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PRECIOUS-Gold gains on weaker dollar, stocks ahead of Fed meeting

PRECIOUS-Gold gains on weaker dollar, stocks ahead of Fed meeting
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suryakumar yadav win player of the series award in debut odi series

suryakumar yadav win player of the series award in debut odi series
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Asia Gold-Discounts in India widen to near 1-month high as demand falters

Asia Gold-Discounts in India widen to near 1-month high as demand falters
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Gold steady as lower bond yields negate pressure from firm dollar

Article content However, the dollar index held close to a 3-1/2-month peak against its rival, making gold more expensive for holders of other currencies. The number of Americans filing new claims for unemployment benefits rose to a two-month high last week, a reminder that the labor market was far from being out of the woods as the nation confronts a resurgence in new COVID-19 infections. Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.

United statesUnited kingdomBrijesh patelSubhranshu sahuEuropean central bankWall streetKingdom retail salesKingdom retail sales ex fuelComp flashKingdom flash comஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ப்ரிஜேஷ் படேல்ஐரோப்பிய மைய வங்கிசுவர் தெருகிஂக்டம் சில்லறை விற்பனை

Gold prices set for first weekly decline in five on dollar strength

By Brijesh Patel (Reuters) - Gold prices edged lower on Friday, heading for their first weekly decline in five, as a stronger dollar made bullion more expensive for holder of other currencies and offset support from lower U.S. bond yields and weak economic data. Spot gold was down 0.2% at $1,803.33 per ounce, as of 0314 GMT. Bullion is down 0.4% this week. U.S. gold futures fell 0.1% to $1,803.90. Gold being a go to alternative for paper currency and with seeing the dollar bit higher is the catalyst that nudging gold back, said DailyFX currency strategist Ilya Spivak. The dollar index held close to a 3-1/2-month peak against its rival and was heading for its second straight weekly rise.

United statesBrijesh patelIlya spivakFitch solutionsEuropean central bank onEuropean central bankRashmi aichஒன்றுபட்டது மாநிலங்களில்ப்ரிஜேஷ் படேல்இலைய ஸ்பிவக்ஃபிட்ச் தீர்வுகள்ஐரோப்பிய மைய வங்கி ஆன்ஐரோப்பிய மைய வங்கிரஷ்மி ஐச்