Edition:
United States

Sumita Layek

PRECIOUS-Gold holds steady, dollar strength weighs on market

3:49am EST

* SPDR Gold Trust holdings rose 0.4 percent on Tuesday (Updates prices)

PRECIOUS-Gold prices inch higher as dollar softens

Dec 11 2018

* Specs trim net short positions in gold in week to Dec. 4 (Updates prices)

India rice rates slip; tough Chinese rules dent Vietnam exports

Dec 06 2018

BENGALURU Rice export prices fell a the second consecutive week in India on a weakening rupee and slow demand, while strict inspections from top consumer China muted exports from Vietnam.

PRECIOUS-Gold firm as uncertainty about U.S. rates saps dollar

Nov 19 2018

* Hedge funds hike net short positions (Recasts, updates prices and adds comments)

PRECIOUS-Gold hits one-week high as dollar softens; palladium near record

Nov 16 2018

* GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices)

PRECIOUS-Gold holds ground as dollar gains on Brexit turmoil

Nov 15 2018

* Silver moves up from multi-year lows of previous session * Further gains likely if gold holds above $1,210 - analyst (Updates prices and adds comments) By Sumita Layek BENGALURU, Nov 15 Gold held steady on Thursday as opposition within Britain's Conservative Party to a draft EU exit deal hit sterling and lifted the dollar , making bullion less attractive for holders of other currencies. Spot gold ,, which rose 1 percent in the previous session, was little changed at $1,211.19 per ounce at 1350 GMT, while U.S. gold futures were up 0.1 percent at $1,211.60 per ounce. Some safe haven demand flowed into gold, a traditional store of value during times of political and economic uncertainty, as stock markets declined. "There hasn't been any big geopolitical crisis... it is still a relatively mild kind of environment and from this point of view, you are better off in the U.S. dollar," SP Angel analyst Sergey Raevskiy said. Just over 12 hours after British Prime Minister Theresa May said that her top ministers had agreed to the draft deal, Brexit Minister Dominic Raab and Work and Pensions Minister Esther McVey quit, saying they could not support it. "Gold may be seeing some limited safe-haven buying interest from this matter. However, the situation is not a serious geopolitical factor for the world marketplace," Kitco Metals senior analyst Jim Wyckoff said in a note. The dollar has emerged as a dominant safe haven asset this year, denting appeal for gold, which has fallen 11 percent from an April peak, especially as the U.S.- China trade tussle played out against a backdrop of rising U.S. interest rates. U.S. consumer prices increased by the most in nine months in October amid gains in the cost of gasoline and rents, pointing to steadily rising inflation that will likely keep the Federal Reserve on track to raise rates again next month. In the latest developments surrounding the ongoing trade dispute, U.S. President Donald Trump is expected to meet Chinese President Xi Jinping at a G20 summit in Argentina this month. "If prices manage to remain above $1,210 there will be space for further recoveries, while another fall below the psychological threshold of $1,200 would represent a negative signal," ActivTrades chief analyst Carlo Alberto De Casa said. Also indicative of improved appetite for gold, holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust , remained near their highest level in more than two months, while central banks have also been gradually increasing their reserves of the metal, analysts said. Among other precious metals, silver was up 0.1 percent at $14.14 per ounce. The metal fell to $13.85 in the previous session, a level last seen on Jan. 21, 2016. Platinum fell 0.7 percent to $828.74 an ounce, while palladium was 0.2 percent higher at $1,126.00 per ounce. (Reporting by Sumita Layek and Arpan Varghese in Bengaluru; editing by David Evans and Alexander Smith)

PRECIOUS-Gold eases as dollar holds near multi-month high

Nov 14 2018

Nov 14 Gold prices fell on Wednesday as the dollar held near a multi-month high buoyed by interest from investors seeking cover from sliding stocks and by prospects for higher U.S. interest rates.

PRECIOUS-Gold edges back above $1,200 as dollar rally stalls

Nov 13 2018

* GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl (Recasts, updates prices and adds comments)

PRECIOUS-Gold falls to 1-month low as dollar soars

Nov 12 2018

* GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices)

PRECIOUS-Gold slips 1 pct as dollar rallies on hawkish Fed

Nov 09 2018

* Fed stands pat, but on track to gradually hike rates (Updates prices)

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