· Gold prices eased on Friday, but were headed for their best week this year supported by expectations of an interest rate cut by Federal Reserve and heightened global trade conflicts, while investors await U.S. jobs report due later in the session. Spot gold was down 0.2% at $1,332.31 per ounce, as of 0122 GMT, while U.S. gold futures were down 0.4% at $1,337 an ounce. However, gold has gained 2.1% so far this week and is set to post its best weekly percentage gain since early-December. ...

· Gold prices pared earlier gains on Wednesday, having jumped to their highest in 15 weeks as nagging fears about global trade and expectations of a U.S. interest rate cut encouraged investors to flock toward bullion. · Spot gold was up 0.4% at $1,329.57 per ounce. The metal had earlier soared as much as 1.4% to $1,343.86, within striking distance of a 10-month peak at $1,346.73 scaled on Feb. 20. · U.S. gold futures settled up 0.4% at $1,333.60 an ounce. · “Powell’s speech yesterday...

· Gold prices edged higher on Thursday, hovering below the 15-week high hit in the previous session, supported by trade worries and a possible U.S. rate cut, even as some investors locked in profits in bullion after a recent rally. Spot gold was up 0.3% to $1,333.58 per ounce as of 0727 GMT, after hitting its highest level since Feb. 20 at $1,343.86 on Wednesday. U.S. gold futures rose 0.3% to $1,337.20 an ounce. · “In the longer run, gold is going to sustain this bull run. We are looking...

· Gold on Tuesday steadied below a three-month peak on news China was open to negotiating a resolution of its trade dispute with the United States, while rising expectations that the U.S. Federal Reserve will cut interest rates provided underlying support. China’s commerce ministry on Tuesday urged dialogue and negotiation to solve trade differences with the United States. Spot gold was steady at $1,325.29 per ounce, after touching its highest since Feb. 27 at $1,328.98 earlier in the...

· GOLD TECHNICAL ANALYSIS Gold prices have stalled at resistance in the 1323.40-26.30 area. A daily close above it would expose the late-February swing top at 1346.75 next. Initial support is in the 1303.70-09.12 region, with a turn back below that setting the stage to challenge rising trend line support at 1275.98. · Gld finally broke out of its Asian session consolidation phase and spiked to near 3-1/2 month tops, around the $1335 level in the last hour. After yesterday's two-way price action...

· Gold climbed more than 1.5% on Monday to its highest level in more than three months on concerns that U.S.-Chinese trade tensions and Washington’s threat of tariffs on Mexico would hurt the global economy. · Spot gold climbed 1.4% to $1,323.62 per ounce, after rising as much as 1.6% to its highest price since Feb. 28 at $1,325.72. U.S. gold futures settled up 1.28% at $1,327.90 an ounce. · “There are concerns still surrounding the trade wars, whether it be surrounding the tariffs...

· Gold prices edged up on Tuesday, hovering near a three-month high hit in the previous session, as global slowdown worries driven by trade conflicts amid expectations of a U.S. interest rate cut stoked investors towards the safe-haven bullion. Spot gold was up 0.2% at $1,326.85 per ounce, as of 0703 GMT, after touching its highest since Feb. 27 at $1,327.90 in the previous session. U.S. gold futures were up 0.3% at $1,331.30 an ounce. · “Weak sentiment around the breakdown in U.S.-China...

· Gold climbed to a seven-week high on Friday, and was headed for its first monthly gain in four weeks, as investors scurried into the safe-haven bullion following Washington’s shock threat of tariffs on Mexico, which heightened fears of a global downturn. · Spot gold jumped 1.1% to $1,302.62 an ounce, having hit its highest since April 11 at $1,304.24. · Bullion has risen by about 1.5% so far this month and is also on track for a second consecutive weekly gain, advancing by about 1...

  Wall Street and Main Street look for gold to maintain its newfound upward momentum next week, based on the weekly Kitco News gold survey. In the last survey, Main Street and Wall Street were both bullish. As of 11:21 a.m. EDT, they were right, with Comex August gold futures were trading up 1.3% for the week so far at $1,305.60 an ounce. Phil Flynn, senior market analyst with at Price Futures Group, sees gold benefitting further from some of the same factors boosting the metal as this week winds...

· Gold prices rose on Monday to their highest in more than two months as heightened Sino-U.S. trade tensions and Washington’s threat of tariffs on Mexico stoked worries of a global recession and drove investors to seek refuge in safe-haven bullion. Spot gold was up 0.5% at $1,312.37 per ounce at 0308 GMT, after touching its highest since March 27 at $1,312.60. U.S. gold futures rose 0.5% to $1,317.50 an ounce. · “We are seeing a lot of traditional safe-haven hedging ... coming...

