Gold

Spot gold prices declined by 0.4 percent yesterday to close at $1127.1 per ounce as stronger U.S. economic reports renewed speculation about higher interest rates thereby hurting investor appetite in the haven asset. The Conference Board said its index of consumer confidence rose to 103.0 in September from a revised 101.3 in August. ...

Gold

Spot gold prices declined by 1.24 percent on Monday to close at $1131.7 per ounce extending Friday's losses ahead of a key U.S. jobs report later in the week that could boost bets the U.S. Federal Reserve will raise interest rates this year.

Prices extended Friday's declines made after Fed chair Janet Yellen said she expected to begin raising rates later in 2015. Several Fed officials are scheduled to speak this week, keeping the focus on U.S. monetary policy. Traders will also be closely monitoring economic data, including non-farm payrolls due on Friday, to gauge the strength of the economy. ...

Gold

Last week, Spot gold prices surged by 0.6 percent although strength in stocks and the dollar dampened a rally fueled by the Federal Reserve's decision last week to keep U.S. interest rates on hold.

Gold held in a narrow range earlier this month on uncertainty over whether the Fed would hike rates for the first time in nearly a decade. It rose sharply after the Fed shied away from a hike on Thursday, peaking at $1,141.50 the following day, but has now retreated below that level. ...

Gold

Spot gold prices rose by 0.48 percent on Wednesday to close at $1130 per ounce as possibility of Fed rate hike in the near term has been delayed while weak dollar also acted as a positive factor.

On the MCX, gold prices around 1 percent to close at Rs.26684 per 10 gms. ...

Gold

On Tuesday, spot gold prices declined by 0.75 percent to close at $1124.6 per ounce on strengthening dollar and renewed expectations that the Federal Reserve will raise U.S. interest rates for the first time in nearly a decade.

Weakness in other commodities also weighed on gold, which rallied last week after the Fed left rates at ultra-low levels, keeping a lid on the opportunity cost of holding non-yielding bullion. Gold failed to maintain those gains after a Fed official emphasized that a rise had only been postponed. ...

Gold

Spot gold prices lost its value by around 0.5 percent on Monday to close at $1133.1 per ounce as strength in stocks and the dollar dampened a rally fueled by the Federal Reserve's decision last week to keep U.S. interest rates on hold.

Gold held in a narrow range earlier this month on uncertainty over whether the Fed would hike rates for the first time in nearly a decade. It rose sharply after the Fed shied away from a hike on Thursday, peaking at $1,141.50 the following day, but has now retreated below that level. ...

Gold

Last week, Spot gold prices surged by 2.8 percent and touched one month high levels to close at $1139 per ounce as investors were cautious ahead of outcome of the Fed meeting to watch out for probable clues on timing of rate hike.

Also, a weaker dollar ahead of the Federal Reserve decision on rate hike buoyed upside. Besides, declining inflation further bolstered hopes the Federal Reserve would stand pat on interest rates, thereby supporting the yellow metal. Data showing that U.S. inflation unexpectedly fell for the first time in seven months in August. ...

Gold

Spot gold prices stood near one month highs and surged by 1.1 percent on Thursday to close at $1131.2 per ounce as a weaker dollar ahead of the Federal Reserve decision on rate hike buoyed upside. Besides, declining inflation further bolstered hopes the Federal Reserve would stand pat on interest rates, thereby supporting the yellow metal. Data showing that U.S. inflation unexpectedly fell for the first time in seven months in August. ...

Gold

Spot gold prices declined by 0.31 percent on Tuesday to close at $1105 per ounce as U.S. retail sales data lifted the dollar index, and as caution ahead of this week's Federal Reserve announcement on interest rates kept buyers on the sidelines.

The Fed meets on Wednesday and Thursday to discuss the timing of the first U.S. rate increase in nearly a decade, which could hurt gold prices. Speculation that a rate rise could come as early as this month has helped knock gold down 6 percent this year, but turbulence in the wider markets and fears of a slowdown in China have called the timing of the move into question. ...

Gold

Spot gold prices rose by 0.08 percent to close at $1108.4 per ounce on uncertainty ahead of a Federal Reserve policy meeting that will be scrutinized for clarity on when the U.S. central bank will raise interest rates.

On the MCX, gold prices rose marginally by 0.4 percent to close at Rs.26250 per 10 gms. ...

