Gold pares gains as equities firm

Gold pares gains as equities firm

Gold pared gains overnight, having risen 1 per cent earlier in the session, pressured by an advance in Wall Street, but escalating tensions between the United States and China kept the bullion supported. Spot gold rose 0.2 per cent to $US1,712.35 per ounce by 1821...
Gold pares gains as equities firm

Gold dips to two-week low on recovery talk

Gold fell overnight to its lowest price in two weeks as the easing of coronavirus restrictions around the world fed optimism that the global economy could rebound. Spot gold eased 0.1 per cent to $US1,709.50 per ounce by 1707 GMT. The session low was 1,693.22, its...
Gold pares gains as equities firm

Gold falls 1% as risk appetite firms

Gold fell by more than 1 per cent overnight as major economies further eased coronavirus-linked restrictions, fuelling hopes for economic recovery and bolstering risk appetite. Spot gold slipped 1.1 per cent to $US1,710.95 per ounce by 1741 GMT, having earlier hit a...
Gold pares gains as equities firm

Gold prices dip on profit-taking

Gold eased overnight in holiday-thinned trade as some investors took profits, though lingering US-China tensions and extensive stimulus measures by governments worldwide limited decline. Spot gold fell 0.3 per cent to $US1,728.55 per ounce by 1758 GMT. US gold futures...
Gold pares gains as equities firm

Gold firms as US-China spat helps demand

Gold prices will start the week higher after intensifying US-China tensions compounded fears of a slow recovery in a global economy already reeling from the coronavirus pandemic. Spot gold rose 0.6 per cent to $US1,735.08 per ounce by 1743 GMT Friday, after falling...