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Gold rises to 1-week high on weaker dollar, geopolitical worries

Gold rises to 1-week high on weaker dollar, geopolitical worries

Tue, Apr 04, 2017

"The data overnight gave some joy to gold investors. Weaker-than-expected numbers are supporting the view that the U.S. Federal Reserve is not going to raise rates more than a couple of times this year," ANZ analyst Daniel Hynes said.

Gold steady ahead of Fed meeting, expected U.S. rate rise

Gold steady ahead of Fed meeting, expected U.S. rate rise

Tue, Mar 14, 2017

Signs of an uptick in inflation and continued strength in the U.S. jobs market is expected to convince the Fed to hike rates when the meeting concludes on Wednesday. The bank will release a statement at 1800 GMT that day followed by a briefing at 1830 GMT.

Gold edges up on Europe political risk, but US rate outlook drags

Gold edges up on Europe political risk, but US rate outlook drags

Mon, Mar 13, 2017

Gold prices inched up on Monday on safe-haven demand ahead of elections in Europe, moving further away from 5-week lows touched late last week in expectation of an imminent rise in U.S. interest rates.

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Gold retreats from late 2016 highs on dollar recovery

Gold retreats from late 2016 highs on dollar recovery

Tue, Jan 24, 2017

"Regardless of Trump, the main story for gold is negative interest rates in the U.S. We are not expecting the Fed to raise rates in March and it`s just going to be two hikes and that`s roughly priced in to the market," said Dominic Schnider of UBS Wealth Management in Hong Kong.

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