· Gold prices rose on Friday and were on track to post a weekly gain, consolidating above $1,400 as renewed Sino-U.S. trade tensions amid global growth jitters and prospects of an interest rate cut by the U.S. Federal Reserve stoked safe-haven demand. Spot gold was up 0.6% at $1,411.67 per ounce as of 0728 GMT. Gold has risen nearly 0.9% so far this week. U.S. gold futures gained 0.3% to $1,411.30 an ounce. · “We have a slightly weaker U.S. dollar, tensions in the Middle East and once...

· Gold prices recouped losses to rise more than 1% on Wednesday as the dollar slid after U.S. Federal Reserve Chairman Jerome Powell fanned expectations of an interest rate cut, citing risks to the U.S. economy. Powell said concerns about trade policy and a weak global economy “continue to weigh on the U.S. economic outlook” and the Fed intended to “act as appropriate” to sustain a decade-long expansion. · Spot gold rose 1.2% to $1,414.60 per ounce as of 2:20 pm ET (1820 GMT)...

· Gold prices scaled a more than one-week peak on Thursday, as the dollar slipped after dovish remarks from the U.S. Federal Reserve Chairman Jerome Powell boosted the case for an interest rate cut later this month. Spot gold was up 0.4% at $1,424.21 per ounce as of 0337 GMT, after earlier hitting its highest since July 3 at $1,426. U.S. gold futures jumped 1% to $1,424.36. · “Last night’s move from the Fed is pretty convincing that they are going towards more of a risk management...

· Gold edged up on Tuesday after falling to a one-week low earlier in the session as investors used the drop in prices to buy the yellow metal with bullion holding a key technical level. · The focus was on the U.S. Federal Reserve Chair Jerome Powell’s two days of testimony on monetary policy before the U.S. Congress starting on Wednesday. · Spot gold rose 0.2% to $1,397.30 per ounce at 1:52 p.m. EDT (1752 GMT). Earlier, prices hit the session trough of $1,386.11, the lowest since...

· Gold prices eased on Wednesday as the dollar climbed higher on expectations of a less dovish U.S. Federal Reserve, ahead of a testimony from its Chairman Jerome Powell. Spot gold was down 0.4% to $1,392.50 per ounce as of 0410 GMT. U.S. gold futures slipped 0.4% to $1,394.90 an ounce. · “A stronger U.S. dollar is clearly weighing on gold prices. Overall, it appears that the markets are backing away from their more dovish stance given that we have important minutes being released by...

· Gold prices edged lower on Monday as increasing expectations that the U.S. Federal Reserve will not aggressively cut interest rates later this month boosted the dollar, making gold expensive for holders of other currencies. · Spot gold fell 0.2% to $1,396.56 per ounce at 01:44 p.m. EDT (1744 GMT). U.S. gold futures settled at $1,400 per ounce. · “With the strong jobs report the bets on 50 basis point rate cuts have dropped from almost 30% to 2%. The fact is that the runaway projections...

  Summarize: Latest: 8th July 2019 Reference: WGC ข้อมูลล่าสุด วันที่ 8 กรกฎาคม 2562 โดย สภาทองคำโลก ที่มา: World Gold Council

  Gold’s rally is temporarily exhausted, and prices are likely to remain range-bound until a new wave of bullish sentiment takes the metal towards the $1,500 level, according to TD Securities. Solid U.S. economic data will keep a lid on gold prices for the rest of the year with markets unable to price in an aggressively dovish Federal Reserve, strategists at TD Securities said on Monday. “For much of the next six months, gold investors will likely bet that the Fed will reduce rates —...

· Gold prices ticked lower on Tuesday as the dollar held near multi-week highs on reduced expectations of an aggressive U.S. rate cut, although softer share markets capped the metal’s losses. Spot gold was down 0.1% at $1,393.95 per ounce as of 0408 GMT. U.S. gold futures were down 0.2% at $1,396.50 an ounce. · “Weakness in gold prices is largely due to easing of rate cut expectations and bond yields are recovering. Markets continue to price in a 25 basis point cut but it looks...

· Gold slid as much as 2% on Friday and was set for its first weekly fall in seven weeks after data showed U.S. jobs growth rebounded strongly in June, which lowered the likelihood of an interest rate cut by the Federal Reserve this month. · Spot gold dropped 1.2% to $1,398.39 per ounce having hit a low of $1,386.52 earlier. The metal is set for a weekly decline of about 1%, which could be its biggest since mid-April. U.S. gold futures shed 1.4% to $1,400.90. · Nonfarm payrolls increased...

