Gold inched up on Friday as optimism over U.S.-China trade talks pressured the dollar, but signs that the U.S. Federal Reserve could raise interest rates again this year kept prices below a 10-month high hit earlier this week.
Spot gold had risen 0.2 percent to $1,325.52 per ounce as of 0548 GMT. The metal was headed for a second straight weekly rise, up almost 0.4 percent this week.
U.S. gold futures were subdued at $1,328.1 per ounce.
The dollar index against a basket of six major...
Gold futures settled higher Friday as the dollar weakened, with bullion booking its second straight weekly gain, a day after the metal's largest one-day drop since August.
April gold finished up $5, or 0.4%, at $1,332.80 an ounce, which helped it produce a weekly gain of 0.8%, according to FactSet data. The advance for the metal and the broader commodity complex has come amid apparent progress in talks between the U.S. and major natural resource importer China. Meanwhile, the dollar, as...
Gold inched higher after posting the biggest decline in three months as investors awaited any signs of progress from trade talks between the U.S. and China.
Spot gold +0.1% to $1,325.46/oz at 7:37am in London. Prices -1.1% on Thursday, biggest drop since Nov. 9. Metal still heads for 4th weekly gain in five after hitting 10-month high on Wednesday. Bloomberg Dollar Spot Index little changed; -0.2% this week.
Other precious metals: Silver +0.3%. Platinum +1.1% to...
Gold futures edged lower Friday but remained on track to log a weekly gain a day after the largest their largest one-day drop since August.
Gold for April delivery on Comex was off $1.50, or 0.1%, at $1,326.30 an ounce, while March silver was up 1.9 cents, or 0.1%, to $15.82 an ounce. Gold remained on track for a 0.3% weekly rise, while silver is headed for a 0.5% gain.
In other metals trade, March copper was up sharply, rising 4.8 cents, or 1.7%, to $2.945 a pound.
March palladium rose...
EUR/USD remains within the broad consolidative theme in the second half of the week amidst scarce volatility and cautiousness over the outcome of the US-China trade talks.
EUR/USD looks to trade for direction
Spot remains sidelined at the end of the week and is tracking the generalized lack of direction in the global markets, while investors keep looking to headlines from the US-Sino trade talks in Washington, which are due to conclude today.
The shared currency stayed apathetic following...