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Spot Gold

Gold holds above $2,000 mark on safe-haven demand; Fed meet in focus

Gold holds above $2,000 mark on safe-haven demand; Fed meet in focus

Mon, Oct 30, 2023

Gold prices hit $2,009.29 an ounce on Friday, surpassing the key psychological $2,000 level for the first time since mid-May, as investors piled into safe-haven bullion.

Gold rate today (May 15, 2023): Yellow metal futures hover near Rs 61,000 as dollar strengthens

Gold rate today (May 15, 2023): Yellow metal futures hover near Rs 61,000 as dollar strengthens

Mon, May 15, 2023

Gold rate today (May 15, 2023): On MCX, gold futures (June 5) were flat at Rs 60,872 per 10 grams.

Gold rate today (May 12, 2023): Precious metals trade under pressure after US PPI inflation data release

Gold rate today (May 12, 2023): Precious metals trade under pressure after US PPI inflation data release

Fri, May 12, 2023

Gold rate today (May 12, 2023): On MCX, gold futures (June 5) was down by 0.17 per cent or Rs 102 at Rs 60,790 per 10 grams. Here's what analysts suggest.

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Gold steady as dollar slips ahead of Janet Yellen's speech

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

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 steady as markets await US interest rate hike clues

Gold steady as markets await US interest rate hike clues

Wed, Aug 24, 2016

Gold was trading in a narrow range on Wednesday as investors waited for clues on whether the US Federal Reserve would hike interest rates this year.

Gold edges lower for third day on uncertainty of US rate hike

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

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 falls on hawkish US Fed rate comments

Gold falls on hawkish US Fed rate comments

Fri, Aug 19, 2016

Gold fell for the first time in five sessions early on Friday as hawkish comments from US Federal Reserve officials renewed bets on a US rate hike this year. Fundamentals: * Spot gold was down 0.3% at $1,348.26 an ounce at 0103 GMT.

Gold rises for second day as US rate hike expectations cool

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

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.

Gold edges up in early trade, set for third straight weekly gain

Gold edges up in early trade, set for third straight weekly gain

Fri, Jun 17, 2016

Spot gold was up 0.2% at $1,281.30 an ounce at 0107 GMT. Bullion, which has risen 0.7% this week so far, fell 1% on Thursday to notch up its biggest one-day loss since May 24.

Gold inches up but lingers near three-week lows on US Fed rate views

Gold inches up but lingers near three-week lows on US Fed rate views

Mon, May 23, 2016

Bullion has been under pressure since the Fed released the minutes of their April meeting last week that showed officials believe the US economy could be ready for another interest rate increase next month.

Gold heads for biggest weekly drop in eight weeks on Fed rate outlook

Gold heads for biggest weekly drop in eight weeks on Fed rate outlook

Fri, May 20, 2016

New York Fed President William Dudley said on Thursday there was a strong sense among the central bank officials that markets were underestimating the probability of policy tightening and that the Fed was on track for a rate hike in June or July.

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