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Sukanya Mitra

Verified
  • Associate Correspondent, Commodities and Energy, Reuters
Southern Asia, United States
As seen in: Reuters, MSN, MSN Australia, MSN Malaysia, MSN New Zealand, Fabulous, USA Today, Yahoo News, Yahoo News Malaysia, Aol, Yahoo Finance and
Commodities & Energy Reporter @Reuters|Prev: @centralmenews|@COMatBU Alum| Takes are my own :)
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Articles

Gold dips as Fed hike bets rise, still heads for best month since Jan

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By Sukanya Mitra Verified, Swati Verma Verified
| MSN Verified
By Sukanya Mitra and Swati Verma Aug 31 (Reuters) - Gold slipped on Monday as renewed Middle East attacks stoked inflation worries and strengthened bets on higher U.S. interest rates after hawkish comments from Federal Reserve Chair, but bullion was still on track for its biggest monthly rise since January. Spot gold fell 0.4% to $4,436.04 per ounce by 0835 GMT, having touched its lowest level since August 19 earlier. U.S. gold futures for December delivery dropped 1% to $4,486.40.
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Gold dips as Fed hike bets rise, still heads for best month since Jan

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By Sukanya Mitra Verified, Swati Verma Verified
| MarketScreener
Aug 31 (Reuters) - Gold slipped on Monday as renewed Middle East attacks stoked inflation worries and strengthened bets on higher U.S. interest rates after hawkish comments from Federal Reserve Chair, but bullion was still on track for its biggest monthly rise since January. Spot gold fell 0.4% to $4,436.04 per ounce by 0835 GMT, having touched its lowest level since August 19 earlier. U.S. gold futures for December delivery dropped 1% to $4,486.40.
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Gold rally takes a breather ahead of US inflation data

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By Sukanya Mitra Verified
| Zawya Verified
Gold prices eased on Wednesday, on track to snap a three-session winning streak, with focus shifting to U.S. inflation data due later in the day for signals on the Federal Reserve's interest rate path. Spot gold fell 0.8% to $4,618.03 per ounce by 1114 GMT, after prices climbed to their highest since May 14 on Tuesday following the U.S. Treasury Department's recent bond buyback announcement. U.S. gold futures dropped 0.4% to $4,673.90.
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