· Gold shook off headwinds from a stronger dollar to scale a near two-week peak on Thursday as data pointed to easing inflationary pressure in the United States, boosting expectations of a further interest rate cut by the Federal Reserve. · Spot gold gained 0.6% to $1,287.80 per ounce, having hit a high of $1,288.87 earlier, its highest since May 17. · The metal reversed course from earlier in the session, when it fell to its lowest level since May 23 at $1,274.44. · U.S. gold futures settled...

· Gold prices rose on Friday, heading towards their first monthly gain since January on increased safe-haven demand, after U.S. President Donald Trump vowed to levy tariffs on all Mexican imports, ratcheting up concerns of a global economic slowdown. The new threat of tariffs on Mexico, coupled with a string of soggy economic data from the United States this month and the long-drawn Sino-U.S. trade war, also translated into increased bets that the U.S. Federal Reserve could cut interest rates...

· Gold prices rose alongside other safe-haven assets overnight as the trade rift between the United States and China showed no sign of cooling, with investors fearing a global economic slowdown. · Spot gold rose 0.2 per cent to $US1,281.30 per ounce and US gold futures settled up 0.3 per cent at $US1,281. · "It is not just the trade war but the status of US, Chinese and the European economies and Brexit hanging around there.In this kind of environment, investors and corporations are not...

· Gold prices inched down on Thursday as bonds rallied and the dollar hovered near a two-year high, negating the support from an increasingly bitter Sino-U.S. trade dispute that rekindled doubts about global economic growth. Spot gold was down 0.1% at $1,277.71 per ounce, as of 0312 GMT. U.S. gold futures edged 0.3% lower to $1,276.70 an ounce. · “Investors look like they prefer U.S Treasuries as a safe haven for now, evident by the inverted U.S yield curve,” Howie Lee, an economist...

· Gold overnight slipped from the previous session's one-week peak, pulled down by a firm US dollar as the currency was the preferred safe-haven amid uncertainty over US-China trade tensions. · Spot gold fell 0.5 per cent to $US1,278.12 per ounce, having touched its highest since May 17 at $US1,287.32 in the previous session. US gold futures settled down 0.5 per cent at $US1,277.10 per ounce. · "The most important force in the market at the moment is the US-China trade tensions and once...

· Gold prices firmed on Wednesday as signs of an escalating trade war made investors risk averse, but a buoyant dollar capped the metal’s upside. Spot gold was up 0.2% at $1,281.59 per ounce, as of 0607 GMT. In the previous session, the metal slipped from a 1-week peak of$1,287.32 hit on Monday but bounced off a support at around $1,275. U.S. gold futures were up 0.3% at $1,280.80 an ounce. · Safe-haven assets were seen in demand as investors fretted over the global growth outlook after...

· Gold prices touched a more than one-week high on Monday as fears of a protracted U.S.-China trade war hurt risk sentiment, while poor economic data from the United States bolstered bets of a U.S. Federal Reserve rate cut. · The metal touched $US1,287.32 earlier in the session, its highest level since May 17. · US gold futures were 0.1 per cent higher at $US1,284.40 an ounce. · The US markets were closed for a public holiday. · “Gold has really reversed earlier losses as risk appetite...

· Gold prices inched lower on Tuesday, dropping for the first time in four sessions, as the dollar rebounded from multi-week lows amid simmering Sino-U.S. trade tensions and as bullion failed to surpass a strong technical resistance. Spot gold was down 0.2% at $1,282.86 per ounce, as of 0702 GMT, after touching its highest since May 17 at $1,287.32 in the previous session. U.S. gold futures were down 0.1% at $1,281.80 an ounce. · “The price action in gold has been a little bit disappointing...

· Gold steadied on Friday, after rising more than 1% in the previous session en route to a weekly gain, propped up by a weaker dollar and expectations for a U.S. interest rate cut, offsetting pressure from a rebound in equities. · Spot gold was little changed at $1,283.58 per ounce. Prices rose as much as 1.1% to a one-week peak of 1,287.23 on Thursday. The metal has risen about 0.5% so far this week. U.S. gold futures settled $1.80 lower at $1,283.60. · Underpinning gold, the dollar moved...

  Gold investors may be frustrated with the precious metal’s listless performance, as the price has been struggled to hold on to recent gains but they are not ready to throw in the towel just yet. Sentiment remains unequivocally bullish in the short term as both Wall Street analysts and Main Street investors expect to see higher prices in the near term, according Kitco News’ Weekly Gold Survey. The bullish call comes as gold prices remain trapped in a narrow trading range, with critical support...