Gold

Gold eyes best week in five months ahead of US jobs data

Spot gold has risen more than 3.5% so far this week Gold hit record peak of $2,164.09 in the previous session Dollar heads for sharpest weekly drop of the year…

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Gold at record levels as Powell says Fed cuts likely this year

March 7 (Reuters) - Gold prices on Thursday hovered near a record peak hit in the previous session after U.S. Federal Reserve Chair Jerome Powell said interest rate cuts are…

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Gold holds above $2,100 near record high

Gold hits record peak at $2141.59 per ounce on Tuesday Analyst says gold rally sentimental, could see profit taking Focus on Powell's first day of congressional testimony Cenbank gold buys…

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Gold near two-month peak as anticipation builds for June US rate cut

By Harshit Verma March 4 (Reuters) - Gold prices lingered close to a two-month high on Monday, after softer U.S. economic readings last week cemented prospects of an interest rate…

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Gold eyes second weekly gain on gradually easing US inflation

March 1 (Reuters) - Gold prices firmed near month-high levels on Friday and were set for a second weekly rise after data showed that U.S. inflation was gradually easing, while…

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Gold prices steady as traders await key US inflation report

By Harshit Verma Feb 29 (Reuters) - Gold prices remained steady on Thursday, and have held ground so far this month, despite bleak hopes for swift and deeper rate cuts…

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Gold prices steady as lower yields counter stronger dollar

Technicals indicate spot gold may retest support at $2,025/Oz Nine Fed officials due to speak this week PCE inflation data due Thursday By Harshit Verma Feb 28 (Reuters) - Gold…

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Gold off two-week highs as US dollar ticks higher

Dollar ticks up ahead of U.S. inflation data this week Geopolitical concerns keeping gold on investors' radar - analyst By Sherin Elizabeth Varghese Feb 26 (Reuters) - Gold prices inched…

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Gold set for weekly gain as weak dollar, Middle East woes lift appeal

Dollar heads for first weekly fall in nearly 2 months Gold set for first weekly gain in three, up 0.7% so far Houthis claim responsibility for attack on UK-owned cargo…

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Gold firms as softer dollar, Middle East tensions lend support

Dollar index extends losses for fourth straight day Fed concerned about the risks of cutting rates soon, minutes show Israel intensified its bombardment of Rafah in Gaza's south By Sherin…

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Gold rises on softer dollar, safe-haven demand; focus on Fed minutes

Dollar index extends losses for third straight day Fed minutes of January policy meeting due at 1900 GMT By Sherin Elizabeth Varghese Feb 21 (Reuters) - Gold prices rose for…

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Gold hits near 1-week peak on softer dollar, safe-haven demand

Dollar index down 0.1% against rivals UK cargo ship under attack in the Bab al-Mandab Strait off Yemen Fed minutes of January policy meeting due on Wednesday By Sherin Elizabeth…

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Gold prices set for second weekly dip as traders rethink rate-cut bets

Gold down over 1% so far this week Fed's Bostic sees 2 rate cuts in 2024, but not ready yet Retail sales saw biggest m-o-m drop since Feb 2023 By…

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Gold near two-month low as traders wary of US rate cut prospects

Feb 15 (Reuters) - Gold prices held near a two-month low on Thursday, as traders assessed U.S. Federal Reserve officials' mixed remarks on January's hotter-than-expected inflation data that triggered a…

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Gold takes pause in light trading; eyes on Fed in data-packed week

Gold speculators raise net long position - CFTC At least 7 U.S. Fed officials due to speak this week Focus on Tuesday's U.S. consumer price index report China, Hong Kong,…

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Gold holds ground, awaiting Fed officials’ comments on rates

Spot gold trading in $2 range 5 more Fed speakers due to speak this week Dollar index down 0.1% By Harshit Verma Feb 7 (Reuters) - Gold prices flitted in…

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Gold slides as jobs data dampens bets of US rate cut

Gold speculators cut net long position for 4th week - CFTC U.S. non-farm payrolls rose more than expected - Friday's data Investors await remarks from host of Fed speakers this…

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Gold set for best week in 7 as dollar softens ahead of US jobs data

By Harshit Verma Feb 2 (Reuters) - Gold prices were poised for their biggest weekly gain in seven on Friday as the dollar and Treasury yields retreated, while traders awaited…

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Gold prices gain as traders assess hopes for sizeable Fed rate cut

By Harshit Verma Feb 1 (Reuters) - Gold climbed for a fourth straight day on Thursday as investors held onto hopes the Federal Reserve would trim interest rates by a…

