· Gold dropped 1 percent on Tuesday to its lowest level of 2019, as a string of robust economic data boosted demand for riskier assets like equities while bullion was further weighed down by gains in the U.S. dollar.
Spot gold was down 0.88 percent to $1,276.25 per ounce as of 3:00 p.m. EDT, having earlier slipped to its lowest since Dec. 27 at $1,272.70.
U.S. gold futures settled 1.1 percent lower at $1,277.20 an ounce.
· “We’re likely to see some more pressure on gold over the...
· Gold prices stayed below the key $1,280 level on Wednesday, near a four-month trough, as better-than-expected economic readings from China lifted Asian shares and sharpened risk appetite, denting the metal’s safe-haven appeal.
Spot gold were up 0.1 percent at $1,277.32 per ounce as of 0513 GMT, after having fallen as much as 1.2 percent to $1,272.70, its lowest since Dec. 27, in the previous session.
U.S. gold futures were up 0.2 percent to $1,278.80 an ounce.
· China’s pace of...
· Gold was little changed on Friday, having declined the most in two weeks in the previous session after strong U.S. economic data, but the metal’s losses were limited by falls in the dollar and Asian equities.
Spot gold was flat at $1,291.93 per ounce as of 0401 GMT, after touching a one-week low on Thursday. U.S. gold futures gained about 0.1 percent to $1,294.60 an ounce.
· “Market is holding tight ahead of the corporate earnings to know whether the economic conditions slowed...
· Gold was little changed on Friday, having declined the most in two weeks in the previous session after strong U.S. economic data, but the metal’s losses were limited by falls in the dollar and Asian equities.
Spot gold was flat at $1,291.93 per ounce as of 0401 GMT, after touching a one-week low on Thursday. U.S. gold futures gained about 0.1 percent to $1,294.60 an ounce.
· “Market is holding tight ahead of the corporate earnings to know whether the economic conditions slowed...
· Gold hit a near two-week high on Wednesday, supported by softer U.S. economic data and as the European Central Bank reinforced an accommodative monetary policy, with focus turning to the minutes from the U.S. Federal Reserve’s March meeting.
· Spot gold was up 0.2 percent at $1,306.88 an ounce, its highest since March 28. U.S. gold futures settled $5.60 higher at $1,313.90.
· The European Central Bank kept its ultra-easy monetary policy unchanged as expected on Wednesday, giving recent...
· Gold edged lower on Thursday, but was trading close to a two-week peak scaled in the last session as dovish U.S. and European central banks fanned concerns on economic slowdown and kept global bond yields and the dollar under pressure.
Spot gold was down 0.2 percent at $1,304.99 per ounce as of 0733 GMT, after touching its highest since March 28 at $1,310.50 in the previous session.
U.S. gold futures were down about 0.4 percent at $1,309.30 an ounce.
· The dollar index was trading near...
· Gold rose to its highest in more than a week on Tuesday as the dollar and equities weakened after the International Monetary Fund cut its global economic growth forecasts for the year, with increased buying by central banks lending further support.
· Spot gold rose 0.5 percent to $1,303.98 per ounce, having hit its highest since March 28 at $1,306.09. U.S. gold futures settled $6.40 higher at $1,308.30.
· “The main reason is the fact that the IMF downgraded global economic growth from...
· Gold prices inched down on Wednesday as the dollar firmed, but the metal remained near a two-week peak hit in the previous session as equities slipped on concerns over global growth and trade tensions between the United States and Europe.
· Spot gold was down 0.1 percent at $1,302.02 per ounce at 0328 GMT, after touching its highest since March 28 at $1,306.09 the session before.
· U.S. gold futures slipped 0.2 percent to $1,306 an ounce.
· While the dollar gained about 0.1 percent against...
· Gold rose 1 percent to briefly breach $1,300 an ounce on Monday, and remained at its highest in more than one week as the dollar slipped and a recent equities rally paused.
Spot gold was up 0.5 percent at $1,297.22 an ounce after rising as much as 1 percent to $1,303.61 per ounce, its highest since March 28.
U.S. gold futures settled $6.30 higher at $1,301.90.
· “There’s a little bit of easing risk appetite, the U.S. dollar is weak and we saw Chinese central bank’s acquisition...
· Gold prices rose on Tuesday, trading close to a more than one-week high touched in the previous session, as the dollar eased after weak U.S. economic data.
Spot gold rose 0.2 percent to $1,299.59 per ounce as of 0354 GMT, after touching its highest since March 28 at $1,303.61 in the previous session.