Gold

Spot gold prices traded lower last week as equities strengthened and the dollar firmed though prices remained hemmed into a narrow range ahead of next week's Federal Reserve meeting.

The gold market will be closely watching the U.S. central bank's next policy statement on Sept. 17 for clues on the timing of a U.S. interest rate rise. ...

Gold

Spot gold prices rose by half a percent on Thursday to close at $111.2 per ounce as European stocks snapped a three-day run of gains, but traders remained cautious as they awaited fresh clues on the timing of a U.S. rate hike.

Prices could fall further ahead of the U.S. Federal Open Market Committee (FOMC) meeting on Sept. 16-17. ...

Gold

Spot gold prices declined by 1.4 percent on Wednesday to close at $1105.7 per ounce as equities strengthened and the dollar firmed though prices remained hemmed into a narrow range ahead of next week's Federal Reserve meeting.

The gold market will be closely watching the U.S. central bank's next policy statement on Sept. 17 for clues on the timing of a U.S. interest rate rise. ...

Gold

Spot gold prices rose by 0.21 percent to close at $1121.4 per ounce as weakness in the dollar index helped the metal snap a four-day losing streak, but bullion remained close to 3-week lows as uncertainty over a looming U.S interest rate hike persisted.

Gold has failed to attract strong investor interest as a safe haven despite the recent weakness in stocks due to worries over the Chinese economy, showing that the metal is struggling to find direction outside U.S. monetary policy. ...

Gold

Spot gold prices declined by 0.31 percent on Monday to close at $1119.1 per ounce as stock markets firmed and the dollar steadied, and after U.S. payrolls data failed to provide clarity on the timing of a Federal Reserve rate hike.

Spot gold lost 1 percent last week and has fallen more than 5 percent this year, largely on expectations for a rise in U.S. interest rates. The Fed has already indicated that the timing of a hike is largely data-dependent. ...

Gold

Spot gold prices traded lower last week on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil. Global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate increase in nearly a decade.

Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, hitting global markets and increasing fears that the world's second-largest economy may be heading for a hard landing. ...

Gold

Spot gold prices declined by 0.78 percent on Thursday to close at $1124.9 per ounce as the dollar strengthened after the European Central Bank (ECB) cut inflation forecasts, while a U.S. jobs report that could provide clues on the timing of a Federal Reserve rate rise remained in focus.

The ECB left interest rates unchanged at record lows as expected, but lowered its forecasts for inflation and economic growth, citing a slowdown in emerging markets and weaker oil prices. ...

Gold

Spot gold prices fell by 0.5 percent on Wednesday to close at $1133.7 per ounce as rebound in the US stock market along with recovery in the market sentiments post steps by the PBoC to boost the flagging economy weighed on the safe haven demand of the yellow metal.

Also, strength in the dollar after U.S. private employers maintained a steady pace of hiring in August despite recent global financial market turmoil exerted pressure. ...

Gold

Spot gold prices rose by 0.5 percent on Tuesday to close at $1139.7 per ounce s the dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate increase in nearly a decade. ...

Gold

Spot gold prices rose marginally by 0.05 percent on Monday to close at $1134.1 per ounce bouncing up from session lows as oil prices rallied and the U.S. dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil. ...

Gold

Spot gold prices traded flat on Thursday to close at $1125.3 per ounce as prices headed for its biggest weekly rout since March, as upbeat U.S. growth and jobs data drove up stocks and the dollar, though uncertainty over the timing of a U.S. rate rise held losses in check. ...

Gold

Spot gold prices declined by 1.32 percent on Wednesday to close at $1125.2 per ounce on strengthening dollar and rising US equities while investors kept a close eye on China's efforts to support its economy.

Global stocks have lost more than $5 trillion since China devalued its currency on Aug. 11. ...

Gold

Spot gold prices plunged by 1.3 percent on Tuesday to close at $1140 per ounce after China’s efforts to stabilize its economy brought some respite to global markets post Monday sell off. China's central bank cut interest rates and reduced the amount of reserves banks must hold for the second time in two months on Tuesday amid a stuttering economy and a plunging stock market that has sent shockwaves around the globe. ...

Gold

Spot gold prices declined by 0.52 percent on Monday to close at $1154.7 per ounce as U.S. shares and other commodity markets staged a comeback while the white precious metals fell on concerns about the Chinese economy.

Worries about global deflation, however, would not bode well for gold, typically seen as a hedge against inflation. ...