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Gold Market Report Headlines

PRECIOUS-Gold firms on weak dollar, risk aversion

Gold prices edged higher on Friday as the dollar softened and risk aversion due to geopolitical events buoyed the safe-haven appeal of the metal. "Risk aversion is on the rise, mainly due to what's happening in the Middle East and also the news about China cracking down on some loans made overseas last

PRECIOUS-Gold steady, heads for third weekly fall

Gold held steady on Friday above a five-week low touched earlier this week, supported by technicals, but the metal was still on track for a third weekly fall. FUNDAMENTALS * Spot gold was nearly unchanged at $1,250.70 per ounce at 0053 GMT. It was set for a small weekly fall of about 0.3 percent, having eased about 1 percent in each of two preceding weeks. * U.S. gold futures for August delivery gained 0.2 percent to $1,2

PRECIOUS-Gold prices rise on weaker Treasury yields, easing dollar

Gold prices climbed on Thursday as an easing U.S. dollar flattened U.S. Treasury yields to their lowest in nearly a decade. FUNDAMENTALS * Spot gold had risen 0.5 percent to $1,251.91 per ounce at 0120 GMT. It rose 0.3 percent in the previous session, its largest intra-day percentage change since June 6. * U.S. gold futures for August delivery gained 0.6 percent to $1,253.10 per ounce. * The U.S. Treasury yield curve

PRECIOUS-Gold edges up on falling equities, easing dollar

Gold inched up on Wednesday after hitting its lowest in five weeks in the previous session, buoyed as equities fell and the dollar eased from one-month highs following a tumble in crude oil prices. A renewed slump in oil markets to seve

PRECIOUS-Gold edges up from five-week lows as equities fall

Gold inched up on Wednesday after hitting its lowest in five weeks in the previous session, buoyed as equities fell. FUNDAMENTALS * Spot gold had risen 0.2 percent to $1,245.30 per ounce by 0038 GMT, after dropping as far as $1,241 in the previous session. * U.S. gold futures for August delivery climbed 0.2 percent to $1,246.3 an ounce. * A renewed slump in oil prices to seven-month lows put Asian investors on edge on

PRECIOUS-Gold edges down to five-week low as dollar rallies

Gold inched down to a five-week low on Tuesday as the dollar rose following hawkish comments from an influential U.S. Federal Reserve official and dovish remarks from the Bank of England governor. New York Fed President William Dudley said on Monday that la

PRECIOUS-Gold hovers near 5-week low; political tensions support

Gold inched higher on Tuesday, supported by global political uncertainties, after touching a five-week low earlier in the session as a key U.S. Federal Reserve official reaffirmed the central bank's hawkish stance on interest rate hikes. Risk aversion due to Brexit, concerns over U.S. President D

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