Asia Precious Metals Correspondent, Singapore
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Oct 21, 2014

Gold steady near one-month high on slowing China growth

SINGAPORE (Reuters) – Gold clung to overnight gains on Tuesday to trade near a one-month high as worries persisted over a slowdown in the global economy after China’s growth eased in the third quarter to its weakest since the 2008/09 financial crisis.

The weakness in Chinese growth, however, was not as bad as feared as the world’s second-largest economy grew 7.3 percent between July and September from a year earlier, above the 7.2 percent forecast by analysts.

Oct 21, 2014
Oct 20, 2014
Oct 20, 2014

Gold eases as dollar, equities recover on strong U.S. data

SINGAPORE (Reuters) – Gold ticked lower on Monday as strong U.S. economic data allayed fears about a slowdown in the global economy and dimmed the metal’s safe-haven appeal, while supporting equities and the dollar.

Spot gold had slipped $1 to $1,236.60 an ounce by 0306 GMT, easing for a third straight session. The metal, however, has gained nearly 4 percent in the past two weeks and hit a one-month high of $1,249.30 on Wednesday.

Oct 20, 2014
Oct 17, 2014

Gold set to post second weekly gain on safe-haven demand

SINGAPORE (Reuters) – Gold held steady on Friday and was poised for a second straight week of gains as persistent fears over the health of the world economy took a toll on global equities and the dollar, bringing in safe-haven bids for the metal.

Platinum and palladium were the biggest precious metal gainers of the day, recovering about 2 percent from sharp overnight losses.

Oct 17, 2014
Oct 17, 2014
Oct 17, 2014
Oct 17, 2014
    • About Ananthalakshmi

      "Anantha is responsible for Reuters' gold coverage in Asia, the biggest consumer of the precious metal. Based in Singapore, she tracks the day-to-day market movement of gold prices during Asian hours, fund flows and central bank purchases. She also covers the physical markets in key buyers China and India. Anantha used to cover U.S. companies earlier from Bangalore."
      Joined Reuters:
      2008
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