April 4 Gold prices hit one-week highs on
Tuesday, buoyed by a weaker dollar and as investors turned to
safe-haven assets on worries over geopolitical tensions.
* Spot gold had risen 0.3 percent to $1,255.96 per
ounce by 0058 GMT, while U.S. gold futures were up 0.4
percent at $1,258.40.
* Investor appetite for risk has been dulled this week by a
number of factors, such as caution ahead of the upcoming meeting
between U.S. President Donald trump and Chinese President Xi
Jinping and a suspected suicide bombing in St. Petersburg,
* A measure of U.S. manufacturing activity retreated from a
2-1/2 year high in March amid a decline in production and an
inventory drawdown, but a surge in factory jobs indicated that
the sector's energy-led recovery was gaining momentum.
* Factories across Europe and much of Asia posted another
month of solid growth in March, rounding off a strong quarter
for manufacturers, even though exporters fear a rise in U.S.
protectionism could snuff out a global trade recovery.
* From bank runs to credit crunches, regulators and
investors are asking French banks about their preparations for
any market ructions that might be caused by Marine Le Pen faring
better than expected in the presidential election, banking
* Global debt rose to 325 percent of the world's gross
domestic product in 2016, totalling $215 trillion, an Institute
for International Finance report released on Monday showed,
boosted by the rapid growth of issuance in emerging markets.
* Holdings of SPDR Gold Trust , the world's largest
gold-backed exchange-traded fund, climbed 0.53 percent to 836.77
tonnes on Monday from 832.32 tonnes on Friday.
* South Africa's Harmony Gold said on Monday a
labour court had declared the ongoing wildcat strike at its
Kusasalethu mine "unprotected" and required employees, who
downed tools two-weeks ago, to return to work.
* German precious metals group Heraeus said on
Monday it had taken full control of Swiss gold and silver
* West Africa-focused Avocet Mining Plc named
Boudewijn Wentink as its new chief executive officer with
immediate effect, as it seeks to refinance and restructure the
DATA AHEAD (GMT)
0900 Euro zone Retail sales Feb
1230 U.S. International trade Feb
1345 U.S. ISM-New York index Mar
1400 U.S. Factory orders Feb
(Reporting by Nallur Sethuraman in Bengaluru; Editing by Joseph