Spot gold eased 0.2 percent to $1,689.45 per ounce by 0031 GMT, while plummeting US crude oil prices increased bullion’s safe-haven appeal on Monday.
Gold prices gained 1 percent on Thursday on safe-haven buying ahead of an extended weekend and a crucial meeting of top oil producers, with bullion also latching on to gains in wider markets amid hopes the coronavirus pandemic was close to peaking
India’s gold imports plunged more than 73 percent year-on-year in March to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the outbreak squeezed retail demand
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Gold gains as US, China kick off new round of tariffs; trade war escalation, fears of global downturn sees $100 rise in yellow metal in August
Demand for gold as safe-haven surged after the United States and China launched fresh tit-for-tat tariffs on each others goods
Gold rises on fresh Sino-US trade tensions, Fed rate cut bets; slightly weaker dollar helps yellow metal's gain
Spot gold was up 0.3% at $1,407.69 per ounce. Gold has risen nearly 0.6% so far this week.
Gold prices near four-month low as Fed Reserve stance boosts dollar; yellow metal on course for a weekly drop
Spot gold was hardly changed at $1,272.01 per ounce. In the previous session, the yellow metal dropped to $1,265.85, its lowest since end-December.
China, the world’s biggest gold consumer, raised its gold reserves by 0.6 percent to 60.62 million ounces by end-March, central bank data showed.
Gold hits two-week high as investors opt for safe-haven metal after British lawmakers reject Brexit deal
Spot gold was up 0.2 percent at $1,304.26 per ounce after touching its highest since 1 March at $1,305.69 earlier in the session.
Gold had hit a 10-month high of $1,346.73 on Wednesday, but minutes from the Fed’s January policy meeting indicated there might in fact be a rate hike this year, erasing gains in gold.
Gold prices range-bound ahead of Trump-Xi meet at G20 summit; global trade tensions may dominate agenda
Spot gold was little changed at $1,224.10 per ounce, as of 0357 GMT. US gold futures were flat at $1,230.5 an ounce.
Higher interest rates would typically see investors divest gold, which earns nothing and costs money to store and insure.