Gold held on to its losses from the previous session early on Friday, after the dollar rose on expectations of a rate hike by the US Federal Reserve this year.
FUNDAMENTALS
* Spot gold was flat at USD 1,339.30 an ounce at 0107 GMT, having fallen about 0.6 percent on Friday.
* US gold was down 0.4 percent at USD 1,345 an ounce.
* The US dollar rose 0.1 percent to 95.959 against a basket of currencies, while Asian stocks rose slightly in early Friday trade, taking a cue from Wall Street's records overnight.
* The US Fed is likely to raise interest rates in December, after the Nov. 8 presidential election, according to a Reuters poll that also predicted a pick-up in economic growth but with still relatively subdued inflation.
* The central bank should raise interest rates further this year, San Francisco Fed President John Williams said in an interview published on Thursday.
* Britain's decision to quit the European Union has already begun tipping its economy into a mild recession, according to economists in a Reuters poll, most of whom said the Bank of England would chop interest rates again in November.
* Market speculators betting on more monetary easing in China will probably be disappointed, state media Xinhua said in an editorial late Wednesday.
FUNDAMENTALS
* Spot gold was flat at USD 1,339.30 an ounce at 0107 GMT, having fallen about 0.6 percent on Friday.
* US gold was down 0.4 percent at USD 1,345 an ounce.
* The US dollar rose 0.1 percent to 95.959 against a basket of currencies, while Asian stocks rose slightly in early Friday trade, taking a cue from Wall Street's records overnight.
* The US Fed is likely to raise interest rates in December, after the Nov. 8 presidential election, according to a Reuters poll that also predicted a pick-up in economic growth but with still relatively subdued inflation.
* The central bank should raise interest rates further this year, San Francisco Fed President John Williams said in an interview published on Thursday.
* Britain's decision to quit the European Union has already begun tipping its economy into a mild recession, according to economists in a Reuters poll, most of whom said the Bank of England would chop interest rates again in November.
* Market speculators betting on more monetary easing in China will probably be disappointed, state media Xinhua said in an editorial late Wednesday.
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