ETF

Thursday in Singapore, bullion prices edged lower, but flat within sight of a record high as it headed for an eighth straight quarterly gain, with prospects for a weaker dollar in focus on possible further US monetary easing.

Spot gold lost 60 cents slipping to $1,308.15 an ounce by 4:57 GMT after hitting a lifetime high around $1,313 on Wednesday, that appeared to be its 10th record high in the past 12 trading days.

The precious metal has gained as much as 19.8 percent this year, heading for its 10th consecutive annual gain.

Wednesday in Singapore, gold edged higher and held near a record high hit in the previous session, with the US dollar remaining under pressure from expectations the Fed would take new measures to shore up the economy.

Spot gold added $1.60 an ounce to $1,309.00 an ounce by 3:24 GMT after rising as high as $1,310.10 an ounce on Tuesday, setting its eighth record-high session this month.

Monday in Singapore, bullion gained across the board within sight of a fresh record high as worries about the global economy linger, while silver rose to a 30-year high on rising investment demand. However, a slight decline in ETF holdings suggested some investors might want to book profits.

Spot gold added 80 cents to $1,296.40 an ounce by 0303 GMT after hitting a record at $1,299.95 on Friday on a weaker dollar and economic uncertainty after the Federal Reserve raised expectations of new measures to stimulate growth.

Monday in Singapore, bullion prices slipped as stock markets strengthened on optimism the US economy would not fall back into recession, while a slight drop in ETF holdings put additional pressure.

Spot gold lost 14 cents to $1,247.90 an ounce by 1:59 GMT, having fallen as low as $1,235.70 on Friday on a US labor market report that was much less weak than feared. Gold struck a lifetime high around $1,264 an ounce in late June.

Friday in Singapore, bullion advanced and was on track for its biggest weekly gain since June, ahead of the release of US payrolls data while ETF holdings rose for the first time since mid-July.

Spot gold gained $2.30 to $1,195.40 an ounce by 3:47 GMT after rising on Thursday on a weaker dollar and as rising wheat prices stoked fears of inflation, boosting the metal's safe haven appeal.

Thursday in Singapore, bullion flat on bargain hunting after prices slipped below an ounce but strong stock markets were likely to weigh, and holdings on the ETF fell slightly.

Spot gold gained 10 cents to $1,194.70 an ounce by 2:05 GMT after rising to a 2-week high on Wednesday as physical buying, better-than-expected US jobs data and hopes for stronger Chinese demand lifted the metal for its sixth straight daily gain.

Thursday in Singapore, bullion jumped as the greenback lost ground and physical buying picked up, but gains are seen limited after holdings in the world's largest gold-backed ETF fell to the lowest since early June.

Spot gold added $4.10 an ounce to $1,166.65 an ounce by 6:02 GMT after falling as low as $1,156.90 on Wednesday, its weakest since late April. Bullion hovered below the 50-day and 100-day moving averages.

Wednesday in Singapore, bullion slips as investors placed some of their money into firming equities firming them, while a drop in ETF holdings could bolster more selling as bullion struggles to hold above $1,190 an ounce.

Monday in Singapore, bullion spiked during the thin trade on the base of stronger higher stock prices and a firmer euro, but holdings on the ETF slipped again as investors took profits from recent highs.

Spot gold gained 45 cents rising to $1,211.05 an ounce by 1:03 GMT, having fallen to a 5-week low on Friday before bouncing on bargain hunting and physical buying from jewelers. Gold struck a record above $1,264 in late June.

Friday in Singapore, gold recouped from a 5-week low on weaker prices that ignited buying by bargain hunters and jewelers; however investors still worry ahead of the release of a US employment report.

Friday in Singapore, bullion prices slipped as early buying linked to crumbling stock markets subsided, but a rise in ETF holdings to a record high indicated persistent worries over the global economy.

Wednesday in London, bullion prices hovered $1,245 an ounce due to weakness in the dollar and a second day of stock market slides, which led investors to seek a haven from risk.

Spot gold was trading today at 11:24 GMT at $1,245.65 an ounce, against $1,239.00 touched late in New York on Tuesday.

Friday in Singapore, the precious metal recovered on short covering after losing 1% during the previous session. At the same time, ETF holdings hit another record reflecting gold still to attract investors attention.

Nevertheless, bullion was still at the mercy of movements in stock and currency markets, with rallies in shares likely to curb gains.

Thursday in Singapore, bullion regained some footing on after being pressured by comments from Federal Reserve Chairman Ben Bernanke, but a firm stock market and steadier currencies are likely to cap gains.

Spot gold was trading at $1,232.60 an ounce by 2:54 GMT, up $2.25 from New York's notional close on Wednesday, when it slipped after Bernanke said bullion was sending a different signal in response to inflation.

Wednesday in Singapore, bullion prices climbed to within sight of a record above $1,250 an ounce struck the previous day, with dealers considering gold to be likely to consolidate before any charge higher.

Spot gold was at $1,238.05 an ounce by 6:24 GMT, up $4.42 from New York's notional close on Tuesday, when it rose as high as $1,251.20 marking its highest ever.