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News

Gold attempts rebound as dollar stalls ascent

* Weekly jobless claims unexpectedly rise * Focus turns to Friday's jobs report * Palladium rises over 5% By Ashitha Shivaprasad July 7 (Reuters) - Gold rose on Thursday as a pause in the dollar's rally encouraged some investors to snap up bargains after two sessions of heavy losses that sent prices to a nine-month low. Spot gold XAU= was up 0.5% a
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Gold finds reprieve after selloff as dollar rally cools

* U.S. bond yields partially offseting softer dollar - analyst * Focus turns to Friday's jobs report By Arundhati Sarkar July 7 (Reuters) - Gold rose on Thursday as the dollar pulled back slightly and some investors scooped up bargains after two sessions of heavy losses that plunged prices below the crucial $1,800 level. Spot gold XAU= rose 0.4% to
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Gold prices firm as dollar rally takes a breather

* Gold prices hit lowest since late-September on Wednesday * Until the dollar tops, gold likely is a punt - analyst (Updates prices) By Bharat Gautam July 7 (Reuters) - Gold prices rose on Thursday from nine-month lows hit in the previous session, after a break in the dollar's rally alleviated pressure on bullion, but analysts warned that the relie
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Gold prices inch higher as dollar advance pauses

July 7 (Reuters) - Gold prices edged up on Thursday from nine-month lows touched in the previous session, after the dollar paused its rally, alleviating pressure on greenback-priced bullion. FUNDAMENTALS * Spot gold XAU= firmed 0.2% to $1,741.87 per ounce by 0100 GMT. U.S. gold futures GCv1 rose 0.2% to $1,739.80. * The dollar was flat near fresh 2
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Dollar rally saps gold's appeal as more Fed hikes loom

* Fed minutes back 50 or 75-basis-point hike later this month * Dollar continues to rise, hits two-decade high By Ashitha Shivaprasad July 6 (Reuters) - Gold extended its selloff to an over nine-month low on Wednesday hurt by a stronger dollar, while the Federal Reserve's June meeting minutes established a more "restrictive" monetary policy. Spot g
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