May 26 (Reuters) - Gold prices edged up from two-month lows on Friday, helped by a dip in the U.S. dollar as traders assessed the progress of U.S. debt ceiling negotiations and the Federal Reserve’s rate hike path ahead.
Spot gold was up 0.7% to $1,953.03 per ounce at 1002 GMT, while U.S. gold futures were up 0.5% to $1,952.90...[LINK]
Good morning. The precious metals are higher in early U.S. trading.
U.S. calendar features Durable Orders (-1.1% exp), Trade, Personal Income (+0.4% exp), PCE, Michigan Sentiment Final.
May 25 (Reuters) - Gold prices edged up on Thursday as investors waited for developments in drawn-out debt ceiling negotiations in Washington, with gains in bullion capped by the U.S. dollar rising to a more than two-month high.
Spot gold was 0.2% higher at $1,961.77 per ounce by 1155 GMT. U.S. gold futures eased 0.1% to $1,962.60...[LINK]
May 24 (Reuters) - Gold edged up on Wednesday as the looming debt ceiling deadline prompted some safe-haven flows, while traders waited to scrutinise minutes of the Federal Reserve’s recent policy meeting for guidance on U.S. interest rates.
Spot gold was up 0.3% to $1,981.46 per ounce by 1215 GMT, while U.S. gold futures gained 0.5% to $1,984.30...[LINK]
Good morning. The precious metals are mixed in early U.S. trading.
U.S. calendar features EIA Data, FOMC Minutes, FedSpeak due from Waller.
(Reuters) - Gold prices extended losses on Tuesday, pressured as the U.S. dollar and Treasury yields strengthened on rising bets for higher interest rates, while markets awaited to see if lawmakers could avoid a debt ceiling default.
Spot gold fell 0.5% to $1,958.96 per ounce by 1123 GMT while U.S. gold futures were down 0.9% to $1,959.60...[LINK]
Good morning. The precious metals are lower in early U.S. trading.
U.S. calendar features PMIs, New Home Sales, Richmond Fed Index, M2.