U.S. gold futures were up 0.1 percent at $1,303.30 an ounce.
· “The U.S. dollar is subdued and data shows that there is continued buying from central banks,” ANZ analyst Daniel Hynes...
· Gold eased on Thursday, touching a near ten-week low earlier in the session and pressured by a firm dollar on the back of gold-positive U.S. jobs data, while investors awaited clarity on the U.S.-China trade talks.
· Spot gold was down 0.2 percent at $1,287.56 an ounce, having earlier touched its lowest since Jan. 25 at $1,280.59. U.S. gold futures settled $1.00 lower at $1,294.30.
· "Even though we had a favorable backdrop being created by a more dovish U.S. Federal Reserve, gold is...
· Gold slipped on Friday, but was trading above the 10-week low touched in the previous session, as the dollar rose against the yen on signs of progress in the U.S.-China trade dispute and strong U.S. economic data.
Investors are now awaiting the U.S. jobs numbers for more signals on the strength of the economy.
Spot gold slipped 0.3 percent to $1,288.18 per ounce by 0353 GMT, after touching its lowest since Jan. 25 at $1,280.59 in the previous session. The metal was down about 0.3 percent...
· Gold steadied on Wednesday, supported by a dip in the dollar, while gains were capped by a rally in global stocks following reassuring economic data from the United States and China and optimism the two countries would strike a trade deal.
· Spot gold was down 0.14 percent at $1,291.25 per ounce, having touched its lowest level since March 7 at $1,284.76 in the previous session. U.S. gold futures settled $0.10 lower at $1,295.30.
· "Investors are moving into racier equity markets rather...
· Gold gained on Thursday, supported by an easing dollar as investors awaited progress on the ongoing Sino-U.S. trade negotiations after reports showed that both sides were nearing a deal.
Spot gold rose 0.2 percent to $1,291.89 per ounce as of 0332 GMT.
U.S. gold futures firmed 0.1 percent at $1,296.90 an ounce.
· "One of the key issues would be the China-U.S. trade negotiations. There is a lot of optimism around the idea that we will see a peaceful resolution and some agreement really...
· Gold and silver prices are near steady in early-afternoon U.S. trading Tuesday. Gold prices hit a three-week low overnight, while silver fell to a three-month low. A higher U.S. dollar index that is closing in on its for-the-move high scored in March continues to limit buying interest in the precious metals markets. June gold futures were last up $1.20 an ounce at $1,295.70. May Comex silver was last down $0.054 at $15.05 an ounce.
· Asian and European stock indexes were mixed to slightly...
·
Gold prices were steady on Wednesday as a weaker dollar offset pressure on the metal, which recovered from a four-week low in the previous session, while a rally in equities to multi-month highs capped bullion's safe-haven demand.
Spot gold was flat at $1,292.48 per ounce as of 0354 GMT, having touched its lowest level since March 7 at $1,284.76 in the previous session. U.S. gold futures firmed 0.1 percent at $1,296.90 an ounce.
·
"There won't be much movement in gold prices as...
· Gold futures settled lower Monday after upbeat readings on economic activity in China and the U.S. weighed on haven metals while providing a lift to equity markets.
· June gold GCM9, -0.05% finished off $4.30, or 0.3%, at $1,294.20 an ounce. Bullion prices ended last week under pressure, falling back below the $1,300-an-ounce level. On a most-active basis gold ended the quarter with a gain of around 1.1% but well off its February high near $1,348 an ounce.
· The Caixin China manufacturing...
Could A Hard Brexit Trigger A Gold Rally? Keep Watching The Pound, Analysts Say
Hard Brexit or not, the British pound is the key to a potential gold rally in any scenario, according to analysts.
Outlandish scenarios aside, only an extreme Brexit resolution could trigger a significant move in gold prices, analysts told Kitco News on Monday, noting that majority of the scenarios have already been priced in by the markets.
The only thing left could be unexpected U-turn in the British pound, said...
· Gold prices slipped to a more than three-week low on Tuesday as waning global economic slowdown concerns dented the precious metal’s safe-haven appeal and lifted equities to multi-month highs.
Spot gold was down 0.1 percent at $1,286.82 per ounce by 0524 GMT, having touched its lowest since March 7 at $1,284.76 earlier in the session.
U.S. gold futures fell about 0.3 percent to $1,291.
· “Concerns we saw emerge in the past few weeks around economic growth has certainly eased...
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