Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
MUMBAI/BENGALURU Physical gold demand was steady this week in most Asian centers as buyers hoped for further price dips amid growing appetite for riskier investments, while a slide in local rates failed to restore bullion's allure in India.
MUMBAI/BENGALURU The buying of physical gold remained muted across major Asian centres this week as higher prices dented demand, though seasonal demand could boost activity in top consumer China next month.
Gold prices nudged lower on Thursday, with investors taking profits after gains of nearly 1 percent in the previous session on weaker U.S. economic data and concerns among some Federal Reserve policymakers over lower inflation.
Gold edged lower on Thursday as upbeat U.S. economic data bolstered the possibility of the Federal Reserve raising interest rates next month and beyond.
MUMBAI/BENGALURU Demand for physical gold in Asia remained tepid this week as high prices kept buyers on the sidelines despite the start of the wedding season in India.
BENGALURU/MUMBAI Gold demand in India lost its steam this week as consumers held off after advancing purchases ahead of a new tax policy effective this month, while fresh buys in China too remained sluggish despite a slide in global spot prices.
BENGALURU Gold slipped on Thursday after minutes from the Federal Reserve's June meeting showed policymakers were split on the outlook for inflation and how it might affect the future pace of interest rate hikes.
BENGALURU Gold edged higher on Tuesday, supported by a ballistic missile test by North Korea and an easing dollar, but was still sitting near seven-week lows hit in the previous session.
Analysts have cut their forecasts for oil prices this year and next as the prospect of a continued large rise in U.S. production will likely slow OPEC's efforts to cut its output to help supply match demand, according to a Reuters poll.
Global prices of ferrochrome, used to make stainless steel, have tumbled to their lowest levels this year due to weaker demand from stainless steel mills in top producer China, according to traders in Asia and Europe.