Gold

Gold steadies near 6-week high as firmer yields offset Omicron woes

Jan 3 (Reuters) - Gold scaled a six-week high before it gave up gains to trade flat on Monday, as safe-haven buying fuelled by an Omicron-driven surge in COVID-19 infections…

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Gold set for worst year since 2015 on fading safe-haven demand

Dec 31 (Reuters) - Gold was set on Friday for its worst year since 2015 as a global economic recovery from last year's contraction robbed the metal of safe-haven flows…

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Gold steady as weaker U.S. yields counter firmer dollar

Dec 27 (Reuters) - Gold held steady on Monday above the key level of $1,800 per ounce, as slightly weaker U.S. Treasury yields countered an uptick in the dollar. Spot…

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Gold inches up heading into Christmas on weaker dollar

Dec 23 (Reuters) - Gold prices edged higher on Thursday in thin year-end trading, as the safe-haven dollar weakened following encouraging study results on the Omicron COVID-19 variant and rising…

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Gold gains on weaker dollar after Fed; focus on other cenbank meetings, Dollar moves away from 3-week high

Dec 16 (Reuters) - Gold prices gained on Thursday, as the dollar weakened after the U.S. Federal Reserve decided it would end its pandemic-era bond-buying programme in March, with investors…

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Gold flat as traders await Fed decision, Gold could end year between $1,750-$1,800

Dec 15 (Reuters) - Gold prices were flat on Wednesday after a sharp drop in the previous session, as investors waited to see if the U.S. central bank speeds up…

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Gold edges higher on U.S. inflation, focus on Fed

Dec 13 (Reuters) - Gold inched higher on Monday as elevated U.S. inflation lifted the appeal of the metal, while investors awaited a Federal Reserve meeting to learn how quickly…

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Gold edges higher on subdued dollar ahead of U.S. inflation data

Dec 9 (Reuters) - Gold prices drew support from a subdued greenback to edge higher on Thursday, though elevated Treasury yields and caution in the run-up to a key U.S.…

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Gold gains as dollar, yields ease; U.S. inflation data in focus

Dec 8 (Reuters) - Gold prices rose on Wednesday as the U.S. Treasury yields and the dollar eased, with investor focus shifting to key inflation data due this week that…

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Gold flat as subdued bond yields counter faster Fed taper bets

Dec 6 (Reuters) - Gold prices were flat on Monday, as the metal was caught between subdued U.S. bond yields and the prospect of the Federal Reserve tightening policy at…

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Gold heads for weekly fall as Fed officials strike hawkish tone

Dec 3 (Reuters) - Gold prices rose on Friday but a more hawkish stance of U.S. Federal Reserve officials on stimulus tapering and interest rate rises put the metal on…

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Gold dips as Fed’s hawkish rhetoric dampens safe-haven appeal

Dec 2 (Reuters) - Gold prices eased on Thursday as investors gauged the U.S. Federal Reserve's response to inflationary risks and economic recovery concerns amid the new Omicron coronavirus variant.…

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Gold gains on softer bond yields, growth concerns

Dec 1 (Reuters) - Gold rose on Wednesday, as softer bond yields and uncertainty about growth amid fears over the new Omicron variant of coronavirus lifted its appeal. Spot gold…

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Gold gains as new COVID-19 variant lifts safe-haven demand

Nov 26 (Reuters) - Gold gained on Friday, as concerns over the spread of a newly identified coronavirus variant boosted the metal's safe-haven appeal, although bullion was set for a…

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China’s net gold imports via Hong Kong rise 56% in October

Nov 25 (Reuters) - China's net gold imports via Hong Kong jumped 56% in October from the previous month, Hong Kong Census and Statistics Department data showed on Thursday. Net…

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Gold ticks higher as dollar eases but hawkish Fed mutes gains

Nov 25 (Reuters) - Gold prices edged up on Thursday as the dollar eased, but hawkish comments by U.S. Federal Reserve policymakers dented the metal's appeal and kept it well…

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Strong dollar, quicker rate hike bets pin gold below key $1,800

Nov 24 (Reuters) - Gold prices edged higher on Wednesday, though strength in the U.S. dollar and bets that the Federal Reserve could raise interest rates sooner kept the metal…

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Gold prices rise as inflation risks lift safe-haven appeal

Nov 22 (Reuters) - Gold prices edged higher on Monday as heated inflation kept returns on bonds low and reduced bullion's opportunity cost, though concerns over a faster pace of…

