Metals News Results

  • PRECIOUS-Gold listless as investors await Fed verdict

    * Fed policy statement due at 1800 GMT. * Dollar rises 0.3% against its rivals. * Silver to find support at $24-24.4/oz - analyst. By Nakul Iyer. Gold prices hovered below the key $1,800 per ounce level on Wednesday as investors treaded cautiously ahead of a U.S. Federal Reserve policy decision due later in the day. Spot gold was down 0.1% at $1,796.18 per ounce by 10:01 am EDT.

  • PRECIOUS-Gold holds steady as investors await Fed verdict

    * Fed policy statement due at 1800 GMT. * Dollar rises 0.1% against its rivals. * Gold prices fell 7% in June. By Brijesh Patel. Gold prices held steady near the key $1,800 per ounce level on Wednesday as investors held back from making large bets ahead of a U.S. Federal Reserve policy decision due later in the day.

  • METALS-Copper prices hover near multi-week highs on solid H2 outlook

    Prices of copper, which is widely viewed as a gauge of global economic health, continued to hover near their multi-week highs scaled in the previous session, as investors bet on a strong outlook for the metal in the second half of this year.

  • PRECIOUS-Gold pinned near key $1,800 level ahead of Fed policy decision

    Gold prices were flat on Wednesday, holding near the key psychological level of $1,800 per ounce, as investors await the U.S. Federal Reserve's meeting for hints on policy tapering plans. FUNDAMENTALS. * Spot gold was flat at $1,798.75 per ounce by 0106 GMT. * U.S. gold futures fell 0.1% to $1,798.20 per ounce.

  • BRIEF-Barrick Secures Egyptian Exploration Licenses

    Barrick Gold Corp (GOLD): * BARRICK SECURES EGYPTIAN EXPLORATION LICENSES. * Barrick Gold Corp (GOLD) - AWARDED FOUR EXPLORATION LICENSES FOR 19 BLOCKS Source text for Eikon: Further company coverage:

  • PRECIOUS-Gold nudges up as dollar softens; all eyes on Fed meet

    * U.S. TIPS yield drops to record low. * Gold to remain rangebound until Fed meet- analyst. By Nakul Iyer. Gold ticked up on Tuesday, as the dollar softened and U.S. real yields plunged to a record low, though gains were kept in check on investor caution ahead of a Federal Reserve policy meeting that could provide details on the tapering of asset purchase.

  • PRECIOUS-Gold subdued as investors await cues from Fed meeting

    * Palladium hits one-week low of $2,613.51/oz. * U.S. dollar firms below recent highs. By Arundhati Sarkar. Gold prices lingered below the key $1,800 per-ounce level on Tuesday, as investors maintained a cautious stance ahead of the Federal Reserve policy meeting and awaited cues on the U.S. central bank's timeline for tightening its monetary policies.

  • PRECIOUS-Gold subdued as investors await policy cues from Fed meeting

    * SPDR Gold ETF holdings slip to over 2 month-low. * Dollar holds steady below recent highs. By Eileen Soreng. Gold eased on Tuesday as the dollar ticked higher, while investors focused on this week's U.S. Federal Reserve meeting for clues about when the central bank might rein in its easy monetary policies. Spot gold fell 0.1% to $1,794.68 per ounce by 0656 GMT.

  • PRECIOUS-Gold holds below key $1,800 level as investors eye Fed meet

    Gold prices were steady on Tuesday, pinned below the key $1,800 per-ounce level, as investors turned cautious ahead of this week's U.S. Federal Reserve meeting outcome for clues on when the central bank might rein in its easy monetary policies. FUNDAMENTALS. * Spot gold was flat at $1,798.61 per ounce, as of 0108 GMT. * U.S. gold futures fell 0.1% to $1,797.80 per ounce.

  • PRECIOUS-Gold muted despite weaker dollar as U.S Fed meeting looms

    * Dollar index down 0.3% * Gold faces resistance around $1820-1830 -analysts. By Nakul Iyer. Gold prices were subdued on Monday despite a pull back in the dollar, as traders looked ahead to a U.S. Federal Reserve policy meeting later in the week.

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