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Gold firms on weak US data, China caution lingers

Last Updated: Tuesday, August 18, 2015, 09:17

Gold rallied to its highest since mid-July last week after Beijing`s mini-devaluation of the yuan, as analysts speculated that a weakening Chinese currency could prompt the Federal Reserve to postpone an expected rise in US interest rates.

Gold, silver rebound on global cues, jewellers buying

Last Updated: Friday, August 7, 2015, 15:44

Silver also recovered by Rs 330 to Rs 34,130 per kg on increased offtake by industrial units and coin makers.

Gold closes in on 5-1/2-year low as US rate worries weigh

Last Updated: Tuesday, August 4, 2015, 08:54

Gold dropped for a third session in four on Tuesday, closing in on a 5-1/2-year low, with selling pressure supported by expectations that the Federal Reserve is set to raise interest rates this year.

Gold dips on low demand, global cues

Last Updated: Monday, August 3, 2015, 15:00

Globally, gold shed 0.3 per cent to USD 1,092.14 an ounce and silver dropped 0.1 per cent to USD 14.76 an ounce in Singapore.

Gold extends weakness after worst month in 2 years

Last Updated: Monday, August 3, 2015, 08:25

Spot gold was down 0.2 percent at $1,092.80 an ounce by 0019 GMT. The metal fell as low as $1,079.50 on Friday before recovering at the close. That was near last month`s trough of $1,077, its weakest since February 2010.

Gold heads for longest weekly losing streak in 16 years

Last Updated: Friday, July 31, 2015, 08:42

Spot gold was up 0.1 percent at $1,088.86 an ounce by 0037 GMT, but not far above last week`s trough of $1,077, its lowest since February 2010. It was down nearly 1 percent for the week and 7 percent for the month.

Gold falls 1% as dollar rises on Fed rate expectations

Last Updated: Thursday, July 30, 2015, 20:50

Gold fell 1 percent on Thursday to a near a 5-1/2-year low as the dollar rose after data showed the U.S. economy improved in the second quarter, supporting views the Federal Reserve would lift rates by year-end.

Gold extends losses; down Rs 200 on global cues, low demand

Last Updated: Thursday, July 30, 2015, 15:58

Falling for the third straight day, gold prices tumbled by another Rs 200 to Rs 25,090 per ten gram at the bullion market today in line with a weakening global trend amid subdued demand from jewellers.

Gold hovers near 5-1/2-year low, Fed spurs Sept rate hike view

Last Updated: Thursday, July 30, 2015, 08:35

Spot gold was flat at $1,096.75 an ounce by 0036 GMT. It sank to as low as $1,077 last week, its weakest since February 2010.

Gold wedged below $1,100 ahead of Fed meeting outcome

Last Updated: Wednesday, July 29, 2015, 09:50

Gold steadied at just below $1,100 an ounce on Wednesday, trading not far from a 5-1/2-year low, as investors awaited the outcome of the U.S. Federal Reserve`s meeting for more clues on the timing of this year`s interest rate increase.

Gold tumbles Rs 190, hurt by low demand from jewellers

Last Updated: Tuesday, July 28, 2015, 15:27

Silver followed suit and declined by Rs 150 to Rs 34,050 per kg on reduced offtake by industrial units and coin makers.

Gold stuck near 5-1/2-year low as Fed hike looms

Last Updated: Tuesday, July 28, 2015, 08:27

The Federal Reserve begins a two-day meeting later in the day where policymakers are likely to signal further that a rate hike later in the year is certain as the U.S. economy strengthens.