Gold

Gold set for best month since July 2020 on softer dollar, inflation woes

Gold rose on Monday and was heading for its best monthly jump since July 2020, boosted by a weaker U.S. dollar and lower bond yields, while growing inflationary pressure lifted…

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Gold subdued as dollar, yields tick up ahead of U.S. inflation data

Gold prices edged lower on Friday, as an uptick in the dollar and U.S. Treasury yields weighed on the safe-haven metal, while investors awaited crucial U.S. inflation data due later…

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China’s April net gold imports via Hong Kong near 3-year peak

China's net gold imports via Hong Kong jumped in April from the previous month to the highest since June 2018, as demand from the world's top bullion consumer staged a…

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Gold slips from 4-1/2-month peak as dollar regains footing

Gold prices retreated from a 4-1/2-month high on Thursday, hurt by an uptick in the U.S. dollar and bond yields, while investors awaited key economic readings out of the United…

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Gold rises above $1,900/oz as dollar weakens, inflation jitters persist

Gold prices rose above the key psychological level of $1,900 per ounce on Wednesday, helped by a weaker dollar and growing inflation concerns after Federal Reserve officials maintained a dovish…

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Gold hovers near 4-1/2-month high on tepid dollar, inflation jitters

Gold prices climbed on Monday to hover near a 4-1/2-month high, supported by a weaker U.S. dollar and growing inflationary pressure, while a slide in cryptocurrencies further lifted the safe-haven…

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Gold slips; set for third weekly gain on inflation jitters, weak dollar

Gold fell on Friday, as optimism around a rebound in the U.S. economy lifted appeal for riskier assets, but a weaker dollar and growing inflationary pressure limited losses and kept…

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Gold rises on inflation anxiety, but firm dollar caps gains

Gold prices climbed on Thursday, aided by growing U.S. inflationary pressure, although gains were curbed as the dollar rebounded and U.S. Treasury yields rose after Federal Reserve policymakers hinted at…

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Gold scales over 3-month high on virus worries, lower U.S. yields

Gold prices rose on Monday to their highest level in more than three months, as a dip in U.S. Treasury yields and worries over surging COVID-19 cases in some Asian…

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Gold slips as firm dollar, bond yields dent safe-haven appeal

Gold prices fell on Friday and were on track for a weekly loss, as firmer dollar and rising U.S. Treasury yields dampened the metal's safe-haven appeal. Spot gold was down…

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Gold up on hopes for continued low rates, firm yields cap gains

Gold edged up on Thursday on hopes that the U.S. Federal Reserve would not raise interest rates anytime soon, although a surge in U.S. Treasury yields following a sharp rise…

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Gold firms as U.S. jobs data miss cements low rates view

Gold prices inched higher on Monday to trade near a three-month peak hit last week after weaker-than-expected U.S. jobs data supported hopes that interest rates will remain low for some…

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Gold heads for best week in 5 months on softer dollar, yields

Gold prices on Friday hovered near a 2-1/2-month high and were on track for their best week in five months, aided by a weaker dollar and a pullback in Treasury…

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Gold gains on subdued bond yields

Gold prices edged higher on Thursday as a dip in U.S. treasury yields offset pressure from a stronger dollar, while investors awaited U.S. non-farm payrolls data for April due later…

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Gold prices edge higher as pullback in U.S. dollar lifts appeal

Gold prices ticked up on Wednesday, lifted by a retreat in the dollar, although gains were kept in check after U.S. Treasury Secretary Janet Yellen said interest rates may need…

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Gold gains as rising virus cases, pullback in U.S. yields lift demand

Gold prices rose on Monday as a retreat in U.S. Treasury yields and worries over surging COVID-19 cases in some countries boosted the metal's appeal, while palladium held firm after…

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UPDATED: Palladium tops $3,000 for first time amid undersupply

Palladium rose above $3,000 an ounce for the first time on Friday as the market worried about a shortage of the metal embedded by automakers in exhaust pipes to neutralise…

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Huge shipments to India drive Swiss gold exports to 10-month high

Switzerland in March recorded its biggest monthly gold exports in ten months as shipments to India leaped to their highest since 2013, underlining a revival in Asian bullion demand, Swiss…

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Gold heads for weekly rise as U.S. Treasury yields edge lower

