· Gold gained on Friday en route to its second quarterly rise as the dollar eased on tepid U.S. economic data, while palladium snapped three straight sessions of sharp losses, ending the quarter on a positive note. · Spot gold was up 0.20 percent at $1,292.67 per ounce as of 3:00 p.m. EST. Prices struggled to break past resistance around $1,300 per ounce, a level it had fallen through on Thursday, with momentum capped by rising global equities. · U.S. gold futures settled 0.2 percent higher...

Gold had another big week but this time on the downside abrogating the continued bullish trend by breaking through the support. The $40 week was an eventful one where the gold made a higher high at $1324 but eventually failed to capitalize by falling through $1300 with substantial ease testing the support at $1284-$1286 region credited to a rising dollar on account of better than expected economic data coming from America and continued turbulence in Euro and Pound due to Brexit woes. This signals...

· Gold prices slipped on Monday as upbeat Chinese economic data and signs of progress in Sino-U.S. trade talks eased some concerns about a slowdown in economic growth and boosted appetite for riskier assets. Spot gold was down about 0.2 percent at $1,290.01 per ounce by 0750 GMT, after touching its lowest since March 8 at $1,286.35 on Friday. U.S. gold futures fell 0.3 percent at $1,294.80 an ounce. · Share markets rallied after data showed factory activity in China unexpectedly grew for the...

· The price of gold has tumbled lower and in the process moved back below the $1300 level. The low just reached $1288. We currently trading at $1290., down -1.16% on the day. Looking at the daily chart, the price is below the lower trend line at $1296.50 (closer risk). The 100 day MA rising is down at $1279.40. · Gold prices suffered strong double-digit losses and hit a three-week low today, while the silver market was hammered to a three-month low. The precious metals bulls are fading fast...

· Gold steadied on Friday, but was headed for its worst month since August 2018 predominantly on stronger dollar and equities, while palladium bounced back after three straight sessions of sharp selloffs. Spot gold was flat at $1,290.34 per ounce by 0620 GMT, after declining about 1.5 percent in the previous session, the most in over seven months. The metal is set for its first weekly fall in four and has lost about 1.7 percent this month. But on a quarterly basis, gold is on path for a...

· Palladium slumped 6 percent on Wednesday as investors booked profits after a rally to record highs and slowing global growth cast doubts over demand for the autocatalyst metal, while gold slipped on a stronger dollar. · Palladium fell 6 percent to $1,445 per ounce, the lowest since Feb. 18. The metal had hit a record $1,620.52 last week. · U.S. gold futures settled $4.60 lower at $1,310.40. · "Net longs have stayed steady in palladium for the better part of six months and this surprising...

· Palladium prices fell to a more than five-week low on Thursday, a day after posting their steepest decline in over two years, as concerns about the global economy and a buoyant dollar prompted investors to take profits. Spot palladium fell 0.5 percent to $1,436.26 per ounce at 0541 GMT. Prices tumbled 6.3 percent on Wednesday, marking the biggest one-day percentage fall since January 2017. The metal, used extensively in the making of catalytic converters in vehicles, has already shed about...

· Gold retreated on Tuesday from more than three-week highs in the previous session after the dollar rebounded and risk appetite and bond yields recovered as fears eased about a possible U.S. recession. · Spot gold was down 0.36 percent at $1,316.99 per ounce as of 2:30 p.m. EST, after hitting its highest since Feb. 28 at $1,324.33 on Monday. U.S. gold futures settled down 7.6 percent to $1,315 per ounce. · "The trend of the U.S. dollar has reversed a little bit and at the same time there...

· Gold inched up on Wednesday, after declining the most in nearly two weeks in the previous session, as U.S. recession fears triggered by a sharp decline in U.S. Treasury yields and weak data weighed on the share markets. Spot gold was up 0.1 percent at $1,316.09 per ounce as of 0419 GMT. U.S. gold futures were also up about 0.1 percent at $1,315.70 an ounce. · "Investors are very cautious on Treasury yield curve inversion, which had proven many times as early signal for a recession,"...

· Gold prices rose to a more than three-week high on Monday, helped by a weaker dollar and as worries over global economic growth pushed investors into safe-haven assets. · Spot gold had risen 0.5 percent to $1,320.94 an ounce, after touching its highest since Feb. 28 at $1,321.13. Last week it posted its third consecutive weekly gain, rising about 1 percent. · U.S. gold futures settled $10.30 higher at $1322.60. · "The pullback in the stock markets, the dollar index and benign interest...

