Gold

Gold inches down as higher yields outweigh stimulus optimism

Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus. Spot gold eased 0.1%…

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Gold eases as dollar gains

Gold edged lower on Wednesday as the dollar firmed with investors tracking two closely contested U.S. Senate runoff races in Georgia that will likely determine President-elect Joe Biden administration's fiscal…

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Gold scales 8-week high as tighter lockdown measures loom

Gold prices started the new year on a high by notching an eight-week peak after surpassing the key $1,900 level on Monday, as a surge in COVID-19 cases and prospects…

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Gold set for best year in a decade with 24% rise

Gold prices fell on Thursday as hopes for an economic recovery next year increased risk appetite, although the precious metal was set to wrap up the year with its best…

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Gold firms on weaker dollar, U.S. stimulus bets

Gold prices gained on Thursday, supported by a weaker dollar as investors bet on further U.S. stimulus following dour economic data even as President Donald Trump threatened to veto a…

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Gold gains as weaker dollar offsets U.S stimulus doubts

Gold prices ticked higher on Wednesday as weakness in the dollar offset worries about a U.S. stimulus deal after President Donald Trump threatened not to sign the pandemic relief bill.…

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Gold scales 1-1/2-month high on U.S. stimulus deal boost

Gold prices jumped as much as 1% on Monday to a near one-and-a-half-month high, driven by news that an agreement on a long-awaited U.S. fiscal stimulus deal had been reached.…

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Gold scales 1-week high on U.S. stimulus bets

Gold prices inched higher to a one-week top on Wednesday as the metal built on the previous session's gains on growing hopes for further U.S. stimulus and ahead of a…

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Gold hubs including UAE pledge support for crackdown on illegal trade

Eleven gold trading hubs including the United Arab Emirates have declared their support for an initiative by the world’s most influential bullion market authority to improve regulation on issues such…

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Gold treads water after sharp sell-off on U.S. stimulus delay

Gold prices were little changed on Thursday after a steep sell-off in the previous session as a breakthrough in long-running negotiations among U.S. lawmakers over a pandemic relief package remained…

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Gold prices slip as vaccine progress dents bullion’s appeal

Gold prices edged lower on Thursday as news of the world's first vaccine approval from Britain underscored hopes of a swift economic recovery, weighing on bullion's safe-haven demand, while investors…

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Gold dips as doubts linger over U.S. stimulus bill

Gold eased on Wednesday after a sharp rise in the previous session, due to uncertainty over a U.S. stimulus package, while progress in a COVID-19 vaccine development also weighed on…

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Gold gains as weak U.S. jobs data, virus worries dim recovery hopes

Gold prices rose on Thursday as grim U.S. jobs data and worries over surging COVID-19 cases worldwide cast doubts over a quick economic recovery and bolstered the metal's safe-haven appeal.…

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Gold edges up on softer dollar, Fed stimulus bets

Gold edged higher on Monday, as a softer dollar and hopes of further U.S. monetary stimulus offset optimism over the quick rollout of a COVID-19 vaccine and bolstered the precious…

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Gold dips on firmer dollar, COVID-19 vaccine hopes

Gold fell on Thursday in early Asian trade as the dollar gained some ground and progress in COVID-19 vaccine development dented the precious metal's appeal. * Spot gold fell 0.21…

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Gold inches lower as COVID-19 vaccine optimism weighs on appeal

Gold prices edged lower on Wednesday due to optimism over a potential COVID-19 vaccine, but concerns over the economic impact from the resurgence of coronavirus cases in the United States…

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Gold hits 1-week peak as softer dollar, worsening pandemic lift appeal

Gold prices touched a one-week high on Monday propped up by a weaker dollar, while mounting U.S. coronavirus cases escalated concerns of the pandemic's impact on economic recovery underpinning hopes…

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Gold buoyed by virus woes, but heads for worst week in seven

Gold prices inched higher on Friday, as fears over the economic fallout from mounting cases of COVID-19 overshadowed hopes of a vaccine, although the metal was on track for its…

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Gold market authority threatens to blacklist UAE and other centres

The world's most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory standards,…

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Gold edges up as virus worries eclipse vaccine optimism

