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Gold Market Report Headlines

PRECIOUS-Gold prices inch down as global political tensions ease

Gold prices edged down early on Friday as global political tensions eased, but expectations for rising inflation supported demand for the safe-have asset. FUNDAMENTALS * Spot gold was down 0.1 percent at $1,344.20 an ounce at 0044 GMT, while U.S. gold futures fell 0.2 percent to $1,346.60 per ounce. Spot gold is also down 0.1 percent so far this week. * U.S. President Donald Trump said on Wednesday he hoped a summit with North

PRECIOUS-Gold gains as metals rally sparks inflation concerns

Gold prices rose for a fifth straight session, buoyed by a rally in base metals that has fuelled concerns of inflationary pressures, with lingering U.S.-China trade tensions lending further support to the precious metal. Spot gold had risen 0.3 percent to $1,353.22 per ounce by 0749 GMT, wh

PRECIOUS-Gold flat, dollar up on higher U.S. yields

Gold prices were flat early Thursday while the dollar stayed firm helped by higher long-term U.S. Treasury yields, though lingering U.S.-China trade tensions kept the greenback's gains in check. FUNDAMENTALS * Spot gold was flat at $1,348.80 per ounce at 0058 GMT, while U.S. gold futures fell 0.1 percent to $1,352 per ounce. * The dollar index , which measures the greenback against a basket of currencies, was up about 0.

PRECIOUS-Gold slips as dollar steadies on positive U.S. data

Gold prices slipped early Wednesday while the dollar held its gains on the back of upbeat March U.S. housing starts and industrial production figures. FUNDAMENTALS * Spot gold fell 0.2 percent to $1,344.20 per ounce at 0107 GMT, while U.S. gold futures for June delivery dipped 0.2 percent to $1,347.50 per ounce. * The dollar index , which measures the greenback against a basket of currencies, was little changed at 89.556

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U.S. Treasury chief may visit China as trade tensions simmer

WASHINGTON U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could ease tensions between the world's two largest economies, as international policymakers acknowledged Beijing needs to change its trade practices.