Gold rose on Friday and was set to post a third straight weekly gain after U.S. President Joe Biden's proposal to hike capital gains tax weighed on U.S. Treasury yields,…

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Gold nears $1,800 level as U.S. dollar, yields retreat

Gold prices rose to a two-month high on Thursday, approaching the key $1,800 threshold as the U.S. dollar faltered with easing Treasury yields, while supply concerns kept palladium anchored near…

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Gold gains as softer U.S. dollar, yields lift appeal

Gold prices rose on Wednesday, hovering near a seven-week high hit earlier this week, as a soggy dollar and a retreat in U.S. Treasury yields lifted demand for the safe-haven…

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UPDATED: Gold hits 7-week high on weak dollar, lower yields

Gold scaled a more than seven-week peak on Monday as a softer dollar and lower U.S. Treasury yields lifted the yellow metal's appeal even as the appetite for riskier assets…

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Gold firms as dollar stalls ahead of U.S. retail sales, jobless claims data

Gold prices edged higher on Thursday buoyed by a weaker dollar, while investors awaited U.S. weekly jobless claims and March retail sales data for further clarity on the recovery in…

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Gold unchanged after early spike as firm bond yields offset weak dollar

Gold prices steadied after gaining in early trade on Wednesday as weakness in the U.S. dollar due to higher inflation was countered by some firming in Treasury yields. Spot gold…

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Gold prices slip as Treasury yields, dollar firm on upbeat U.S. data

Gold prices fell on Monday, weighed down by surging U.S. Treasury yields and a firmer dollar after better-than-expected U.S. economic data lifted prospects for higher inflation. Spot gold fell 0.3%…

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Gold slips after promising China data; set for weekly rise

Gold prices fell on Friday as robust economic data from China boosted hopes of a swift recovery, although bullion was set to rise more than 1% on the week as…

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Inflation worries keep gold steady after Fed maintains stance

Gold prices steadied after early falls on Thursday, as market participants weighed the U.S. Federal Reserve's commitment to keep interest rates low for some time against likely higher inflation. Spot…

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Gold dips as strong U.S. data sparks economic recovery hopes

Gold prices fell on Wednesday, from a two-week high hit in the previous session, as an array of strong data from the United States and increased COVID-19 vaccinations lifted hopes…

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Gold steady as inflation bets counter firm U.S. dollar, yields

Gold prices eased on Monday as U.S. Treasury yields rose and global stocks gained after better-than-expected jobs data in the United States fuelled optimism over a swift economic recovery. Spot…

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Gold prices edge up on new virus strain, stimulus-led inflation woes

Gold prices edged a tick higher on Thursday, as expectations of a $2 trillion-plus stimulus plan in the United States raised concerns of inflation, while reports of a new vaccine-resistant…

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Gold faces headwinds from strong China factory data

Gold prices inched lower on Wednesday as data showing a faster-than-expected growth in China's factory activity weighed on the metal's safe-haven appeal, while a surge in U.S. Treasury yields added…

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Gold dips to near 1-week low as U.S. dollar stands tall

Gold prices slipped towards a one-week low on Friday, on course for a first weekly decline in three, with bullion pressured by a rallying dollar following positive U.S. economic data…

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Gold gains on lower U.S. yields even as dollar holds firm

Gold prices rose on Wednesday as U.S. Treasury yields held close to one-week low, with bullion shrugging off strength in the dollar following Federal Reserve Chairman Jerome Powell's reassurance that…

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Gold slips as Turkish cenbank chief’s ouster raises dollar’s appeal

Gold prices slipped on Monday as investors opted for alternative safe-haven assets such as the U.S. dollar and bonds after Turkey's abrupt decision to replace its central bank head with…

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Gold declines as rising U.S. yields keep dollar firm

Gold prices fell on Friday as the dollar held onto its gains from the previous sessions on the back of rising U.S. Treasury yields, while the U.S. Federal Reserve's forecast…

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Gold hits two-week high

Gold prices rose to a more than two-week high on Thursday after the U.S. Federal Reserve reaffirmed its stance to keep interest rate near zero until 2023, although the safe-haven…

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Gold sheds gains on hopes of swift recovery after China data

Gold prices erased early gains on Monday as hopes of a faster economic recovery got a boost from better-than-expected Chinese industrial output data, while a surge in U.S. Treasury yields…

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Gold eases on firmer U.S. yields, but set for best week in 7

