Gold price slips after Fed minutes boost rate rise expectations

Gold fell more than one percent on Wednesday as the dollar hit a new three-week high following minutes of the U.S. Federal Reserve`s last policy meeting that bolstered expectations that the central bank could soon raise interest rates.

 

 US jobless claims hit more than 1-year high; import prices rise

US jobless claims hit more than 1-year high; import prices rise

The number of Americans filing for unemployment benefits unexpectedly rose last week to the highest level in more than a year, raising further concerns about the health of the labor market in the wake of a slowdown in job gains in April.

Obama, Fed chief discuss growth, Wall Street reform

Obama, Fed chief discuss growth, Wall Street reform

President Barack Obama and Federal Reserve chair Janet Yellen discussed the outlook for economic growth and progress from Wall Street reform during a meeting Monday, the White House said.

Asia shares inch up as oil surges, dollar slips

Aiding risk sentiment were minutes of the Fed`s last meeting which showed many members reluctant to hike further in the face of global uncertainty.
 

Dollar near 17-month low vs yen after Japan PM's currency comments

Abe told the Wall Street Journal that countries should avoid seeking to weaken their currencies with "arbitrary intervention."

Gold retains 2-day losing streak on U.S. rate view, fund outflows

Gold failed to get a lift from a softer dollar.

Gold extends losses after robust US jobs report

Gold extends losses after robust US jobs report

 Gold extended losses on Monday after a better-than-expected U.S. jobs report signalled strength in the economy and stoked speculation the Federal Reserve could raise interest rates soon.

RBI intervenes via state-run banks to curb rupee's rise, traders say

RBI intervenes via state-run banks to curb rupee's rise, traders say

The Reserve Bank of India has intervened aggressively to curb the rupee`s strength as it struck three-month highs, two traders said on Thursday, estimating that the central bank had bought around $1 billion since Wednesday.

Dovish Fed sends Sensex soaring 438 points, Nifty above 7,700-mark

Dovish Fed sends Sensex soaring 438 points, Nifty above 7,700-mark

The 50-share NSE Nifty reclaimed the 7,700-mark by gaining 138.20 points or 1.82 percent to 7,735.20.

Cautious Yellen drives world stocks near 2016 peaks

World stocks climbed near the highest levels this year on Wednesday as investors rowed back expectations for how fast and how far US  interest rates might rise, bruising the dollar and boosting sovereign bonds. 

Gold falls Rs 46 in futures trade as weak global cues hurt

Gold falls Rs 46 in futures trade as weak global cues hurt

Gold prices were down by Rs 46 to Rs 28,697 per 10 grams in futures trade today as participants cut down their holdings, largely in line with a weak trend overseas.

Hong Kong, Shanghai stocks rally after Yellen comments

Shares in Hong Kong and Shanghai rallied in the first few minutes of trade Wednesday after comments from Federal Reserve chief Janet Yellen suggested US interest rates would remain unchanged into the second half of the year.

US consumer spending tepid, inflation moderates

 US consumer spending rose marginally in February and overall inflation retreated, suggesting the Federal Reserve could take its time in raising interest rates this year despite a tightening labor market.

 US consumer spending tepid, inflation moderates

US consumer spending tepid, inflation moderates

US consumer spending rose marginally in February and overall inflation retreated, suggesting the Federal Reserve could take its time in raising interest rates this year despite a tightening labor market

Gold prices down 0.15% in futures trade

At the Multi Commodity Exchange, gold for delivery in April shed Rs 43, or 0.15 percent, to Rs 28,898 percent 10 grams, in a business turnover of 888 lots.

Fed's Lacker says he is confident inflation will return to 2%

Fed's Lacker says he is confident inflation will return to 2%

US inflation is likely to accelerate in coming years and move toward the Federal Reserve`s 2 percent target, Richmond Fed President Jeffrey Lacker said on Monday, flagging upside risks to price growth

Fed's Lacker says he is confident inflation will return to 2 percent

US inflation will likely accelerate in coming years and move toward the Federal Reserve`s 2 percent target, Richmond Fed President Jeffrey Lacker said on Monday.

US stocks jump amid rising oil

US stocks extended a recent rally as the Federal Reserve decision and rising oil prices continued to drive the stock market.

Gold extends losses on robust U.S. data, higher stocks

Gold dipped for a second session on Wednesday as global equities and the dollar rose after strong U.S. manufacturing data that rekindled speculation of a Federal Reserve interest rate hike.

Gold price jumps 2.6% on US interest rate outlook

Gold price jumps 2.6% on US interest rate outlook

US gold also rose to its highest in nearly nine months, at USD 1,230.40 an ounce.