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US Gold News
Gold hits one-week low on strong dollar; Fed minutes awaited
Wed, Feb 21, 2018
Gold prices hit their lowest in a week on Wednesday as the dollar steadied after a recovery from last week`s three-year low, while investors awaited the minutes of the U.S. Federal Reserve`s last policy meeting for clues on the pace of interest rate hikes this year.
Gold hits 1-month high as dollar weakens further
Thu, Dec 28, 2017
Gold prices rose to their highest level in one month on Thursday in light holiday trade and as the dollar fell to a four-week low. Spot gold was up 0.2 percent at $1,289.10 an ounce at 0322 GMT, after earlier reaching its best since Nov. 29 at $1,289.92.
Gold prices hit 2-week high on year-end outlook, strong support
Thu, Dec 21, 2017
Gold has also been steady technically, he said, with support for the yellow metal at $1,260 an ounce and resistance at its 200-day moving average around $1,269.
Gold dips on profit taking; analysts predict a rebound
Fri, Nov 24, 2017
The Fed`s cautious view of inflation could lead to a longer period of low interest rates which provides a solid platform for gold investment, said an analyst with Thomson Reuters-owned metals consultancy GFMS.
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 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 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 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.