Gold hit by strong US data, but poised for weekly gain

Last Updated: Friday, June 12, 2015, 09:36

Gold clung to overnight losses on Friday, hurt by strong U.S. economic data that bolstered prospects of higher interest rates, but the metal looked set to snap a three-week losing streak on earlier gains from a softer dollar.

Gold edges up on softer dollar, uncertainty over Greece

Last Updated: Saturday, May 30, 2015, 09:49

Gold edged up on Friday from the previous day`s 2-1/2-week low, supported by a softer dollar and uncertainty over Greece`s debt talks, but remained under pressure from expectations U.S. interest rates might rise soon.

Gold steadies off two-week low as dollar rally loses steam

Last Updated: Thursday, May 28, 2015, 09:05

Gold was steady after initially falling to a two-week low on Wednesday, as the dollar retreated from a one-month high, but the precious metal remained under pressure from expectations that a U.S. rate increase may come soon.

Gold futures retreat 0.51%, in line with global trend

Last Updated: Tuesday, May 26, 2015, 13:11

Gold prices for delivery in June contracts fell by Rs 138, or 0.51%, to Rs 27,023 per 10 grams in business turnover of 3,439 lots in futures trading at the Multi Commodity Exchange.

Gold struggles near $1,200 on Yellen comments, robust dollar

Last Updated: Monday, May 25, 2015, 09:59

Spot gold had slipped 0.1 percent to $1,204.55 an ounce by 0335 GMT, close to $1,201.20, the metal`s lowest since May 13 reached in the previous session.