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Sumita Layek

PRECIOUS-Gold hits 3-week high as Fed stalls 2019 rate hikes; palladium scales new peak

9:25am EDT

March 21 Gold prices rose to a three-week high on Thursday, after the U.S. Federal Reserve abandoned plans to raise interest rates for the year, while a cut in its U.S. growth forecast exacerbated worries of a global economic slowdown.

Palladium surges to record, while gold reclaims $1,300/oz

Mar 15 2019

Palladium soared to a record high on Friday as news that Russia is considering a temporary ban on the export of precious metals scrap fed into fears of a supply shortfall this year.

PRECIOUS-Palladium surges to record, while gold reclaims $1,300/oz

Mar 15 2019

* Dollar on track for biggest weekly loss since early December

Gold dips 1 percent as no-deal Brexit fears fade, dollar rises

Mar 14 2019

Gold fell more than a percent on Thursday, slipping below $1,300 for a second time this month, as fears of a no-deal Brexit faded and the dollar gained versus the pound ahead of a vote to extend the deadline for Britain's exit from the European Union.

PRECIOUS-Gold falls off $1,300/oz perch on stronger dollar, stocks

Mar 14 2019

* British lawmakers vote on whether to delay Brexit later in day

PRECIOUS-Gold hits 2-week high as investors seek refuge from Brexit chaos

Mar 13 2019

March 13 Gold rose to a near two-week peak on Wednesday, holding above the key $1,300 mark as uncertainty over Britain's exit from the European Union drove investors to safe haven assets.

PRECIOUS-Gold gains as dollar wilts on mixed CPI data; Brexit vote eyed

Mar 12 2019

March 12 Gold rose on Tuesday, supported by a dip in the dollar after U.S. consumer prices registered their smallest annual gain in nearly 2-1/2 years.

PRECIOUS-Gold edges lower as equities recover, dollar steadies

Mar 11 2019

March 11 Gold slipped on Monday after failing to break decisively above resistance at $1,300 per ounce in the previous session, as equity markets regained some ground and the dollar steadied near a three-month peak.

PRECIOUS-Gold breaches $1,300/oz as weak U.S. jobs data dents dollar

Mar 08 2019

* Palladium, platinum eye biggest weekly fall since Nov, Aug respectively

Palladium hits record high on strike threat; gold steady

Feb 25 2019

Palladium hit a new record high on Monday as the threat of strikes in the South African mining industry raised fresh concerns about a supply deficit for the metal, while gold held steady as the dollar slipped on signs of a U.S.-China trade deal.

World News

Trump says time for U.S. to recognize Israeli sovereignty over Golan

U.S. President Donald Trump said on Thursday it was time to back Israeli sovereignty over the Golan Heights that Israel seized from Syria in 1967, marking a dramatic shift in U.S. policy and giving a boost to Israeli Prime Minister Benjamin Netanyahu in the middle of his re-election campaign.