Gold prices retreated on Friday as firmer U.S. bond yields and a strong dollar weighed on the metal, but bullion was on course for its biggest weekly gain in seven.…

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Gold scales one-week peak as dollar, U.S. yields ease

Gold prices rose to a more than one-week peak on Thursday, after a weaker-than-expected U.S. inflation data halted an advance in Treasury yields and the dollar. Spot gold was up…

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Gold falls back as U.S. yields, dollar advance

Gold inched lower on Wednesday after posting its biggest jump in two months a day earlier, as firmer U.S. Treasury yields and dollar eroded the metal's appeal. Spot gold eased…

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Gold rebounds from 9-month low on weaker dollar

Gold prices bounced back on Monday from a nine-month low hit in the previous session as the dollar softened, while passage of a long awaited U.S. coronavirus stimulus package boosted…

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Gold recovers from 9-month low

Gold prices edged up on Thursday to recover from a near nine-month low hit in the previous session, although higher U.S. Treasury yields continued to weigh on the non-yielding bullion's…

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Firm U.S. yields keep gold under pressure

Gold prices fell on Wednesday for a sixth session in seven, as expectations that U.S. Treasury yields would move higher on further economic stimulus kept non-yielding bullion under pressure. Spot…

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Gold rises 1% on weaker dollar

Gold prices rose 1% on Monday, recovering from a more than eight-month low touched in the previous session, as the dollar weakened and the United States passed a massive $1.9…

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Gold heads for second monthly decline as U.S. yields rally

Gold inched higher after hitting a one-week low on Friday, but headed for a second straight weekly and monthly decline as brighter economic outlook and inflation fears propped up U.S.…

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Gold slips as strong U.S. Treasury yields dull appeal

Gold eased on Thursday as U.S. Treasury yields hovered near a one-year peak, tarnishing bullion's appeal, although a softer dollar and Federal Reserve Chair Jerome Powell's commitment to an accommodative…

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Gold prices inch higher

Gold gained on Wednesday, hovering close to a one-week high hit in the previous session, as a weaker dollar and remarks by Federal Reserve Chair Jerome Powell that the U.S.…

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Gold off 7-month low on dollar weakness, but yields weigh

Gold prices inched higher on Monday after hitting a more than seven-month low in the previous session, as support from a weaker dollar eclipsed pressure from firmer Treasury yields. Spot…

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Gold slips to over 7-month low

Gold prices fell to their lowest in more than seven months on Friday, on course for their worst week since the end of November, as rising U.S. Treasury yields eroded…

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Gold prices off 2-1/2-month low

Gold prices on Thursday clawed back from a 2-1/2-month low marked in the previous session, as U.S. Treasury yields retreated, lifting the non-yielding bullion's appeal. Spot gold was up 0.4%…

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Gold drops to near 2-week low

Gold prices extended losses for a fifth straight session on Wednesday, slipping to near two-week lows as soaring U.S. Treasury yields and a firmer dollar dented the bullion's appeal. Spot…

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Gold eases as dollar rises, still on track for best week in three

Gold eased on Friday as the dollar and Treasury yields edged higher, but prices were on course for their best week in three as hopes of more U.S. stimulus underpinned…

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Gold eases as soft inflation data dents appeal

Gold edged lower on Thursday as the dollar recovered and softer U.S. inflation data dampened the bullion's appeal as a hedge against inflation. Spot gold fell 0.3% to $1,835.99 per…

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Gold eases as yields tick up, but set for best week in five

Gold inched lower on Friday as U.S. Treasury yields ticked up, though bets of a large U.S. stimulus kept the metal on course for its best week in five. Spot…

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Gold scales 2-week high as dollar slips

Gold rose to a two-week high on Thursday as the dollar eased on hopes of further stimulus under the Joe Biden administration, although bullion's gains were limited by some profit…

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Gold gains as U.S. stimulus prospects weigh on dollar

Gold prices rose on Wednesday as expectations for a massive U.S. stimulus to help the world's largest economy recover from the coronavirus jolt bolstered bullion's appeal as an inflation hedge…

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Gold steadies as U.S. stimulus prospects offset firm dollar

Gold prices steadied after dropping to their lowest in 1-1/2 months on Monday, as prospects of a massive U.S. coronavirus relief aid outweighed a stronger dollar and lifted bullion's appeal…

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