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India’s gold demand to rise in 2024 despite subdued March quarter-WGC

By Rajendra Jadhav MUMBAI, Jan 31 (Reuters) - India's gold demand is expected to be subdued in the first quarter of 2024 due to lower jewellery sales, but annual demand…

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Gold set for monthly dip on rate caution; Fed in focus

Gold down 1.4%, silver down 3% so far this month Platinum drops 7%, palladium 11% so far m-o-m Dollar index .DXY up over 2% so far m-o-m Fed's rate decision…

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Safe-haven gold gains as Middle East worries mount

Fed's Powell to speak on Wednesday Depth of cuts in 2024 seen at 166 bps vs around 130 bps week ago News on China's Evergrande also keeping gold supported By…

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Gold heads for 2nd weekly fall on strong US economy, robust dollar

By Harshit Verma Jan 26 (Reuters) - Gold prices were set for their second consecutive weekly fall on the face of a resilient U.S. economy that kept the dollar near…

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Gold hovers near 1-week low on firm dollar; US data, ECB in focus

U.S. Q4 GDP advance estimate due at 1330 GMT ECB rate decision due at 1515 GMT By Harshit Verma Jan 25 (Reuters) - Gold prices hovered near a one-week low…

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Gold holds steady as traders anticipate US economic data

Spot gold fell 1% last week - biggest weekly decline in six Markets see 49% chance of March rate cut vs 71% chance 2-wk ago U.S. PMI due Wednesday, GDP…

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Gold heads for worst weekly fall in six as rate-cut view tempers

Gold down 1.3%, Dollar up about 1% for the week Markets see 54% chance of March rate cut vs 71% chance week ago Depth of cuts in 2024 seen at…

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Gold near 5-week low as rate-cut optimism tapers

By Harshit Verma Jan 18 (Reuters) - Gold prices hovered near five-week lows on Thursday, as hawkish remarks from Federal Reserve officials and robust data dampened investors' expectation for deeper…

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Gold extends slide as dollar firms on hawkish Fedspeak

Dollar index hovers near 1-1/2-month high Fed should not rush falls 1.3% on Tuesday Short-term fate of gold likely in hands of bond market - analyst By Harshit Verma Jan…

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Safe-haven gold gains on renewed Fed cut bets

By Harshit Verma Jan 15 (Reuters) - Gold prices edged up on Monday, holding above the $2,050 level on safe-haven appeal from elevated tensions in the Middle East and on…

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Safe-haven gold gains on escalating Middle East tensions

Focus on heightened geopolitical tension - analyst Asian shares cautious, oil jumps Market bets for 150 bps of U.S. rate cuts in 2024 - IRPR U.S. PPI data due at…

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Gold rises on the back of weaker dollar; US inflation data in focus

By Anjana Anil Jan 11 (Reuters) - Gold prices climbed on Thursday, buoyed by a softer dollar, while markets awaited a key U.S. inflation report later in the day that…

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Gold subdued ahead of US inflation data

By Harshit Verma Jan 10 (Reuters) - Gold prices were subdued on Wednesday on a firmer U.S. dollar and elevated treasury yields, ahead of a key U.S. inflation report that…

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Gold slips as dollar firms, focus on US inflation data

By Harshit Verma Jan 8 (Reuters) - Gold prices fell on Monday as fading expectations of an early rate cut in the U.S. kept the dollar and bond yields supported,…

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Gold steadies as traders await jobs data for Fed cues

Traders await jobless claims, non farm payrolls data Minutes show Fed officials uncertain on interest-rate outlook Markets see 72% chance of March rate cut now vs 90% chance week ago…

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Gold gains as dollar eases

By Brijesh Patel Jan 3 (Reuters) - Gold prices ticked up on Wednesday, helped by a pullback in the dollar, while investors awaited minutes of the Federal Reserve's latest policy…

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Gold eyes best year since 2020 with 14% annual gain

By Harshit Verma Dec 29 (Reuters) - Gold prices were set on Friday for their best year in three, as expectations grew for U.S. interest rate cuts early next year…

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Gold holds steady as activity muted, headed for best year in three

By Harshit Verma Dec 27 (Reuters) - Gold prices steadied on Wednesday as trading was muted in the last week of the year, but bullion was headed for its best…

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Gold near 3-week peak, Dollar languishes near 5-month low

By Brijesh Patel Dec 22 (Reuters) - Gold prices climbed on Friday to their highest level in nearly three weeks, as rising bets on Federal Reserve interest rate cuts early…

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Gold gains as weaker US yields, dollar lift demand