· Gold eased on Tuesday, after hitting one-month high in the previous session, as a slight recovery in share markets and U.S. Treasury yields reduced some of the precious metal's safe-haven appeal. Spot gold was down 0.2 percent at $1,319.86 per ounce as of 0426 GMT, after touching its highest since Feb. 28 at $1,324.33 in the previous session. U.S. gold futures were down 0.2 percent at $1,319.80 an ounce. · "Though concerns have gone up, we are not hundred percent sure there is going...

· Gold edged higher on Friday as weak economic data from the euro zone exacerbated fears of a global slowdown, weighing on risk sentiment and putting bullion on track for its best week in nearly two months. · Spot gold was up about 0.2 percent at $1,311.85 per ounce. U.S. gold futures settled $5 higher at $1312.30. · "There is some safe demand that has surfaced," said Jim Wyckoff, senior analyst at Kitco Metals. "The U.S. Federal Reserve suggested U.S. economic growth was slowing...

Gold had another green week with gains of over $12 now comfortably placed above the $1300 level. The week’s bar was again a $20-$22 one which extended on the upside having touched the $1320 mark. A dovish Fed was the main reason behind the upmove which also will remain the biggest catalyst for the price moving forward given there will be no rate hikes in the current year. Key levels got crossed again suggesting more bullishness ahead as growth fears are gripping the global economies hard and...

Seventeen market professionals took part in the Wall Street survey. Twelve participants, or 71%, described themselves as bullish for the week ahead. There were four voters, or 24%, who see sideways prices, while just one respondent, or 6%, called for a retreat. Meanwhile, 572 respondents took part in an online Main Street poll. A total of 387 voters, or 68%, called for gold to rise. Another 127, or 22%, predicted gold would fall. The remaining 58 voters, or 10%, saw a sideways market. “I am...

· Gold rose on Monday as investors’ appetite for riskier assets faded on concerns about a potential U.S. recession and decelerating global growth, increasing appeal for the bullion alongside yen and bonds. Spot gold was up 0.2 percent at $1,315.98 per ounce as of 0610 GMT, while U.S. gold futures gained 0.3 percent to $1,315.70 an ounce. The metal last week posted its third consecutive weekly gain and rose 1 percent, the most since the week ended Feb. 1. · Investors dumped shares...

· Gold prices pared gains on Thursday after hitting three-week highs earlier in the session as a set of better than expected U.S data lifted the dollar, while palladium notched a record peak on supply concerns. Spot gold slipped 0.29 percent to $1,308.46 per ounce, having earlier hit $1,320.22, its highest since Feb. 28. The metal was set to snap five consecutive sessions of gains. · U.S. gold futures settled $5.60 higher at $1307.30. · The number of Americans filing applications for unemployment...

Gold has fallen from 1320 to a low 1303 while DXY bounced from 95.84 to a high of 96.63. The rally in stocks is boosting US dollar demand. For a number of mixed reasons, the greenback is taking up the bid. Despite the accommodative stance by the Fed and yesterday's dovish shift in rate hike expectations, gold is under pressure. "While the US central bank killed the dream of an additional rate hike in 2019, signalling a "perma-pause", the reality is the market believes that the next...

· Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on upbeat U.S. economic data, while the metal was still on path for a third straight weekly gain. · Spot gold was down 0.1 percent at $1,308.26 per ounce as of 0119 GMT, after touching its highest since Feb. 28 at $1,320.22 in the previous session. · The metal has risen 0.5 percent so far this week and is on track for a third consecutive gain on...

· Palladium hit an all-time high on Wednesday on concerns over tight supplies of the autocatalyst metal, while gold reversed course to rise after the U.S. Federal Reserve kept interest rates unchanged. Spot palladium rose 0.6 percent to $1,605.51 per ounce, having earlier touched a record high of $1,608. Palladium is extensively used in the making of catalytic converters in vehicles and has benefited from a switch away from diesel engines and demand for hybrid electric vehicles. · “Europe...

· Gold climbed to a three-week peak on Thursday as the U.S. Federal Reserve ruled out chances of any interest rate hike this year, while a surprise cut in U.S. growth forecast added to concerns on global economic slowdown. Spot gold gained 0.5 percent to $1,318.31 per ounce as of 0625 GMT, after touching its highest since Feb. 28 at $1,319.02 earlier in the session. U.S. gold futures jumped 1.3 percent to $1,318.40 an ounce. · Having downgraded the U.S. growth, unemployment and inflation forecasts...