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Gold dips below $1,170 despite Greek debt crisis

Last Updated: Tuesday, July 7, 2015, 10:06

Gold has so far failed to see significant safe-haven bids sparked by the ongoing Greek crisis as fears of contagion seem to be limited. Strength in the dollar has also capped gains. 

Fed may hike just once in 2015 as Yellen strikes less certain tone

Last Updated: Thursday, June 18, 2015, 20:18

The question of how quickly the Federal Reserve should raise rates is dividing normally like-minded policymakers at the U.S. central bank, pitting those who favor two hikes this year against a growing number of those who want to stop at just one.

Gold under pressure ahead of Fed as dollar firms

Last Updated: Wednesday, June 17, 2015, 08:37

The lack of sustainable safe-haven bids from the ongoing Greek debt crisis also dragged on prices.

Progress in monsoon, macro data to set market trend, Fed meet eyed

Last Updated: Sunday, June 14, 2015, 12:42

Federal Reserve's meeting during the week will be keenly eyed as investors will look for clues on the timing of an interest rate hike.

Gold hit by strong US data, but poised for weekly gain

Last Updated: Friday, June 12, 2015, 09:36

Gold clung to overnight losses on Friday, hurt by strong U.S. economic data that bolstered prospects of higher interest rates, but the metal looked set to snap a three-week losing streak on earlier gains from a softer dollar.

World Bank sees slower global growth, urges Fed to wait on rates

Last Updated: Thursday, June 11, 2015, 09:52

The World Bank on Wednesday cut its global growth outlook for this year and urged countries to "fasten their seat belts" as they adjust to lower commodity prices and a looming rise in U.S. interest rates.

IMF official warns of market disorder from Fed rate hike

Last Updated: Monday, June 8, 2015, 10:49

The International Monetary Fund`s deputy managing director warned on Monday that there is "considerable" risk for negative spillover from the U.S. Federal Reserve`s pending interest rate hike.

US job growth surges, wages push higher in May

Last Updated: Friday, June 5, 2015, 19:00

Nonfarm payrolls increased 280,000 last month, the largest gain since December, the Labor Department said on Friday.

Sturdy US jobs report boosts chances of Fed rate hike

Last Updated: Friday, June 5, 2015, 18:43

Nonfarm payrolls increased 280,000 last month, the largest gain since December, the Labor Department said on Friday.

Asian shares up on Greek rescue hopes, dollar shines

Last Updated: Thursday, May 28, 2015, 08:31

Japan`s Nikkei rose 0.6 percent while MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, with South Korean shares leading the gain with a rise of 0.5 percent.

Gold struggles near $1,200 on Yellen comments, robust dollar

Last Updated: Monday, May 25, 2015, 09:59

Spot gold had slipped 0.1 percent to $1,204.55 an ounce by 0335 GMT, close to $1,201.20, the metal`s lowest since May 13 reached in the previous session.

US Fed on track to hike rates as economic headwinds wane: Janet Yellen

Last Updated: Saturday, May 23, 2015, 09:25

The confident tone suggested the Fed wants to set the stage as early as possible for its first rate rise in nearly a decade, with Yellen stressing that monetary policy must get out ahead of an economy whose future looks bright.