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Gold holds above $1,250/oz ahead of U.S. jobs data

* Dollar steady, equities little changed ahead of U.S. data * Coming up: U.S. August non-farm payrolls data at 1230 GMT * Silver poised for further gains after 3-1/2 month high LONDON, Sept 3 (Reuters) – Gold prices held steady above $1,250 an ounce in Europe on Friday, within $15 of their record high, as [...]


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Gold inches up as econ outlook remains murky

* Upward trend intact despite recent upbeat econ data * Holdings in gold and silver ETFs keep rising * Coming up: U.S. weekly initial jobless claims; 1230 GMT SHANGHAI, Sept 2 (Reuters) – Gold prices were slightly firmer on Thursday, and could stay on the rise as global economic prospects remain shaky, while investors watch [...]


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Gold eases from 2-month peak; econ worries support

* Doubt on economic recovery remains; ETF holdings up * Coming up: U.S. ISM Manufacturing PMI August; 1400 GMT SHANGHAI, Sept 1 (Reuters) – Gold prices edged lower on Wednesday as modest growth in U.S. consumer confidence and improved home prices eased some worries of another downturn in the United States. Prices eased after touching [...]


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Gold Poised for Biggest Monthly Advance Since April on Demand

Aug. 31 (Bloomberg) — Gold is set for the biggest monthly advance since April as signs that the global economic recovery may be faltering prompt investors to boost their holdings to try to preserve their wealth. Gold for immediate delivery was little changed at $1,236.20 an ounce at 12:56 p.m. in Singapore, climbing 4.7 percent [...]


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Gold steady as US data, equities eyed; ETF unchanged

* Worries about global economy, deflationary pressure weigh * Weakness in stocks and other assets supports safety appeal * Gold caught in tug-of-war with limited upside and downside * Coming Up: Fed’s Aug. 10 minutes at 1800 GMT TOKYO, Aug 31 (Reuters) – Gold was steady on Tuesday as investors eyed U.S. economic data due [...]


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Gold steadies as mixed U.S. data looms

* Gold flat on mixed U.S. data outlook after early rise * Jobs indicators will hold sway over price direction * Signs of quantitative easing would give gold a lift SYDNEY, Aug 30 (Reuters) – Gold steadied on Monday after starting its fifth straight week in positive territory ahead of fresh U.S. economic data that [...]


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Gold May Climb on Growing Concern Economic Recovery Is Slowing

Aug. 26 (Bloomberg) — Gold may gain, extending yesterday’s advance to an eight-week high, on growing concerns that the global economy is sputtering. Gold for immediate delivery fluctuated between a loss of 0.2 percent and a gain of 0.1 percent before trading at $1,241.55 an ounce at 2:06 p.m. in Singapore. December-delivery futures in New [...]


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Gold Gains as Concern Economic Recovery is Faltering Fuels Investor Demand

Bloomberg, Aug 23 – Gold advanced in Asia, rebounding from its biggest decline in more than a week, as concerns that the global economic recovery is faltering helped fuel investor interest in the metal as a store of value. Gold for immediate delivery rose 0.2 percent to $1,229.73 an ounce at 1:16 p.m. in Singapore, [...]


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Gold ticks up on economy worries as U.S. dollar weighs

SINGAPORE (Reuters) – Gold regained strength on Monday as bargain hunters resurfaced after prices dropped slightly in the previous session, while demand from investors was likely to offset gains in the U.S. dollar. Recent poor data from the United States pointed to a faltering economy, and some investors also ditched the euro on worries of [...]


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PRECIOUS – Gold gains as ETF ticks up, holds near 1-1/2-mth high

* Gold near 1-½ month high * May rise to $1,239 an ounce – technicals * Coming Up: U.S. Initial weekly jobless claims; 1230 GMT SINGAPORE, Aug 19 (Reuters) – Gold gained on Thursday after holdings in the SPDR Gold Trust rose again, showing that investors remained faithful to the metal in light concerns about [...]


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