Gold prices edged up on Thursday, after dropping over 1% in the previous session, as concerns over the economic fallout from surging COVID-19 cases outweighed positive development around a vaccine.…

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Gold firms as Biden edges closer to U.S. election win

Gold firmed on Thursday as investors were cautiously optimistic Democrat Joe Biden would edge past President Donald Trump in a tight race to the White House, boosting the likelihood of…

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Gold slides on dollar bounce as early U.S. poll results trickle in

Gold fell on Wednesday as the dollar strengthened after U.S. President Donald Trump grabbed an early lead in the key state of Florida, muddying the path for his Democratic rival…

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Gold rises on U.S. election jitters; steady dollar caps gains

Gold ticked higher on Monday as caution crept in ahead of Tuesday's hotly contested U.S. presidential elections, sparking some bids for the safe-haven metal, though a resilient dollar capped gains.…

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Gold firms as dollar dips, coronavirus concerns grow

Gold prices rose on Friday, as the dollar retreated, supported by worries of soaring coronavirus cases in the United States and Europe as well as uncertainty over the upcoming U.S.…

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World Gold Council says gold demand fell to its lowest in 11 years in the third quarter

Global demand for gold in the third quarter of 2020 was the lowest in 11 years, as a rush by investors to stockpile bullion slowed and central banks sold metal…

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Gold firms on U.S. election, economic uncertainty; dollar strength caps gains

Gold edged up on Thursday after a plunge in the previous session as surging global coronavirus cases and fears of a contested U.S. presidential election spurred demand, although a strong…

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Gold steady as coronavirus, U.S. elections uncertainty loom

Gold prices were little changed on Wednesday, staying above the $1,900-mark, as uncertainties about U.S. elections and surging global COVID-19 cases countered pressure from a firmer dollar and fading hopes…

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Gold hits over one-week low as dollar gains ground

Gold prices fell to an over one-week low on Monday, as the dollar firmed and talks about the new U.S. coronavirus aid package showed no signs of progress. Spot gold…

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New estimate shows Siberian gold deposit is world’s biggest by reserves

Russia's largest gold producer Polyus said on Thursday its giant Sukhoi Log gold deposit in Siberia is the world's biggest by reserves. Polyus and its partner bought the rights to…

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Gold price retreats as dollar gains

Gold slipped on Thursday from a more than one-week high hit in the last session, as the dollar recovered some lost ground after doubts emerged whether an agreement on a…

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Gold price gains on U.S. stimulus deal optimism, weaker dollar

Gold prices rose on Wednesday as optimism that U.S. lawmakers could reach agreement on a pre-election coronavirus relief package pressured the dollar and bolstered the precious metal's appeal as an…

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Gold steadies on hopes of U.S. coronavirus relief deal

Gold prices were steady near the key $1,900 per ounce level in early Asian trade on Monday supported by expectations of a new U.S. stimulus package before Election Day. *…

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Gold dips as dollar holds firm, set for a weekly decline

Gold prices inched lower on Friday, on track for its first weekly decline in three, as the dollar held firm and U.S. stimulus talks showed no progress. * Spot gold…

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Gold hit by steady dollar, fading U.S. stimulus hopes

Gold prices dipped on Thursday as the dollar steadied and comments from U.S. Treasury Secretary Steve Mnuchin dashed hopes of a new fiscal stimulus package before the presidential election. Spot…

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Gold price lingers below $1,900 as dollar holds firm

Gold prices lingered below the key $1,900/ounce psychological level on Wednesday as lack of an agreement on additional U.S. fiscal stimulus helped the dollar stay firm. Spot gold was little…

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Gold gains as easing dollar, U.S. stimulus hopes bolster appeal

Gold prices rose 1% on Friday, supported by a weaker dollar and optimism over a new U.S. coronavirus relief package after President Donald Trump said talks with Congress had restarted.…

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Gold price holds steady on U.S. stimulus hopes, U.S. jobs data in focus

Gold prices were little changed on Thursday as renewed hopes for more U.S. stimulus kept the bullion afloat, with investors eyeing the weekly jobless claims data to further gauge the…

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Gold claws back as economic uncertainty lifts appeal

