gold

Friday in Singapore, bullion prices flat as the dollar lost ground against the euro on worries the US retail sales for February could show a drop in consumer spending,denting prospects of a sustainable economic recovery.


Spot gold hit an intraday high of $1,111.40 an ounce and was at $1,109.30 by 2:37 GMT, unchanged from New York's notional close on Thursday, when it hit a low of around $1,100, its weakest since January, 25.

Thursday in Singapore, bullion recouped slightly after falling to its lowest in nearly two weeks the previous day, though poor technicals and failure to sustain recent gains may stimulate selling.

Spot gold was at $1,108.90 an ounce by 3:05 GMT, up $1.05 from New York's notional close on Wednesday, when it fell to as low as $1,102.85 an ounce, its lowest level since February, 25, as safe-haven buying on Greek sovereign debt worries tapered off.

Wednesday in Singapore, bullion prices steadied after the euro recouped slightly against the dollar though weaker oil prices could prompt new selling.

Spot gold was at $1,122.00 an ounce by 3:04 GMT, modestly changed from New York's notional close on Tuesday, when it dropped to $1,108.55 an ounce, its weakest since February 26, because of a resurgent dollar and falling oil prices.

Tuesday in Singapore, bullion prices slipped as early bargain hunting faded, and dealers consider a weaker US dollar was probably needed to help gold break free from its current range.

Spot gold hit an intraday high of $1,124.30 an ounce and was at $1,120.40 by 2:53 GMT, down $2.45 from New York's notional close on Monday, when it lost 1%.

In early March, gold was also around 1% below a 6-1/2-week high near $1,150 an ounce hit.

Friday, gold prices strengthened as the US currency lost ground against the euro ahead of key US non-farm payrolls data due later in the session, with investors looking for fresh clues as to the resilience of the economic recovery.

Spot gold was trading at $1,135.10 an ounce at 10:41 GMT, that may be compared to $1,131.45 touched late in New York on Thursday.

Thursday, bullion prices lost 1.2% as the euro slipped further against the dollar after US home sales data, extending losses made after the ECB reinforced the view that euro zone interest rates is to remain low.

Spot gold was trading around $1,128.50 an ounce at 15:51 GMT against $1,139.35 late in New York on Wednesday, having earlier slipped as low as $1,125.70.

Wednesday in Singapore, bullion prices inched down as speculators booked profits from a rise to a 6-week high the previous day, but volatility in currencies were likely to keep the gold's safe-haven appeal steady.

Early on Tuesday in Singapore, bullion prices edged down as uncertainties over a bailout package for debt-stricken Greece looked likely to undermine the euro and burnish the dollar's safe-haven appeal.

Spot gold was at $1,117.33 an ounce by 3:04 GMT, down $1.07 from New York's notional close on Monday, when it rose to its highest in almost a week at $1,123.30 on bargain hunting driven by early gains in the euro.

Monday, in Singapore, bullion prices hit a 1-week high on bargain hunting driven by a stronger euro, while pound-priced bullion struck another record as the British currency tumbled against dollar.

Spot gold hit an intraday high of $1,119.50 an ounce and stood at $1,117.00 by 6:36 GMT, adding 80 cents from New York's notional close on Friday. Bullion was 7% below a lifetime high around $1,200 hit in early December.

Early on Friday in Singapore, bullion prices rose as the euro held steady against the dollar and oil prices rebounded, but investors were cautious on expectations of potentially market-moving US economic data.

Spot gold was at $1,107.05 an ounce by 2:24 GMT, up $2.35 from New York's notional close on Thursday. However, that is still below a 1-month high of around $1,130 on Monday but about 6% above a 3-month low struck in early February.

Thursday in Singapore, bullion prices flat, remaining below $1,100 per ounce as investors became cautious about buying precious metal after data showing a sharp fall in US new home sales dampened investor sentiment.

Spot gold was little changed at $1,098.00 per ounce, compared to New York's notional close of $1,097.25 per ounce. The previous day, bullion hit its weakest since February, 12 level of $1,089.45 an ounce, sliding for the second straight day below $1,100.

Early on Wednesday in Singapore, bullion regained some ground as the euro drifted higher against the US currency and bargain hunters resurfaced, but weakness in other commodities is likely to cap gains as investors cut exposure to risky assets.

Spot gold was at $1,106.45 an ounce by 2:56 GMT, up $3.50 from New York's notional close yesterday, when safe-haven dollar jumped after US consumer confidence tumbled to a 10-month low and ignited worries about demand for

Tuesday, bullion prices tracked the euro higher, although remained below a 1-month high hit Monday as uncertainty about the timing and pace of monetary tightening in the US drove off some investors.

Spot gold reached an intraday high of $1,116.85 and was at $1,114.59 an ounce by 0631 GMT, slightly higher than New York's notional close.

Monday in Singapore, bullion prices soared to its highest in a month level as the US dollar reversed its recent uptrend direction and fund buying picked up after the euro gained on talk about a speedy bailout for debt-ridden Greece.

Spot gold hit an intraday high of $1,130.65 an ounce and was quoted at $1,126.55 by 2:15 GMT, up $9.05 from New York's notional close on Friday.

Friday, after the US Federal Reserve said it was raising the interest it charges banks for emergency loans, sending the dollar higher and curbing the appeal of gold as an alternative investment, bullion eased by 1%.