Gold Price Sinks, Platinum -11% in 4 Weeks as Stocks Up, Vix Down to Record, US Fed 'Pencils In' Rate Hike - BullionVault

GOLD PRICES sank to 8-week lows against a rising Dollar on Friday as yesterday's fresh all-time highs in global equities were followed by US data showing joblessness in the world's largest economy falling to a fresh 16-year low. "I have penciled in a ...

Gold Falls On Higher US Wages, Low Unemployment - Fox Business

Gold prices extended losses to a two-month low on Friday, after U.S. government data showed the unemployment rate fell and worker wages increased in September. Continue Reading Below. Gold for December delivery was recently down 0.5% at ...

Gold steadies above two-month low ahead of US jobs data - gulfnews.com

London: Gold steadied above a two-month low on Friday ahead of hotly anticipated US payrolls data, but stayed on track for a fourth straight weekly loss as the dollar rose to its highest in more than seven weeks. The metal is facing its longest run of ...

Gold hits two-month low as US data lifts dollar, Treasury yields - Zee Business

Gold slid to two-month lows on Friday as an upbeat reading of the U.S. unemployment rate and wage growth last month supported expectations for a further U.S. interest rate hike in December, pushing the dollar and Treasury yields higher. Traders looked ...

Gold Prices Hit Fresh 2-Month Lows as Dollar Strengthens - Investing.com

Investing.com - Gold prices dropped to fresh two-month lows on Friday, as the U.S. dollar rallied following the release of a mixed U.S. employment report that included an encouraging rise in wages. Comex gold futures were down $4.86, or about 0.38%, ...

Gold Down, Hits 2-Mo. Low; Jobs Data Hints Fed Rate Hike Coming - Kitco News

(Kitco News) - Gold prices are moderately lower and have dropped to a two-month low in early U.S. trading Friday. The U.S. jobs report was just released and the hourly wage and labor components of the report suggest rising inflationary pressures, which ...

Gold lower, heads for fourth straight weekly loss - MarketWatch

Gold extended early losses Friday, leaving the lead futures contract on track for a weekly loss, after a reported September decline in U.S. hiring was largely chalked up to the impact of massive storms. Still, the jobs report, which included a mixed ...

Global gold prices suffer longest losing streak of 2017 - Livemint

Bullion steadied at $1,268.41 an ounce, after falling to a two-month low on Thursday. Photo: Reuters. Gold prices are poised to drop for a fourth week, the longest streak of losses this year, after hawkish comments from US Federal Reserve officials, ...

iFOREX Daily Analysis : October 06,2017 - Investing.com

The US Dollar was trading significantly up against other major currencies with the US Dollar Index (USDX) which is a basket of currencies against the US Dollar closing up by 0.50% as multiple economic data from the US was better than expected. The ...

Gold hits 2-month low as dollar gains ahead of US jobs data - Hindu Business Line

Gold hit its lowest in nearly two months in range-bound trade on Friday, as the dollar climbed to a more than seven-week high ahead of key US jobs data later in the day. Spot gold was unchanged at $1,267.71 an ounce at 0705 GMT, after hitting its ...

Gold demand to remain weak as investors ignore geopolitical risks - Economic Times

By Aasif Hirani It is a known fact that there is an inverse relation between US dollar and gold. The relationship is because falling dollar increases the value of other countries currencies. This increases the demand for commodities including gold.

Gold Prices Slip Near 2-Month Lows ahead of NFP Report - Newsline

Investing.com – Gold prices slipped near two-month lows on Friday, as demand for the U.S. dollar strengthened amid rising optimism over the outlook for the economy and as traders awaited a key U.S. jobs report due later in the day. Comex were down $2 ...

Price of Gold Fundamental Daily Forecast- Bearish NFP Report Could Trigger Plunge Through $1268.90 - FX Empire

Gold prices fell to a new low for the week on Thursday in reaction to a stronger U.S. Dollar which rose against a basket of currencies after another day of better-than-expected economic data. Losses were limited by position-squaring and general worries ...

PRECIOUS-Gold hits 2-mth low as dollar gains ahead of US jobs data - Reuters

... * Spot gold set for 4th straight weekly decline * U.S. nonfarm payrolls due at 1230 GMT * Spot gold may slide to $1,260/oz - technicals (Adds comment, updates prices) By Apeksha Nair Oct 6 (Reuters) - Gold hit its lowest in nearly two months in ...

Gold prices remain steady - Indiainfoline

Gold remained steady during early trade on Friday ahead of key US job data with prices trimmed as the US dollar stood firm near a seven-week high. Article saved successfully to my page. You must be Logged in to save article. A + a - 0. Open FREE Demat ...

Gold edges higher on bargain-hunting after correction - Business Recorder (press release) (blog)

LONDON: Gold ticked higher on Thursday as some speculators bet that a slide from last month's peak had run its course as they waited for more clues on whether US interest rates would be raised. Gold has rowed back about 6 percent since touching ...

Gold stable - The News International

Gold held within a tight trading range on Thursday as the dollar held firm on strong U.S. services sector growth, with markets awaiting the key U.S. non-farm payrolls report on Friday. Spot gold was steady at $1,274.11 an ounce at 0655 GMT. U.S. gold ...

Renewed Dollar Strength Creates Strong Headwinds for Gold - Kitco News

According to the Federal Reserve, the process is called quantitative normalization. This is a process by which the Fed reverses the actions and the net effect of the actions taken during the protracted period of quantitative easing. These actions ...

Gold dips as strong data lifts $US - Business News

Gold has dipped after strong US economic data lifted the dollar and underlined expectations that US interest rates would be hiked. Spot gold dropped 0.34 per cent at $US1,270.01 an ounce by 2.11 pm Thursday EDT (0511 Friday AEDT), while US gold ...

Gold falls as stocks, dollar strengthen - Xinhua

CHICAGO, Oct. 5 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday as stocks and the U.S. dollar strengthened. The most active gold contract for December delivery edged down 3.60 U.S. dollars, or 0.28 ...