Gold fell to a seven-week low on Wednesday after upbeat US home sales data in the previous session boosted expectations that the Federal Reserve will press ahead with interest rate hikes in the near term.
The metal has fallen more
Gold fell to its lowest in almost two weeks on Tuesday ahead of a Federal Reserve meeting that is expected to give clues on the pace of future US rate rises.
Spot gold fell to $1,225.70 an ounce, its lowest since March 2, in earli
With next week's calendar full of economic data releases and speeches by economic policymakers, investors have been poised to watch the Federal Reserve for clues about the US central bank's next move, but an unexpectedly hot reading on i
The world’s central banks are scrambling to assess the risk a slowing China poses to their economies and appear to be no closer than most other observers to working out what is going on in the world's second largest economy.
The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis.
The US central bank's policy-s
Asian shares slipped on Friday as investors braced for US employment data that is expected to bolster the case for a Federal Reserve interest rate increase as early as next month.
MSCI's broadest index of A
Gold rose to its highest level since early July on Monday as expectations that the Federal Reserve will postpone an expected US interest rate hike beyond the end of the year pressured the dollar to three-week lows against a currency basket.
Oil prices fell on Friday after the US central bank warned on the health of the global economy and bearish signs persisted that the world's biggest crude producers would keep pumping at high levels.
Gold fell close to its lowest level in eight months on Friday (July 17) pressured by a strong dollar and increasing bets on a Federal Reserve rate rise this year while platinum hit lows not seen in more than six years.
Gold stretched losses from the previous session on Tuesday as the dollar gained on expectations the US Federal Reserve was on course to increase interest rates this year.
Fed Chair Janet Yellen may provide more signals of a loomin