Gold little changed as dollar steadies
By Jan Harvey
LONDON (Reuters) – Gold steadied on Friday as the dollar index reversed earlier losses, but trading was muted as the U.S. currency remained hemmed into ranges ahead of a Federal Reserve meeting next week.
Spot gold was bid at $932.90 an ounce at 1420 GMT (10:20 a.m. EDT), against $932.35 an ounce late in [...]
US gold rises as weakening dlr boosts hedge buying
NEW YORK, June 11 (Reuters) – Gold futures ended higher on Thursday as the dollar turned broadly lower, and signs of long-term currency weakness could spur fresh buying of bullion as a hedge against the depreciating greenback. For the latest detailed report, click on [GOL/]. GOLD * August GCQ9 settled up $7.30 at $962 [...]
US gold up on weak dollar, interest rate in focus
NEW YORK, June 11 (Reuters) – U.S. gold futures turned higher on Thursday as the dollar dropped, but rising Treasury yields could dampen the investment appeal of noninterest-bearing gold, traders said. For the latest detailed report, click on [GOL/]. GOLD * August GCQ9 up $1.10 at $955.80 an ounce at 10:41 a.m. EDT (1441 [...]
Gold edges higher as dollar slips
By Jan Harvey
LONDON (Reuters) – Gold inched higher in Europe on Thursday as the weaker dollar lent support, but gains were limited as the currency awaited fresh direction from another U.S. government debt auction later in the session.
Spot gold was bid at $954.60 an ounce at 0929 GMT, against $953.65 an ounce late in New [...]
US gold cuts gains to end flat, strong dlr weighs
NEW YORK, June 10 (Reuters) – U.S. gold futures erased initial gains to finish unchanged on Wednesday, as a dollar bounce and signs of lagging physical jewelry demand prompted investors to take profits. For the latest detailed report, click on [GOL/]. GOLD * August GCQ9 settled unchanged at $954.70 an ounce on the COMEX [...]
US gold falls on dollar rise, weak jewelry demand
NEW YORK, June 10 (Reuters) – U.S. gold futures turned lower on Wednesday, erasing initial gains, as a dollar bounce and signs of lagging physical jewelry demand prompted investors to take profits. For the latest detailed report, click on [GOL/]. GOLD * August GCQ9 down $1.80 at $952.90 an ounce at 10:23 a.m. EDT [...]
Gold slides to 2-week low on dollar strength
By Jan Harvey and Kylie MacLellan
LONDON (Reuters) – Gold tumbled to two-week lows on Monday as weak physical demand reinforced a sell-off triggered by the stronger dollar against the euro.
Spot gold was bid at $944.85 an ounce at 1425 GMT (10:25 a.m. EDT), against $955.30 an ounce late in New York on Friday. Earlier it [...]
At СЕКРЕТУТКА,000/oz, gold bugs and hum-bugs collide
By Chikako Mogi
TOKYO (Reuters) – With gold poised to lurch above ОФИС-МЕНЕДЖЕР,000 an ounce for a third time, the lines are being drawn between bulls who believe a dollar-hedging rally has only just begun and bears who say four-digit bullion will be fleeting.
Fueled by expectations of growing inflation after aggressive government pump-priming measures around the [...]
At ОФИС-МЕНЕДЖЕР,000/oz, gold bugs and hum-bugs collide
By Chikako Mogi
TOKYO (Reuters) – With gold poised to lurch above СЕКРЕТУТКА,000 an ounce for a third time, the lines are being drawn between bulls who believe a dollar-hedging rally has only just begun and bears who say four-digit bullion will be fleeting.
Fueled by expectations of growing inflation after aggressive government pump-priming measures around the [...]
Gold edges lower as dollar steadies
By Jan Harvey
LONDON (Reuters) – Gold edged lower in Europe on Tuesday as the dollar steadied after hitting its lowest level this year in the last session, stalling commodities’ upward drive.
Holdings of the world’s largest gold and silver exchange traded funds, New York’s SPDR Gold Trust and iShares Silver Trust, both rose on Monday, data [...]