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TRADELINE LIVE GOLD NEWS UPDATE Gold hits near 12-week high as falling markets burnish appeal Oct 15 Gold prices jumped nearly 1 percent on Monday to hit a near 12-week high as Asian shares resumed their fall and investors grappled with the impact of the ongoing Sino-U.S. trade war and higher U.S. interest rates. Spot gold XAU= was up 0.9 percent at $1,228.24 an ounce, as of 0741 GMT. Prices hit a session high of $1,229.18 an ounce, a peak since July 26. U.S. gold futures GCcv1 were up 0.8 percent at $1,231.80 an ounce. "There is a huge change in sentiment when it comes to the yellow metal because it is playing the role of a safe-haven asset here. We see fund flows from the equity markets going into gold," Think Markets UK chief markets analyst Naeem Aslam said. "Gold at its current level is highly attractive given the uncertainty we have out there." "Gold is more appealing after the stock market crash. It has regained some of its safe-haven lure,"

TRADELINE LIVE GOLD NEWS UPDATE Gold hits near 12-week high as falling markets burnish appeal Oct 15 Gold prices jumped nearly 1 percent on Monday to hit a near 12-week high as Asian shares resumed their fall and investors grappled with the impact of the ongoing Sino-U.S. trade war and higher U.S. interest rates. Spot gold XAU= was up 0.9 percent at $1,228.24 an ounce, as of 0741 GMT. Prices hit a session high of $1,229.18 an ounce, a peak since July 26. U.S. gold futures GCcv1 were up 0.8 percent at $1,231.80 an ounce. "There is a huge change in sentiment when it comes to the yellow metal because it is playing the role of a safe-haven asset here. We see fund flows from the equity markets going into gold," Think Markets UK chief markets analyst Naeem Aslam said. "Gold at its current level is highly attractive given the uncertainty we have out there." "Gold is more appealing after the stock market crash. It has regained some of its safe-haven lure,"

TRADELINE LIVE GOLD NEWS UPDATE PRECIOUS-Gold steady as dollar takes a breather Oct 10 Gold prices held steady on Wednesday as expectations of more U.S. interest rate increases pressured demand, although the metal drew some support from the dollar coming off a seven-week high. "Some people seem to be expecting a decent snap back in prices but the combination of decent (U.S.) data revisions and inexorable tightening has still got gold on the defensive for now," said Nicholas Frappell, global general manager, ABC Bullion, Australia. "The recent revisions to jobs data has underscored the upward pressure on U.S. rates and FOMC (The Federal Open Market Committee) policy choices." The dollar slipped further from seven-week highs on Wednesday although underlying support for the greenback remained strong amid a confluence of factors, including a strong U.S. economy and a steady path for rate hikes by the Federal Reserve. USD/ U.S. President Donald Trump on Tuesday again

TRADELINE LIVE GOLD NEWS UPDATE PRECIOUS-Gold prices rise on softer dollar, Italy budget woes Oct 3 Gold prices touched a one-week high on Wednesday as the dollar softened and demand for the safe-haven metal got a boost on concerns surrounding Italy's plans to tackle budgetary deficit. Risk appetite was hit after European Union (EU) officials expressed concerns about Italy's budget plan, which would widen the deficit significantly. The deficit blowout revived fears of the eurozone debt crisis. However, the debt fears were tempered on reports that Italy will cut its budget deficit at a faster pace than expected. GLOB/MKTS Spot gold XAU= was up 0.2 percent at $1,205.66, as of 0505 GMT. Earlier in the session, the bullion touched a one-week high of $1208.31. It gained 1.3 percent on Tuesday in its biggest one-day percentage gain since Aug. 24. U.S. gold futures GCcv1 climbed 0.2 percent to $1,209.50 an ounce. www.tradelinecommodity.com India's No.1mcx Tips Provider