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Gold eyes worst week in five as strong US data fuels Fed hike view Gold eyes worst week in five as strong US data fuels Fed hike view
Gold was stuck near recent lows on Friday and was on track to post its biggest weekly drop in five as strong U.S. economic data backed the case for a near-term increase in interest rates.
Gold falls for 4th day as US data boosts stocks, dollar Gold falls for 4th day as US data boosts stocks, dollar
Spot gold was down 0.5 percent at $1,119.35 an ounce at 1345 GMT, and US gold futures for December delivery were down $5.30 an ounce at $1,119.30.
Gold price extends weakness, dips below Rs 27,000 on global cues Gold price extends weakness, dips below Rs 27,000 on global cues
Tracking a weak overseas trend and slackened demand from jewellers at prevailing levels, gold continued its losing streak for the third straight day and tumbled by Rs 380 to Rs 26,650 in the national capital Thursday.
Gold falls on dollar, investors monitor China, Fed policy Gold falls on dollar, investors monitor China, Fed policy
Gold slipped one percent on Wednesday as the dollar gained and European shares recouped some of their losses, while investors closely monitored China`s efforts to support its economy.
Gold, silver extend loss on weak global cues; easing demand Gold, silver extend loss on weak global cues; easing demand
Tracking a weakening trend overseas and fall in demand from jewellers at prevailing levels, gold prices drifted for the second straight day by losing another Rs 330 to Rs 27,030 per ten grams at the bullion market Wednesday.
Gold struggles even as equities drop further after China rate cut Gold struggles even as equities drop further after China rate cut
Gold slipped on Wednesday, struggling to draw buyers even as Asian stocks fell further despite China`s latest policy easing with investors remaining wary of a near-term hike in U.S. interest rates.
Spooked investors seek other havens over gold, for now Spooked investors seek other havens over gold, for now
As a broad rule, bullion tends to benefit from stock market weakness as an alternative asset, but previous equity crashes show the initial price response can be to fall.
Gold price retreats from 3-month high, halts 2-week rally on global cues Gold price retreats from 3-month high, halts 2-week rally on global cues
Snapping its two-week winning streak, gold prices on Tuesday retreated from three-month high by falling Rs 215 to Rs 27,360, tracking a weak global trend amid fall in demand from jewellers at prevailing levels.
Gold holds below seven-week high as dollar, equities recover Gold holds below seven-week high as dollar, equities recover
Gold hovered below a seven-week high on Tuesday as equity markets and the U.S. dollar rebounded from a brutal selloff in the prior session that was fuelled by fears over the fate of the Chinese economy.
Gold at fresh 3-month high on seasonal demand, silver weakens Gold at fresh 3-month high on seasonal demand, silver weakens
However, silver met with resistance at prevailing levels and traded lower by Rs 300 to Rs 36,300 per kg.
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