2015 September 07

Gold struggles near 2-1/2-week low on U.S. jobs data

Gold extended losses into a fourth straight session on Monday, struggling near a 2-1/2-week low after U.S. payrolls data failed to provide clarity on the timing of a Federal Reserve rate hike. FUNDAMENTALS Spot gold dropped 0.3 percent to $1,118.73 an ounce by 0040 GMT. The metal had fallen to

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China SGE August Gold Deliveries Phenomenal

August is always a weak month for physical gold moving through China’s Shanghai Gold Exchange – or rather it has been up until now. The big months for SGE withdrawals are normally at the beginning and the end of the year ahead of The Chinese New Year holidays, while trading

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