Gold prices edged up on Wednesday, after hitting a one-week low in early trade, lifted by renewed fears over economic recovery and uncertainty around the U.S. presidential election after President…

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Gold holds steady as market eyes Trump’s health

Gold prices were little changed on Monday, as investors sought more clarity on developments in U.S. President Donald Trump's health after he tested positive for COVID-19 last week. Spot gold…

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Gold dips as dollar ticks up; set for best week in nearly 2 months

Gold was headed on Friday for its best weekly gain in nearly two months, despite prices slipping from a more than one-week high as the dollar strengthened amid doubts regarding…

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Gold prices register increase

Gold prices edged higher on Thursday as a softer dollar and signs of progress in negotiations over fresh U.S. stimulus measures bolstered the metal's appeal. Spot gold rose 0.3% to…

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Gold slips as dollar firms after Trump, Biden face off

Gold dipped on Wednesday as the dollar ticked up after Republican President Donald Trump and Democratic rival Joe Biden sparred in the first U.S. presidential debate ahead of the Nov.…

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Gold inches higher on subdued dollar; Trump-Biden debate in focus

Gold edged up on Monday as the dollar slipped off a two-month peak it hit last week, due to caution as political uncertainty built ahead of the first presidential election…

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Switzerland proposes gold traders should give more info to customs

The Swiss government said it had proposed changing the way gold is recorded by global customs authorities to give more information about its quality and use and make the bullion…

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Gold edges higher but set for worst week in six

Gold inched higher on Friday on renewed hopes of more U.S. stimulus measures, though the bullion was on track for its biggest weekly decline in more than a month pressured…

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Gold price loses sheen as robust dollar weighs

Gold prices eased for a third straight session on Wednesday as the dollar climbed to a near two-month high, though uncertainties surrounding global economic recovery limited the bullion's decline. Spot…

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Gold prices firm as tepid dollar lends support

Gold prices edged higher on Monday, helped by a softer dollar while investors looked forward to speeches by Federal Reserve policymakers due this week for further clues on the U.S.…

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Gold drops 1% as dollar rises

Gold prices fell more than 1% on Thursday as the dollar climbed after the U.S. Federal Reserve painted a favourable economic recovery picture but stopped short of offering concrete signals…

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Gold price remains steady

Gold prices held steady on Wednesday as investors awaited the outcome of the U.S. Federal Reserve's policy meeting, hoping for details of the central bank's plans to balance interest rates…

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Gold gains on weaker dollar

Gold prices rose on Monday, supported by a weaker dollar and expectations that the U.S. Federal Reserve will adopt a dovish stance at its two-day monetary policy meeting later this…

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Gold slips from one-week peak hit by stronger dollar

Gold prices fell on Friday as the U.S. dollar rebounded, but the yellow metal was on track for a weekly gain underpinned by worries over a global economic recovery from…

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Gold at one-week high as weak dollar supports; ECB meet in focus

Gold steadied near a one-week high on Thursday as the dollar weakened, but the yellow metal traded in a narrow $8 range as investors held back from making large bets…

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Gold dips on stronger dollar ahead of ECB meeting

Gold prices slipped on Wednesday as the U.S. dollar rose to multi-week highs ahead of monetary policy strategies from major central banks in North America and Europe. Spot gold was…

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Gold gains as global growth worries support demand

Gold edged higher on Monday after weak U.S. data raised concerns over a quick economic rebound from the coronavirus-led slump and cemented hopes that lower interest rates would last longer.…

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Gold gains but Platinum is on track for its worst week since mid-March

Gold prices rose on Friday, as U.S. Treasury yields fell and a pullback in global equities bolstered demand for the safe-haven metal ahead of the U.S. non-farm payrolls report. Spot…

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Gold steadies as dollar stalls, economic concerns persist

Gold on Thursday recouped some of the previous session's hefty losses as the dollar steadied, although gains were capped by an uptick in risk appetite on recent better-than-expected economic data.…

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Gold dips as solid U.S. economic data lifts dollar

Gold prices slipped on Wednesday as the dollar rebounded after robust U.S. manufacturing data bolstered hopes around global economic recovery, tempering the safe-haven bullion's allure. Spot gold fell 0.3% to…

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