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Gold Market Report Headlines

PRECIOUS-Gold shines as trade war fears rattle markets

Gold prices gained as much as 1 percent on Friday on a faltering dollar and equities as investors scurried to safety after U.S. President Donald Trump moved towards long-promised anti-China tariffs, prompting a strict response from China amid fears of a global trade war.

PRECIOUS-Gold at 2-wk high as dollar weakens, trade war fears loom

Gold prices rose to a two-week high early Friday on a softer dollar as investors scurried to safety after U.S. President Donald Trump took a step towards long-promised anti-China tariffs, stoking fears of a global trade war. FUNDAMENTALS * Spot gold climbed 0.7 percent to $1,337.16 per ounce at 0104 GMT. Prices touched their highest since March 7 at $1,338.99 and were on track for their best weekly performance since the week of Feb. 16. * U.

PRECIOUS-Gold up on faltering dollar after Fed comments

Gold prices edged higher on Thursday, adding to gains in the previous session on the back of a weaker dollar after the U.S. Federal Reserve disappointed investors expecting more hawkish comments on interest rate rises. FUNDAMENTALS * Spot gold rose 0.1 percent to $1,333.41 per ounce at 0030 GMT. Prices rose 1.6 percent in the previous session, the biggest one day percentage gain since May 17, 2017. * U.S. gold futures for April delive

PRECIOUS-Gold edges up as dollar dips, investors await rate hike outlook

Gold prices inched up on Wednesday as the dollar crept lower, while investors awaited the conclusion of U.S. Federal Reserve's two-day meet for clues on faster monetary tightening, expecting the first rate increase of the year later in the day. FUNDAMENTALS * Spot gold was up 0.1 percent at $1,311.72 per ounce, as of 0118 GMT. Prices hit a nearly three-week low in the previous session at $1,306.91. * U.S. gold futures for April delivery


Justice Department to ban bump stocks

WASHINGTON The Justice Department is proposing rule changes that will effectively ban bump stocks, devices that allow semi-automatic weapons to fire like a machine gun, U.S. Attorney General Jeff Sessions said on Friday.