News
Gold firms on softer dollar, hopes of US-Iran talks resuming
1+ day, 3+ hour ago (360+ words) April 14 (Reuters) - Gold prices "gained more than 1% on Tuesday as the U. S. dollar weakened, while "hopes of a resumption in U. S. -Iran talks also supported prices by easing inflation concerns. Spot gold was up 1. 5% at $4, 808. 69 per ounce by 11: 31 a. m. ET (1531 GMT). U. S. gold futures…...
Gold gains over 1%, spotlight on US-Iran ceasefire and CPI data
6+ day, 20+ hour ago (336+ words) April 9 (Reuters) - Gold prices gained over 1% on Thursday as a "weaker U. S. dollar lent support, while investors assessed the durability of a fragile ceasefire between Washington and Tehran and awaited U. S. Consumer Price Index data. Spot gold was up 1. 7% at $4, 796. 50 "per ounce…...
Gold rises as dollar weakens and Middle East tensions persist
1+ week, 18+ min ago (399+ words) April 9 (Reuters) - Gold rose on Thursday as the U. S. dollar weakened, with investors assessing a "tenuous ceasefire between the U. S. and Iran as fighting in the Middle East continues, while looking ahead to key U. S. inflation data amid price pressures. Spot gold was…...
The vehement volatility of gold
1+ week, 1+ day ago (233+ words) KITCO The vehement volatility of gold Mr. Baillie began an extensive career in banking and financial services ranging from the Banque Nationale de Paris in retail banking services to Barclays Bank as a corporate research analyst to a former position…...
Gold rises as dollar and oil soften; investors focused on Middle East
1+ week, 2+ day ago (399+ words) April 7 (Reuters) - Gold prices gained "on Tuesday, as the dollar softened and oil prices fell, while investors remained "focused on any signs of progress to bring an end to the U. S. -Israeli war on Iran. Spot gold was up 0. 6% at $4, 674. 19 per…...
Gold extends gains on softer dollar; focus remains on Iran war
2+ week, 22+ hour ago (379+ words) April 1 (Reuters) - Gold rose for a fourth straight session to nearly a two-week peak "on Wednesday as the U. S. dollar slipped, while traders focused on the war in the Middle East and its implications for global monetary policy. Spot gold was…...
Gold gains for second straight session, yet set for monthly fall
2+ week, 3+ day ago (293+ words) March 30 (Reuters) - Gold rose for a second straight session on Monday "as safe-haven demand picked up, although prices were headed for a monthly decline as the Middle East conflict sparked inflation concerns and expectations of higher global interest rates. Spot…...
Gold falls over 2% on fading hopes for interest rate cuts this year
3+ week, 3+ hour ago (288+ words) March 26 (Reuters) - Gold prices fell more than 2% on Thursday, as "crude prices once again rose above the $100 mark, reigniting concerns of rising inflation, with investors mostly pricing out any chance of U. S. interest rate cuts this year. "This dynamic is being…...
Gold up more than 1% as uncertainty over Middle East war persists
3+ week, 23+ hour ago (228+ words) March 25 (Reuters) - Gold rose more "than 1% on Wednesday, buoyed by a drop in oil prices that eased "inflation worries and tempered expectations for interest rate hikes, even as uncertainty surrounding the Middle East conflict lingered. "We will need to see…...
Itochu, JOGMEC invest to support expansion of South African platinum mine
3+ week, 2+ day ago (266+ words) Itochu and the Japan Organization for Metals and Energy Security increased their investment in a Japanese consortium that holds a stake in South Africa's Platreef platinum group metals mine to support its expansion, they said on Monday. JOGMEC invested $89. 4 million…...