2017 May

Gold holds firm near one-month highs as geopolitical concerns support

Gold held steady early on Tuesday as easing Asian stock markets and geopolitical concerns helped the yellow metal hover close to one-month peaks. Gold Bar Price. Spot gold rose 0.1 per cent to $1,268.36 per ounce at 0105 GMT. US gold futures were flat at $1,267.80 an ounce. Greece bailout The

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Australian gold output slumps 8 per cent in Q1 due to cyclone, rain

  Heavy rains and a cyclone led to an 8 percent, or six-tonne drop in Australian gold production in the first quarter, a survey released on Sunday showed.   Heavy rains and a cyclone led to an 8 percent, or six-tonne drop in Australian gold production in the first quarter,

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Gold holds steady as dollar slips after Fed minutes

Gold held steady on Thursday to keep most of its gains from the previous session, with the dollar slipping after minutes of the US Federal Reserve's last policy meeting downplayed the chance of more aggressive interest rate hikes. The minutes showed policymakers agreed they should hold off on raising interest

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Gold steady following Manchester blast; US political woes support

Manchester Gold was steady on Tuesday with investors staying on the sidelines following an explosion in the English city of Manchester that left at least 19 people dead and over 50 injured. The explosion occurred at the end of a concert by US singer Ariana Grande on Monday, in what

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Gold prices dip as Asian stocks gain.

  Gold prices edged lower on Monday as Asian stocks gained, although political worries surrounding US President Donald Trump are expected to keep supporting appetite for the metal as a so-called safe-haven asset. Trump was hit on Friday by embarrassing leaks that a senior adviser was a “person of interest”

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Gold turns lower after biggest rally since Brexit vote

Gold fell on Thursday as a bounce in the dollar prompted some buyers to cash in gains after its biggest one-day rally in nearly a year, though uncertainty over the outlook for the Trump presidency underpinned the metal near two-week highs. Gold surged nearly 2 percent on Wednesday, its biggest

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Gold edges up as dollar eases on weak US data

  Gold prices inched higher early on Tuesday, with the dollar easing after weak US manufacturing data dented expectations of an aggressive string of interest rate hikes by the US Federal Reserve. Spot gold was up 0.1 percent at $1,231.06 per ounce at 0057 GMT. On Monday, t touched its

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Gold & Silver futures – weekly outlook: May 15 – 19

Gold prices were higher on Friday to end the week little changed as the weaker dollar boosted demand for the precious metal. Gold for June delivery settled up 0.37% at $1,228.7 on the Comex division of the New York Mercantile Exchange. The dollar weakened after data on Friday showed that

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Gold firm on euro strength after Macron wins French elections

Gold edged up on Monday on bargain-hunting after dipping to a seven-week low earlier in the session and as the euro strengthened after pro-EU candidate Emmanuel Macron won the French presidential election. Spot gold rose 0.3% to $1,230.88 per ounce as of 0401 GMT, after touching 1,224.86 earlier in the

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Gold on track for steepest weekly drop since November

The precious metal is down 3.2 per cent over the week to $1,227.87 a troy ounce, after touching its lowest level in 7 weeks on Thursday. Gold is now set for its third consecutive week of declines. Diminishing demand for haven assets has been a key factor for declining gold

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