Gold steady above $1,200 as June rate hike prospects dim

Last Updated: Thursday, May 21, 2015, 09:47

Gold was little changed above $1,200 an ounce on Thursday, as minutes from the Federal Reserve`s policy meet showed the U.S. central bank was unlikely to hike interest rates in June, in line with market expectations.

Gold hit by robust dollar, equities ahead of Fed minutes

Last Updated: Wednesday, May 20, 2015, 08:52

Gold struggled near its lowest in a week on Wednesday, holding steep overnight losses triggered by a stronger dollar and stock market, with traders now waiting for minutes of the Federal Reserve`s last policy meet for clues on the U.S. rate outlook.

Gold near three-month high on sluggish US data, dollar

Last Updated: Monday, May 18, 2015, 09:55

Gold was trading close to a three-month high on Monday, buoyed by a weaker dollar and more soft U.S. data that triggered hopes the Federal Reserve would not hike interest rates soon.

Sensex surges 218 points in early trade on positive global cues

Last Updated: Monday, May 11, 2015, 09:57

The 30-share barometer advanced 218.20 points, or 0.80 per cent, to 27,323.59, with all sectoral indices led by realty, metal and auto trading up to 1.51 per cent higher.

Gold extends losses on global cues; Silver stages recovery

Last Updated: Saturday, May 2, 2015, 14:43

Traders said weakening global trend where gold fell to a six-week low on mounting speculation that the Federal Reserve is moving closer to raising US interest rates mainly kept pressure on gold prices.

Gold, silver turns weak on sluggish demand, global cues

Last Updated: Friday, April 17, 2015, 14:04

Silver also turned weak and prices eased by Rs 100 to Rs 36,900 a kg due to reduced offtake by industrial units and coin makers.

Gold slips on firm dollar, US rate hike prospects

Last Updated: Tuesday, April 14, 2015, 00:26

Gold dropped for a fourth session in five on Monday, as the dollar firmed after fresh comments from Federal Reserve officials that the central bank could look at raising U.S. interest rates soon.

Gold regains Rs 27K-level on global cues, buying by jewellers

Last Updated: Saturday, April 11, 2015, 14:48

Increased buying by jewellers to meet wedding season demand helped the precious metal to recapture the crucial level.

Gold futures drop Rs 150 on weak global cues

Last Updated: Thursday, April 9, 2015, 12:01

Gold futures fell by Rs 150 to Rs 26,610 per 10 grams on Thursday as speculators reduced their exposures amidst a weak global trend.

Gold retreats from seven-week top as dollar bounces back

Last Updated: Wednesday, April 8, 2015, 08:28

Gold edged lower on Tuesday as the dollar recovered and global shares rose, but uncertainty about the timing of a U.S. interest rate increase kept bullion not far from a seven-week high above $1,200 an ounce.

Gold hits 7-week high as weak US jobs data dents rate hike hopes

Last Updated: Tuesday, April 7, 2015, 08:35

Gold rose to a seven-week high on Monday, climbing for the second straight session after U.S. jobs rose at the slowest pace in more than a year, fuelling expectations the U.S. Federal Reserve could postpone an anticipated rate increase.

Gold extends gains after US jobs disappoint

Last Updated: Monday, April 6, 2015, 09:15

Gold rose for a second straight session to trade near a three-week high on Monday, after U.S. jobs posted the slowest growth in more than a year, fuelling expectations the Federal Reserve could postpone an anticipated rate increase.