payrolls data last week cemented expectations that the U.S. Federal Reserve will raise interest rates in September, in what would be its third hike this year...

  • Gold fell on Friday as the dollar resumed its rally versus a currency basket after stronger than expected payrolls data cemented expectations of a third interest rate increase in September this year. • U.S. job growth accelerated in August, with wages notching up their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration's escalating trade war with China. • The greenback has soared this year on escalating U.S.-Sino trade tensions...

  Gold prices almost mirrored the previous week’s move. It remained in the clutches of a defined range but broke the $1200 mark which may cause some panic again in the bullish camp. The region from where the buying was visible is not yet breached even though $1198 has been broken on the chart. The discomforting factor apart from the break of $1200 is the formation of Lower highs and Lower lows which does not emit good vibes for the prices going ahead. The saving grace for the metal maybe the...

  Washington is going to lose the ability to get anything done if the Democrats seize control of the House during the midterms, and the situation on trade will only get worse, not better, according to businessman and trade expert Steven Okun. "The midterms aren't going to change anything. If anything, it's going to get worse after the midterms, because you have now for example the (North American Free Trade Agreement) negotiations," Okun, senior advisor at McLarty Associates and board...

  • Gold fell for a second straight session on Monday as expectations of an interest rate hike by the U.S. Federal Reserve in September and fears of an escalation in U.S.-China trade tensions kept the dollar firm. Spot gold was down 0.2 percent at $1,193.15 as of 0655 GMT, having declined 0.4 percent in the previous session. U.S. gold futures fell 0.2 percent to $1,198.60 an ounce. • “The strong U.S. nonfarm payrolls led to some modest downward pressure on gold ... Going forward though...

  ·           Gold clawed higher on Thursday, propelled by a weaker dollar, short-covering and physical buying in Asia.  Worries about new U.S. trade tariffs on China cast a cloud over the market, however. ·           “We’re seeing a little bit of a relief rally for the precious metals,” said Chris Gaffney, president of world markets at TIAA Bank. ·           The relief bounce and gold’s strong oversold conditions are leading some investors to short-cover, said Gianclaudio...

  • Gold prices rose on Wednesday from an 11-day low as the U.S. dollar eased from its recent rally. • Gold has fallen 1.5 percent from an Aug. 28 high as currency weakness in emerging markets and concerns over global trade disputes strengthened the dollar, making bullion more expensive for buyers with other currencies. • The greenback slipped on Wednesday after a report that Germany would be ready to accept a less detailed agreement on the UK’s future economic and trade ties with the...

  • Gold inched up on Thursday, supported by physical buying and as the dollar remained under pressure, but a weaker yuan amid worries of looming U.S. tariffs on China capped the metal’s gains. Spot gold was up 0.1 percent at $1,197.38 at 0649 GMT, after rising 0.5 percent in the previous session. U.S. gold futures rose 0.1 percent at $1,202 an ounce. • “A bit of weakness in the U.S. dollar has stabilized some of the selling (in gold) we saw earlier in the week,” ANZ analyst...

  ·           Gold extended gains on Friday as the dollar fell against the yen after a report suggested that U.S. President Donald Trump would next take up trade issues with Japan, while investors feared another round of Sino-U.S. tariffs any moment. Spot gold was up  0.1  percent at  $1,200.88  as of  0645  GMT, after it hit a near one-week high on Thursday at  $1,206.98 , and headed for a third straight session of gains. U.S. gold futures rose  0.2  percent to  $1,206.40  an ounce. ·          ...

  ·           Gold slipped on Tuesday as concerns over an escalating trade war between the United States and China battered emerging market currencies and prompted investors to seek perceived safety in the dollar. ·           The U.S. dollar index rallied as the public comment period on a U.S. proposal for new tariffs on Chinese goods is set to end on Thursday, after which Washington can follow through on plans to impose tariffs on $200 billion more of Chinese imports. ·           Emerging...

  GOLD TALKING POINTS Gold slips to a fresh weekly-low ($1190)as the ISM Manufacturing survey unexpectedly climbs to 58.5 in August to mark the highest reading since 2004, and recent price action raises the risk for a further decline in the precious metal as it snaps the range-bound price action from the previous week.   GOLD PRICE FORECAST: DOWNSIDE TARGETS BACK ON RADAR AS RANGE SNAPS The rebound from the 2018-low ($1160) unravels as the uptick in business sentiment sparks a bullish reaction in...

  • Gold edged up on Wednesday, after slipping to a more than one-week low in the previous session, as the dollar eased despite concerns of an escalation in the trade conflict between the United States and China. • Spot gold rose 0.2 percent to $1,193.31 at 0355 GMT, after touching a more than one-week low at $1,189.20 on Tuesday. • U.S. gold futures were up 0.1 percent at $1,199.70 an ounce. • “We are in a situation where it is completely a dollar driven trade. Until we get a convincing...

  · Gold prices eased slightly on Monday as the dollar held near a one-week high on worries over an escalation in trade conflicts between the United States and other countries. · A firmer U.S. currency makes dollar-priced gold more expensive for holders of other currencies, potentially sapping consumption. Safe-haven demand for gold has this year been overshadowed by the metal’s relationship with the greenback. · U.S. President Donald Trump said on Saturday that there was no need to...

  • Gold fell on Monday as the dollar remained firm on worries over intensifying Sino-U.S. trade tensions, especially after an impasse in trade talks between the United States and Canada. • Spot gold was down 0.2 percent to $1,198.43 an ounce at 0708 GMT, after hitting an intra-day low of $1,195.36. U.S. gold futures fell 0.2 percent to $1,204.90 an ounce. • U.S. President Donald Trump has told his aides he is ready to impose tariffs on an additional $200 billion worth of imports from China...