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Asia Gold Demand lacklustre in top hubs, Indian dealers eye wedding season boost

Physical gold demand in major Asian hubs softened this week with prices near multi-month peaks, although Indian dealers looked to the upcoming wedding season for renewed interest in bullion. "Jewellers…

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Gold gains as investors focus on inflation

Nov 19 (Reuters) - Gold prices rose on Friday as concerns over more persistent inflation bolstered the metal's appeal as an inflation hedge, though prospects of quicker interest rate hikes…

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UAE to introduce new standards for bullion trade

DUBAI, Nov 18 (Reuters) - The United Arab Emirates (UAE) said on Thursday it would launch a responsible sourcing scheme for gold refiners in February and planned to publish monthly…

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Gold steady as rate-hike fears counter softer dollar

Nov 18 (Reuters) - Gold prices held steady on Thursday, as uncertainty over the pace at which central banks would eventually need to hike interest rates to curb rising inflation…

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Gold subdued as dollar strength dims appeal

Gold prices edged up on Wednesday but hovered close to recent lows, with a strong U.S. dollar taking some of the precious metal's shine away. Spot gold rose 0.2% to…

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Gold eases on stronger dollar; set for best week in six months, Silver set for best week in three

Gold prices eased on Friday due to a firmer dollar but were on track for their biggest weekly gain in six months as concerns over soaring U.S. consumer prices boosted…

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Gold eases after steep rally as investors digest U.S. data

Nov 11 (Reuters) - Gold prices edged higher on Thursday, extending a rally fuelled by a surge in U.S. consumer prices that spurred some demand for the metal as an…

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Gold eases as dollar strengthens; focus shifts to U.S. CPI data

Nov 10 (Reuters) - Gold prices eased on Wednesday as the dollar firmed, with investors looking forward to key U.S. inflation data that could have a bearing on the Federal…

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UAE to audit all gold refineries in crackdown on illicit trade

LONDON, Nov 8 (Reuters) - The United Arab Emirates will require all gold refineries to undergo annual audits to ensure their suppliers are responsible, it told Reuters, in an effort…

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Gold hits 2-month peak

Gold prices extended a rally to hit a two-month high on Monday as investors held onto the view that central banks would keep interest rates low for the time being,…

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Gold set for weekly gain as Fed stays patient on rate hikes

Nov 5 (Reuters) - Gold prices were on track for a weekly gain on Friday, supported by the U.S. Federal Reserve's decision to not rush into raising interest rates, which…

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Gold ekes out gains after Fed tapering decision

Gold prices inched higher on Thursday, after hitting a three-week low in the last session, as investors took solace in the U.S. Federal Reserve's plan to dial back its stimulus…

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Gold prices ease as investors brace for Fed rate outlook

Nov 3 (Reuters) - Gold prices eased on Wednesday as traders cautiously awaited the outcome of the U.S. Federal Reserve policy meeting where the central bank is likely to announce…

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Gold edges up after Friday’s drop, investors await Fed meeting

Nov 1 (Reuters) - Gold edged higher on Monday as some investors bought the metal following a steep price drop in the previous session, although caution set in ahead of…

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Gold poised for weekly gain as U.S. bond yields, dollar slip

Oct 29 (Reuters) - Gold was set for a third straight weekly gain on Friday as weaker U.S. bond yields and dollar bolstered its appeal, with investors focussing on how…

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India’s gold demand could jump in Q4 on festivals, pent-up purchases – WGC

MUMBAI, Oct 28 (Reuters) - India's gold demand could strengthen significantly in the fourth quarter, the World Gold Council (WGC) said on Thursday, with a drop in global prices and…

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Gold firms as U.S. bond yields, dollar weaken

Oct 28 (Reuters) - Gold prices consolidated at the key $1,800 level on Thursday, supported by softer U.S. bond yields and dollar as investors focused on how central banks respond…

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Gold dips on robust dollar, higher yields ahead of key central bank meetings

Oct 27 (Reuters) - Gold prices retreated further on Wednesday from a key $1,800/ounce level, as a robust dollar and higher U.S. bond yields dented bullion's appeal while investors assessed…

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Gold firms near key $1,800 level as dollar weakens

Oct 25 (Reuters) - Gold prices hovered close to key $1,800 level on Monday, supported by a weaker dollar as investors assessed how the U.S. Federal Reserve could respond to…

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Gold set for second week of gains on softer dollar

Oct 22 (Reuters) - Gold was poised for a second weekly gain on Friday, drawing support from a softer dollar which offset higher U.S. bond yields and rising expectations central…

