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Showing posts with the label TRADELINE LIVE COMMODITY GOLD NEWS UPDATE !!!www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8057690837

TRADELINE LIVE COMMODITY GOLD NEWS UPDATE !!!www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8057690837

PRECIOUS-Gold hits 6-month high on growth fears, stock volatility * Holdings in SPDR Gold Trust rose on Wednesday * Safe haven yen surges against dollar * Market awaits Fed Chair Powell views on Friday By K. Sathya Narayanan BENGALURU, Jan 3- Gold prices scaled a more than six-month peak on Thursday as worries about a global economic slowdown and volatility in equities boosted safe-haven buying, while a weaker dollar offered support.Spot gold touched its highest since June 15 at $1,290.09, and was trading up 0.3 percent at $1,288.43 per ounce at 0443 GMT.U.S. GCv1 were up about 0.5 percent at $1,290.20 per ounce. "The weaker dollar lent some support for gold. People are more interested in gold as the stock markets are under pressure and are looking at gold as a safe haven," said Peter Fung, head of dealing at Wing Fung Precious Metals in Hong Kong. ThE fell as much as 0.3 percent. The Japanese yen  also seen as a preferred asset during times of economic volatility,

TRADELINE LIVE COMMODITY GOLD NEWS UPDATE !!!www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8057690837

PRECIOUS-Gold hits 6-month high on growth fears, stock volatility * Holdings in SPDR Gold Trust rose on Wednesday * Safe haven yen surges against dollar * Market awaits Fed Chair Powell views on Friday By K. Sathya Narayanan BENGALURU, Jan 3- Gold prices scaled a more than six-month peak on Thursday as worries about a global economic slowdown and volatility in equities boosted safe-haven buying, while a weaker dollar offered support.Spot gold touched its highest since June 15 at $1,290.09, and was trading up 0.3 percent at $1,288.43 per ounce at 0443 GMT.U.S. GCv1 were up about 0.5 percent at $1,290.20 per ounce. "The weaker dollar lent some support for gold. People are more interested in gold as the stock markets are under pressure and are looking at gold as a safe haven," said Peter Fung, head of dealing at Wing Fung Precious Metals in Hong Kong. ThE fell as much as 0.3 percent. The Japanese yen  also seen as a preferred asset during times of economic volatility,

TRADELINE LIVE COMMODITY GOLD NEWS UPDATE !!!www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8057690837

PRECIOUS-Gold rises on safe-haven demand, equity rebound caps gains Holdings in SPDR Gold Trust rose 2 pct on Wednesday * GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl By Karthika Suresh Namboothiri Dec 27  - Gold rose on Thursday as global growth worries and volatility in stock markets boosted demand for the safe-haven metal, but gains were capped by a sharp rebound in equities.XAU= was up 0.2 percent at $1,268.87 per ounce as of 0600 GMT, after hitting its highest since June 19 at $1,279.06 in the previous session.U.S. GCv1 fell 0.1 percent to $1,271.8 per ounce. "Gold prices are primarily getting support on the back of safe-haven buying due to concerns about the health of the global economy and heightened volatility in risk assets," said Sugandha Sachdeva, vice president of metals, energy and currency research at Religare Broking Ltd.However, upbeat U.S. data and signs of easing trade tensions between Washington and Beijing limited demand for the metal.Robus