Amy Caren Daniel

PRECIOUS-Gold logs best week since May as inflation fears grow

Nov 12 2021

* SocGen sees gold prices averaging $1,950/oz in 1Q22 (Updates prices)

Asia Gold-Price rise caps activity in Asian hubs, India flips to discount

Nov 12 2021

Nov 12 Physical gold demand in major Asian hubs stalled this week as higher prices kept buyers at bay, while the precious metal was offered at a discount in India after festival buying diminished.

PRECIOUS-Gold nears 5-month peak as inflation worries boost appeal

Nov 11 2021

Nov 11 Gold prices neared a five-month high touched in the previous session, after strong U.S. consumer price data prompted a rush into the precious metal seen as a hedge against inflation.

PRECIOUS-Gold falls on stronger dollar as U.S. inflation data looms

Nov 10 2021

Nov 10 Gold prices fell on Wednesday as the dollar firmed and yields rose ahead of U.S. inflation data that could help investors gauge the path of the Federal Reserve's monetary policy.

PRECIOUS-Gold steadies near 2-month high as U.S. inflation data in focus

Nov 09 2021

Nov 9 Gold prices held near a two-month high on Tuesday, drawing support from lower U.S. yields in the run-up to data that could shed more light on the U.S. inflation picture.

PRECIOUS-Gold eases from 2-month peak as yields tick higher

Nov 08 2021

Nov 8 Gold prices slipped from a two-month high on Monday pressured by rising U.S. yields, although expectations that key central banks will keep interest rates low in the near term limited losses of the non-yielding asset.

PRECIOUS-Gold set for weekly gain as c.banks hold fire; U.S. jobs data in focus

Nov 05 2021

Nov 5 Gold prices were on track to end the week higher, as the non-yielding metal's appeal was boosted by major central banks standing pat on interest rates, with focus now shifting to a monthly U.S. jobs report due later in the day.

PRECIOUS-Gold jumps 1% as Fed signals patience on rate hikes, BoE holds fire

Nov 04 2021

Nov 4 Gold prices jumped 1% on Thursday after the Federal Reserve indicated it would be patient on raising interest rates and as the Bank of England defied expectations of more hawkish policy.

PRECIOUS-Gold rises as yields slip, Fed signals patience on rate hikes

Nov 04 2021

Nov 4 Gold prices gained on Thursday as U.S. Treasury yields eased after the Federal Reserve announced a widely anticipated tapering of its monthly bond purchases and indicated it would be patient on raising interest rates.

PRECIOUS-Gold hits three-week low as nerves build before Fed decision

Nov 03 2021

Nov 3 Gold prices slid to their weakest level since mid-October on Wednesday, as investors feared the Federal Reserve might signal a faster-than-expected tapering of its pandemic-era stimulus measures at the end of its policy meeting.

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