While chances of a third round of U.S. money-printing quantitative easing measures, or QE3, have dimmed, the World Gold Council, or WGC, remains positive on the yellow metal's outlook due to its international appeal and value in hedging against inflation and deflation.
Asian shares rose on Wednesday as firm demand at Spanish debt sales and positive U.S. corporate earnings boosted investor confidence in riskier assets.
The Reserve Bank of India (RBI) surprised markets with a 50 basis point cut in the main interest rate, the first policy easing in three years, as focus turned to lifting lending controls and tackling a slowdown in the economy.
The Federal Reserve is independent but it does not exist in a vacuum, as waning appetite at the central bank for contentious bond purchases suggests.
Gold prices fell in quiet trade on Monday, following crude oil's losses, as worries about Spain's ability to repay its debt and a resurgent euro zone debt crisis extended bullion's loss to a second day.
Gold prices slipped below $1,670 an ounce on Friday, pausing in their biggest one-week rally since late February as the dollar firmed against key currencies, with the euro falling out of favour due to worries over Spain's financial health.
The cost of living in the U.S. increased at a slower pace in March as the rise in energy prices eased, supporting the Federal Reserve’s view that the jump in oil and gas prices is only temporary.
U.S. stocks rose more than 1 percent on Thursday as lower Italian bond yields eased some euro-zone concerns and rumors about China's strong GDP growth bolstered investors' appetite for risk.
The Fed is also well aware that employment had peaked in each of the past two springs before resuming growth late in the year.
Stocks rose on Thursday as lower yields on some euro-zone debt eased some concerns and rumors about China's strong GDP increased investors' appetite for risk.
Stocks rose on Thursday as lower yields on some euro-zone debt eased some concerns and rumors about China's strong GDP increased investors' appetite for risk.
Dudley said strong first-quarter data might have been the result of unseasonably warm weather in much of the United States that pulled forward some economic activity and hiring.
Stocks edged higher in early trading on Thursday as concerns about rising yields in some euro zone countries eased and on bets corporate America will beat a lowered bar of earnings expectations.
Stocks were set to rise slightly at the open on Thursday after futures pared gains following an unexpected rise in initial jobless claims in the latest week.
The disappointing performance of the U.S. labor market in March shows it is too early to conclude the economy is out of the woods, despite months of encouraging economic data, New York Federal Reserve Bank president William Dudley said on Thursday.
Japan's core machinery orders rose in February against all expectations, indicating that the country’s economy is in the path of recovery in spite of deflationary pressures, a strengthening currency and decreasing foreign demand.
The Bank of Japan will consider easing monetary policy at its next rate review on April 27 by boosting government bond purchases under its asset-buying program, sources familiar with the central bank's thinking said, as it battles to nudge consumer inflation toward its 1 percent target.
Japan's core machinery orders rose unexpectedly in February, reinforcing expectations that rebuilding in the earthquake-battered northeast will bolster corporate spending and economic recovery although risks loom from a resurgent yen and wobbly overseas economies.
Gold steadied on Tuesday, surrendering earlier gains as a rally sparked by expectations that a sluggish U.S. employment market could fuel further monetary easing ran out of steam in the face of a firming dollar and easing appetite for risk.
The Bank of Japan kept monetary policy steady as expected on Tuesday, holding off on any further steps to help meet its new inflation target and boost activity ahead of a more thorough assessment of the economy later this month.
Asian shares eased Tuesday as investors cautiously awaited Chinese trade data to gauge whether the world's second-largest economy could achieve a soft landing, after a sharp slowdown in U.S. jobs creation clouded prospects for global growth.
Gold prices rose more than 1 percent on Monday, recovering from last week's hefty drop after disappointing U.S. jobs data revived hopes for fresh monetary easing and a spike in Chinese inflation boosted appetite for the metal.
