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Spot Gold News
Gold hits 1-month high as investors worry over US election
Wed, Nov 02, 2016
Gold hit a one-month high on Wednesday as investors grew more concerned over the global economic outlook and started looking for safe-haven assets on signs the US presidential election race was tightening.
Govt hikes import tariff value on gold, silver
Tue, Nov 01, 2016
The government on Monday hiked import tariff value on gold and silver marginally to $414 per 10 grams and $577 per kg, respectively, taking into account global trends.
Gold steady as market focus turns to U.S. Fed meeting
Mon, Oct 31, 2016
Gold held steady early Monday amid a firm dollar and weaker equities following a 0.6 % gain in the previous session, with markets eyeing the upcoming Federal Reserve meeting for insight on the timing of a U.S. interest rate hike. FUNDAMENTALS
Gold holds gains on weaker dollar, rising stocks cap gains
Wed, Oct 19, 2016
Gold prices held on to gains early Wednesday, after rising 0.6 % the session before on a weaker U.S. dollar, but rising equities capped gains. FUNDAMENTALS * Spot gold was up slightly at $1,263.31 an ounce by 0052 GMT.
Gold prices climb on weaker dollar, stumbling stocks
Thu, Oct 13, 2016
Gold prices rose on Thursday as the US dollar pared early gains and equities plunged on Chinese trade data that stoked concerns about the health of the world's number two economy.
Gold edges up as bargain hunters step in after falls
Thu, Oct 06, 2016
Gold edged higher on early Thursday as bargain hunters stepped in to buy after the metal hit fresh three-month lows in the previous session, ahead of Friday's non-farm payrolls report. Fundamentals
Gold edges up on short covering as Deutsche Bank concerns ease
Mon, Oct 03, 2016
Gold rose slightly early on Monday on short covering after a volatile session on Friday as concerns about Deutsche Bank's health eased. Fundamentals * Spot gold edged up 0.3% to $1,319.40 an ounce by 0151 GMT.
Gold steady as dollar slips ahead of Janet Yellen's speech
Fri, Aug 26, 2016
Gold held steady early on Friday after hitting four-week lows in the previous session when the dollar slipped ahead of a speech by US Federal Reserve Chair Janet Yellen that will be closely watched for clues on US interest rate policy. Fundamentals
Gold edges higher as dollar dips, US Fed in focus
Thu, Aug 25, 2016
Gold rose slightly on Thursday after hitting a four-week low in the previous session, with the US dollar losing strength ahead of a speech by US Federal Reserve Chair Janet Yellen that will be closely watched for clues on US interest rate policy. Fundamentals
Gold steady as markets await US interest rate hike clues
Wed, Aug 24, 2016
Gold was trading in a narrow range on Wednesday as investors waited for clues on whether the US Federal Reserve would hike interest rates this year.
Gold edges lower for third day on uncertainty of US rate hike
Tue, Aug 23, 2016
Gold edged lower on Tuesday, dropping for a third day, as investors are reducing their exposure to the yellow metal as the US may raise interest rates as early as September. Spot gold slipped 0.1% to $1,337.55 an ounce at 0502 GMT. The metal hit a two-week low on Monday.
Gold fall over 1% on US Fed rate hike comments
Sat, Aug 20, 2016
Gold fell more than 1% on Friday, snapping a four-day streak of gains following conflicting signals from US Federal Reserve officials on the timing of a possible rate hike, but was still on track for its second straight week higher.
Gold falls on hawkish US Fed rate comments
Fri, Aug 19, 2016
Gold fell for the first time in five sessions early on Friday as hawkish comments from US Federal Reserve officials renewed bets on a US rate hike this year. Fundamentals: * Spot gold was down 0.3% at $1,348.26 an ounce at 0103 GMT.
Gold rises for second day as US rate hike expectations cool
Tue, Aug 16, 2016
Gold rose for a second day on Tuesday on lower expectations that the US Federal Reserve will raise interest rates this year due to mixed macro economic signals from the world's largest economy. Fundamentals
Gold hovers near 1-week low as US jobs report boosts rate-hike expectations
Mon, Aug 08, 2016
Gold hovered near one-week lows on Monday, after falling about 2% in the previous session, as a stronger-than-expected US jobs report likely increased the possibility of a rate hike this year by the US Federal Reserve.
Gold edges up in early trade, set for third straight weekly gain
Fri, Jun 17, 2016
Spot gold was up 0.2% at $1,281.30 an ounce at 0107 GMT. Bullion, which has risen 0.7% this week so far, fell 1% on Thursday to notch up its biggest one-day loss since May 24.
Gold inches up but lingers near three-week lows on US Fed rate views
Mon, May 23, 2016
Bullion has been under pressure since the Fed released the minutes of their April meeting last week that showed officials believe the US economy could be ready for another interest rate increase next month.
Gold heads for biggest weekly drop in eight weeks on Fed rate outlook
Fri, May 20, 2016
New York Fed President William Dudley said on Thursday there was a strong sense among the central bank officials that markets were underestimating the probability of policy tightening and that the Fed was on track for a rate hike in June or July.