Sunday 30 August 2015
 
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Gold around 8-month low on Fed hike prospect

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. Platinum br

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Gold drops as focus shifts to US rate hike

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

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Fed set for first interest rate hike in 10 years

The Federal Reserve on Wednesday is expected to lay the groundwork for its first interest rate hike in nearly a decade, as it continues to weigh whether the US recovery can hold up against collapsing oil prices and a soaring dollar.

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Gold falls to 7-month low as dollar weighs

Gold fell to its lowest level in 7-1/2 months on Thursday on a strong dollar and as tensions in Ukraine appeared to ease, failing to benefit from weaker shares after an unexpected rise in US jobless claims. Spot gold slipped 0.7 p

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Gold below $1,300 on stronger dollar

Gold steadied after two days of losses on Wednesday but held below $1,300 an ounce, near a four-week low, on a stronger dollar and fears that the Federal Reserve could hike US interest rates sooner than expected. Fed Chair Janet Y

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Gold falls one percent after Fed move

Gold fell around one percent in thin trade on Thursday, a day after the US Federal Reserve announced a further cut in its stimulus programme and reiterated its confidence in the US economic outlook despite weak first-quarter growth.

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Fed goes ahead with bond-buying reduction

The Federal Reserve has looked past a dismal reading on first quarter US. growth and gave a mostly upbeat assessment of the economy's prospects as it announced another cut in its massive bond-buying stimulus. Recent informatio

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Turning charisma into cash: Bernanke's 40 minutes

Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the US Federal Reserve. Bernanke was paid at least $250,000 for his first public speaking engagement, in Abu Dhabi, since stepping down in

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Yellen: Fed on track to trim stimulus

Federal Reserve Chair Janet Yellen said on Tuesday the US central bank was on track to keep reducing its policy stimulus, even as she acknowledged the labor market recovery was "far from complete." In her first public co

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Gold extends gains to near 3-month high

Spot gold climbed to its highest in nearly three months on Tuesday, as investors look for hints from the new Federal Reserve chief later in the session on whether the pace of its stimulus tapering may be slowed. US gold futures ro

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