U.S. 10-year bond yields at near 5-month low U.S. existing home sales unexpectedly rise in November By Brijesh Patel Dec 21 (Reuters) - Gold prices rose on Thursday, helped by…

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Gold prices steady with potential Federal Reserve rate cuts anticipated for 2024

U.S. core PCE data due on Friday Fed's Bostic: No 'urgency' for rate cuts 'Gold could certainly hit a new high in 2024' - analyst By Brijesh Patel Dec 20…

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Gold rises as Fed rate-cut prospects dent dollar, bond yields

By Brijesh Patel Dec 14 (Reuters) - Gold prices extended their climb to a one-week high on Thursday after the U.S. Federal Reserve flagged an end to its tightening cycle…

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Gold holds tight range as traders strap in for Fed verdict

By Brijesh Patel Dec 13 (Reuters) - Gold prices traded in a narrow range on Wednesday as investors refrained from making big bets ahead of the U.S. Federal Reserve's interest…

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Gold slips ahead of central bank meetings, key US data this week

By Brijesh Patel Dec 11 (Reuters) - Gold prices slipped on Monday as the dollar held firm, with investors looking forward to several major central bank meetings and U.S. inflation…

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Gold heads for first weekly drop in four ahead of US jobs data

Gold down 1.9%, silver loses over 6% this week U.S. dollar on track to snap three straight weeks of losses U.S. non-farm payrolls data due at 1330 GMT By Harshit…

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Gold prices flat

By Harshit Verma Dec 7 (Reuters) - Gold prices were flat on Thursday as investors held back from making big bets ahead of a crucial U.S. payrolls data later this…

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Gold ticks up as dollar slips, investors await US jobs data

By Harshit Verma Dec 6 (Reuters) - Gold prices edged higher on Wednesday as the dollar eased and weaker-than-expected U.S. jobs data cemented expectations that the Federal Reserve's policy tightening…

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Gold prices sprint to all-time peak on Fed rate-cut bets

By Harshit Verma Dec 4 (Reuters) - Gold prices bolted to an all-time high above $2,100 per ounce on Monday as Federal Reserve Chair Jerome Powell's remarks elevated traders' confidence…

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Gold set for 3rd weekly gain

By Harshit Verma Dec 1 (Reuters) - Gold prices were set to mark a third straight weekly rise on Friday, after data showing cooling inflation cemented bets for a rate…

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Gold, silver on track for 2nd straight month of gains

By Harshit Verma Nov 30 (Reuters) - Gold prices consolidated in a tight range on Thursday, hovering close to a near seven-month high, as investors awaited a key inflation print…

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Gold hits near 7-month peak as dollar

By Harshit Verma Nov 29 (Reuters) - Gold prices touched a nearly seven-month high on Wednesday propelled by an extended decline in the U.S. dollar and bond yields as investors…

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Gold atop 6-month peak on softer US dollar, Silver up over 1%

By Harshit Verma Nov 27 (Reuters) - Gold prices climbed a six-month peak on Monday, supported by a weaker U.S. dollar and on bets that the U.S. Federal Reserve is…

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Gold poised for second weekly gain as Dollar heads for second weekly fall

By Brijesh Patel Nov 24 (Reuters) - Gold held steady on Friday, set for its second consecutive weekly gain, supported by a weaker U.S. dollar as markets grew confident that…

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Gold gains as weaker US dollar, yields lift demand

US weekly jobless claims fall; labor market still slowing US consumers' inflation expectations rise for 2nd month - UMich US 10-year Treasury yields at two-month low By Brijesh Patel Nov…

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India’s Oct gold imports surge to 31-month high on festive demand

By Rajendra Jadhav MUMBAI, Nov 20 (Reuters) - India's October gold imports surged 60% from a year earlier to a 31-month high as a drop in prices ahead of a…

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Gold ticks higher as dollar slips on Fed pause bets

By Brijesh Patel Nov 20 (Reuters) - Gold prices edged higher on Monday as the dollar extended its slide after recent U.S. economic data boosted bets that the Federal Reserve…

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Gold heads for first weekly gain in three, Silver, Platinum set for weekly gains

By Anjana Anil Nov 17 (Reuters) - Gold prices extended gains on Friday and were set for their first weekly rise in three, as investors stepped up bets that the…

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Gold steadies on Fed pause hopes, dollar rise limit gains

By Anjana Anil Nov 16 (Reuters) - Gold prices inched higher on Thursday, buoyed by expectations that the Federal Reserve has come to the end of its tightening cycle, although…

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