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Gold gains ground as weaker dollar lends support

Oct 21 (Reuters) - Gold prices rose for a third straight session on Thursday as a softer dollar lifted bullion's appeal, while investors assessed whether higher inflation would prompt central…

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Britain’s Royal Mint to extract gold from discarded electronics

Britain's Royal Mint said on Wednesday it planned to build a plant in Wales that could reclaim hundreds of kilograms of gold and other precious metals from electronic waste such…

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Gold rises as weaker dollar counters U.S. bond yields rally

Gold prices rose on Wednesday, buoyed by a slightly weaker dollar which offset surging U.S. bond yields and lingering fears over sooner-than-expected interest rates hikes. Spot gold rose 0.3% to…

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Gold eases as inflation data fans policy tightening bets

Gold prices eased off a one-month high on Thursday as better-than-expected U.S. consumer price data raised bets the Federal Reserve would tighten its policy earlier than anticipated. Spot gold fell…

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Gold steady as investors seek direction from U.S. inflation data

Gold held steady on Wednesday, underpinned by a slight pullback in the dollar and U.S. Treasury yields, while investors awaited U.S. inflation data to gauge the Federal Reserve's path on…

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Gold inch lower as investors stand by for U.S. payrolls data

Gold prices edged lower on Thursday as the dollar held firm, while investors were cautious ahead of a U.S. payrolls report that is expected to provide clues on the Federal…

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Gold dips on rising dollar, bond yields; U.S. payrolls in focus

Gold prices fell on Wednesday, pressured by a firmer dollar and rising U.S. Treasury yields, while investors focused on U.S. non-farm payrolls data that would be crucial to the Federal…

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Gold inches lower as dollar uptick dims appeal

Gold prices edged down on Monday, with a firmer dollar dimming bullion's appeal, as investors eye a key U.S. jobs report later this week that could influence the Federal Reserve's…

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Gold inches lower on dollar strength; dip in yields, stocks caps losses

Gold prices edged lower on Friday, as a resilient dollar pressured the safe-haven metal, though support from a dip in U.S bond yields and equities kept the metal above the…

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Gold inches up but strong dollar, bond yields weigh

Gold prices edged higher on Thursday, after hitting a seven-week trough in the previous session, although a robust dollar and elevated U.S. Treasury yields kept pressure intact. Spot gold rose…

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Gold edges up; U.S. rate hike bets cap gains

Gold prices crawled up on Wednesday as U.S. Treasury yields slightly eased, but held close to a seven-week trough on growing expectations of a quicker-than-expected U.S. rate hike that pushed…

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Poland c.bank says it plans to expand gold reserves

Poland's central bank has more than 230 tonnes of gold and plans to expand its reserves, the head of Poland's Central Bank said on Monday. As of August, Poland's central…

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Gold prices rise as soft dollar supports safe-haven appeal

Gold prices firmed on Monday, propped up by a subdued dollar and slight retreat in the U.S. Treasury yields, with investors gearing up for a week of speeches from U.S.…

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Gold prices ease as dollar firms on Fed rate hike comments

Gold prices dipped on Thursday as the dollar strengthened after the U.S. Federal Reserve signalled a withdrawal of its asset purchases by next year and a sooner-than-expected interest rate hike,…

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Gold hits over 1-month low as stronger dollar dents appeal

Gold prices hit a more than five-week low on Monday, as the dollar firmed with markets closely watching a U.S. Federal Reserve meeting for clues on when the central bank…

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Gold inches higher; set for weekly loss as dollar holds firm

Sept 17 (Reuters) - Gold prices recovered on Friday after sliding to an over one-month low in the previous session, though a firm dollar set the metal on course for…

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Gold eases as investors await clues on U.S. cenbank move

Gold prices inched lower on Thursday as cautious investors awaited signals on the U.S. Federal Reserve's timeline on withdrawal of its pandemic-era stimulus, with analysts expecting a further slide in…

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Gold steadies near $1,800 as U.S. inflation data fuels uncertainty

Gold held above the key psychological level of $1,800 on Wednesday, after a tamer-than-expected rise in U.S. inflation led to uncertainty on when the U.S. central bank would begin tapering…

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Gold heads for first weekly loss in five on Fed taper jitters

Gold prices were headed for their first weekly decline in five on Friday as bullion's appeal was dented by U.S. dollar strength and growing jitters over the Federal Reserve's timeline…

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