Gold Market Report Headlines

PRECIOUS-Gold rises to 1-week high as dollar holds steady

Gold prices hit their highest in a week on Thursday, as the dollar was on the defensive after tumbling in the previous session following the U.S. Federal Reserve's decision on interest rates. The Fed raised benchmark rates for the third time this year as widely expected, but maintai

PRECIOUS-Gold edges up as dollar holds steady

Gold inched up in early trade on Thursday as the dollar was nearly unchanged after tumbling in the previous session following the U.S. Federal Reserve's widely expected decision to raise interest rates, although it left the outlook on rates unchanged. FUNDAMENTALS * Spot gold was up 0.15 percent at $1,257.11 an ounce as of 0123 GMT, after rising nearly 1 percent in the previous session. * U.S. gold futures wer

PRECIOUS-Gold prices nearly flat ahead of Fed meeting outcome

Gold prices were almost unchanged on Wednesday after hitting their lowest in nearly five months in the previous session, with investors in 'wait-and-see' mode ahead of the outcome of a two-day meeting of the U.S. Federal Reserve. FUNDAMENTALS * Spot gold was steady at $1,243.10 an ounce at 0051 GMT, after marking its lowest since July 20 at $1,235.92 in the last session. * U.S. gold futures were up 0.3 percent at $1

PRECIOUS-Gold slightly higher ahead of Fed meeting

Gold was slightly higher in early trade on Tuesday, having shed half a percent in the previous session, ahead of the start of a two-day Federal Reserve meeting in the United States. FUNDAMENTALS * Spot gold was up about 0.1 percent at $1,242.72 an ounce by 0049 GMT, after losing 0.5 percent on Monday. * U.S. gold futures were 0.2 percent lower at $1,244.40. * The dollar index , which measures the greenba

PRECIOUS-Gold edges up; looming U.S. rate hike weighs on momentum

Gold prices ticked up amid a softer dollar on Monday, but lacked impetus to push higher weighed by expectations of an increase in interest rates in the United States. Spot gold was up 0.2 percent at $1,249.90 an ounce, as of 0751 GMT, after hitting its lowest since July 26 at $1,243.71 last we