  Participants in the weekly Kitco News gold survey are shaking off Friday’s slump after strong U.S. jobs data, looking for the metal to bounce next week. They cited continuing expectations for U.S. rate cuts at some point in time, despite the jobs report, as well as gold’s technical-chart momentum prior to Friday’s pullback. “We expect the uptrend in gold [prior to Friday] to continue,” said Phil Flynn, senior market analyst with at Price Futures Group. “A shaky global economy...

· Gold prices rose on Monday, shaking off early losses to consolidate above the $1,400 pivot, as focus shifted to global growth concerns and interest rate cuts by major central banks. Spot gold was up 0.5% at $1,406.79 per ounce, as of 0721 GMT. U.S. gold futures climbed 0.6% to $1,408.90 an ounce. · Also helping gold, the dollar eased from multi-week highs and global stock markets were in red, helping the metal reverse course following a more than 1% fall on Friday after strong U.S. jobs...

· Gold prices eased overnight as investors locked in profits before this week's US non-farm payrolls data and as a rally in stock markets briefly halted the metal's recent strong run. · Spot gold was 0.3 per cent lower at $US1,414.21 an ounce. · US gold futures were down 0.2 per cent at $US1,417.40 an ounce. · "Investors are already very long on gold, but it has still not pushed to new highs," said ABN AMRO analyst Georgette Boele, adding the news flow was not enough to drive follow-up...

  After a strong rally, gold can still see solid gains in Q3 with lower interest rates creating the perfect environment for the metal to prosper, FXTM said in the latest report. “In a low-interest rate environment filled with chronic uncertainty, gold can climb another 5% over the course of Q3 - claiming the title as one of the high flyers among safe-haven assets, in competition with the Yen,” wrote FXTM research analyst Lukman Otunuga. If major central banks proceed with easing in the...

· Gold prices edged higher on Friday and were on track for a seventh consecutive weekly gain, as investors awaited U.S. employment data that could influence expectations about aggressive policy easing by the Federal Reserve. Spot gold was up 0.2% at $1,418.25 per ounce as of 0401 GMT, rising nearly 0.7% so far this week. U.S. gold futures were steady at $1,420.80 an ounce. · “We have a key event tonight for the global economy that is U.S. non-farm payrolls numbers. If they come in weaker...

· Gold steadied on Wednesday, paring gains from earlier in the session as a rally in equities took some shine off the non-yielding metal, while global growth concerns and bets for dovish monetary policy kept bullion supported. · Spot gold was lower at $1,416.15 per ounce, having earlier hit its highest level since June 25, at $1,435.99. U.S. gold futures rose 0.80% to $1,419.2. · Stemming gold’s upward momentum, the S&P 500 index hit a record high at the open as benchmark bond yields...

  Gold is looking ready to re-start its bull run after five years of “caged trading,” which means the yellow metal could be looking at retracing its path to 2013’s peak of $1,700 an ounce, according to Bloomberg Intelligence (BI). “Gold has worthy catalysts for price gains after five years of caged trading. It stands to be the primary beneficiary, absent a definitive U.S.-China trade accord that reverses accelerating global declines in sovereign-debt yields, rate-cut expectations...

· Gold prices inched up on Thursday, supported by a decline in U.S. Treasury yields amid prospects of an interest rate cut by the Federal Reserve, while investors sought direction from upcoming U.S. non-farm payrolls data. Spot gold was 0.1% higher at $1,419.23 per ounce, as of 0426 GMT. Prices touched $1,435.99 on Wednesday, their highest since June 25. U.S. gold futures ticked up 0.1% to $1,421.8 an ounce. · This is a market that expects interest rate cuts, mainly in line with expectations...

· Gold prices rose 1.5% on Tuesday, a day after posting the biggest one-day percentage fall in 2-1/2 years, as U.S. Treasury yields fell on worries over global growth and renewed concerns over global trade. Spot gold jumped 1.5% to $1,405.22 per ounce, after falling 1.8% on Monday, its biggest one-day percentage decline since November 2016. U.S. gold futures rose 1.37% to $1,408.3 an ounce. · “Gold is being supported by Trump’s comments regarding Sino-U.S. trade tensions and also...

· Gold prices climbed over 1% on Wednesday, driven by strong safe haven sentiment as hopes of a quick end to the U.S.-China trade row faded and a new trade front in Europe deepened concerns over tepid economic growth. Spot gold was up 0.7% at $1,427.64 per ounce at 0438 GMT, after earlier touching a one-week high of $1,435.99. U.S. gold futures were up 1.6% to $1,430.80 an ounce. · Extended weakness in global manufacturing data and U.S. trade protectionism looked poised to support bullion’s...