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Global Market Report – 07 Sep 2021

Gold Spot Gold prices firmed propped up by a softer dollar and prospects of the U.S. Federal Reserve delaying a tapering in its pandemic-era bond purchases. Prices had hit a 2-1/2-month high last week following a disappointing U.S. non-farm payrolls data. A strong...

Global Market Report – 06 Sep 2021

Gold Spot Gold prices hovered below a 2-1/2-month peak after a disappointing U.S. jobs data signalled that the Federal Reserve could push back the timeline for tapering stimulus measures, bolstering bullion’s appeal as an inflation hedge. Labor Department data showed...

Global Market Report – 03 Sep 2021

Gold Spot Gold eased in range-bound trading as investors ignored a subdued dollar and squared positions with a focus still on Friday’s non-farm payrolls data that could determine the U.S. Federal Reserve’s tapering strategy. Gold investors seemed to take little notice...

Global Market Report – 02 Sep 2021

Gold Spot Gold traded within a narrow range, as investors largely looked past a slew of U.S. economic readings to focus on key labour data that could influence the Federal Reserve’s tapering plans. Bullion largely tracked moves in the dollar, which retreated after the...

Global Market Report – 01 Sep 2021

Gold Spot Gold firmed on Tuesday as the dollar weakened, but its advance slowed as some investors stayed on the sidelines ahead of the August U.S. non-farm payrolls data due later this week. Interest in gold has increased after dovish comments from U.S. Federal...

Global Market Report – 30 Aug 2021

Gold Spot Gold prices scaled to their highest in more than three weeks after U.S. Federal Reserve Chair Jerome Powell stopped short of providing any clear guidance on the timeline for paring economic support at the Jackson Hole economic conference. Powell’s statement...