Gold rises more than 1% on softer dollar
Gold futures advanced more than 1% in early European trading as the dollar weakened and oil prices slipped. Market participants also were reassessing the inflation and interest-rate outlook.
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Gold Rises on Softer Dollar and Cooling Oil
Gold prices climbed more than 1% to around $4,180 an ounce on Friday, reaching a one-week high as investors weighed a softer US dollar and retreating oil prices against the prospect of further Federal Reserve rate hikes. Oil prices pulled back following a recent rally after US President Donald Trump said Washington wou
Gold rises over 1% as oil prices cool and dollar softens
Spot gold gained more than 1% to $4,182.59 by 1200 GMT, after easing oil prices and a softer US dollar.
Gold rises more than 1% as dollar softens
Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.
Gold rises over 1% as dollar softens, oil cools
Spot gold gained 1.4% to $4,189.99 by 0842 GMT and was set for a weekly gain after a softer US dollar and cooling oil prices.
Gold rises more than 1% as dollar eases
Gold futures advanced in early European trade as the dollar softened and oil prices fell. Traders were also reassessing the inflation and interest-rate outlook.
Gold rises 1.4% as Fed outlook weighs
Spot gold gained 1.4% to $4,190.57 per ounce by 0630 GMT, with a softer US dollar and lower oil prices cited amid lingering inflation concerns and the Fed rates outlook.
Gold rises 1.1% as Fed outlook and dollar in focus
Spot gold gained 1.1% to $4,177.44 per ounce, with a softer US dollar, easing Treasury yields, and lower oil prices cited as supportive.
Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Global stocks fall as oil rises, Treasury yields extend gains
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Asia Morning Call: Nikkei rises 1.30%, US 10-year yield at 5.165%
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
Gold rises more than 2% on softer dollar, eased oil
Spot gold climbed 2.3% to $4,361.07/oz as a weaker US dollar and easing oil prices supported demand.
Gold rises 1% as softer dollar offsets easing oil and Fed hike
Spot gold was up 1.1% at $4,308.57/oz around 1022 GMT as a softer dollar and easing oil prices supported prices while investors assessed the latest Fed rate hike.
Gold rises over 1% as dollar softens, oil rally eases
Spot gold was up 1.2% at $4,312.05/oz at 0848 GMT after the dollar softened and easing oil prices supported the move as traders reassessed the Fed’s latest rate hike and outlook for further tightening.
European stocks edge up; Stoxx 50 set for weekly loss
European stocks edge higher as the Stoxx 50 rises 0.4% after five straight sessions down, with government bonds stabilizing and gold supported by a softer US dollar.
Gold Rises 9% in August
Gold prices surge over 9% in August on reduced pressure for US rate hikes