SPOT - Latest News on SPOT | Read Breaking News on Zee News

Gold edges lower as dollar cuts losses after US data

Last Updated: Friday, May 22, 2015, 13:39

Spot gold was down 0.3 percent at $1,205.28 an ounce by 2:43 p.m. EDT (1843 GMT), while U.S. gold futures for June delivery settled down 0.4 percent at $1,204.10 an ounce.

Gold demand slows as China eyes equities; lack of weddings in India weighs

Last Updated: Friday, May 22, 2015, 11:32

Demand will not pick up now as there are no festivals or weddings in the next three months or so.

Gold futures ease 0.32% as global cues stay weak

Last Updated: Thursday, May 14, 2015, 12:19

Globally, gold traded USD 1,214.46 an ounce in early trade today in Singapore.

Gold near five-week high as soft US data eases rate hike fears

Last Updated: Thursday, May 14, 2015, 10:06

Spot gold ticked 0.2% lower,but remains near a five-week high of $1,218.80.

Gold struggles below $1,200 as dollar firms

Last Updated: Tuesday, May 12, 2015, 09:48

Spot gold was little changed at $1,183.93 an ounce by 0320 GMT, after losing 0.3 percent on Monday.

Gold holds near $1,185/oz ahead of US payrolls data

Last Updated: Friday, May 8, 2015, 18:34

Spot gold was up 0.2% at $1,186.46 an ounce at 0952 GMT, while U.S. gold futures for June delivery were up $3.70 an ounce at $1,185.90.

Gold extends gains on sluggish US data, safe-haven demand

Last Updated: Wednesday, May 6, 2015, 10:56

Spot gold rose 0.3 percent to $1,196.36 an ounce by 0346 GMT, bringing it near the key $1,200 level.

Gold retains losses as Fed says soft U.S. economy only transitory

Last Updated: Thursday, April 30, 2015, 06:57

Gold retained losses from overnight on Thursday, as the Federal Reserve characterised the recent slowdown in the U.S. economy as only transitory, not ruling out an interest rate hike this year.

Gold up 1 percent on soft dollar after weak U.S. Data

Last Updated: Wednesday, April 29, 2015, 01:34

Gold rose 1 percent on Tuesday after disappointing U.S. data hit the dollar and dampened expectations that the Federal Reserve will hint at this week`s policy meeting at an interest rate hike in coming months.

Gold clings on near $1,200 ahead of Fed meeting

Last Updated: Tuesday, April 28, 2015, 07:44

Gold clung to sharp overnight gains on Tuesday, bolstered by a weaker dollar and short-covering on rising expectations the Federal Reserve will not hint at a June rate hike at its policy meeting this week.

Vested interests trying to scuttle proposed settlement: NSEL

Last Updated: Tuesday, April 14, 2015, 22:04

Crisis-hit National Spot Exchange (NSEL), which is being probed several agencies for Rs 5,600 crore alleged scam, Tuesday said vested interests are trying to scuttle its proposed settlement plan to resolve this issue.

Gold slips as dollar gains, US rate hike worries drag

Last Updated: Monday, April 13, 2015, 13:26

Gold dropped for a fourth session in five on Monday as the dollar firmed, backed by expectations the Federal Reserve may be on course to raise US interest rates soon.