Spot gold gained 0.3 percent at $1,316 per ounce as of 0114 GMT, after touching its highest since Feb. 28 at $1,319 in the previous session.
Employment / Unemployment
U.S. Federal Reserve is Expected to Raise Interest Rates, But may cut the number of hikes in 2019
The central bank is due to announce its decision at 2 p.m. EST (1900 GMT) after its final two-day policy meeting of the year. Fed Chairman Jerome Powell is scheduled to hold a press conference half an hour later.
Gold Slip on Profit Taking, Firm Dollar – GSR
Spot gold fell 0.2 percent to $1,235.57 per ounce at 0823 GMT, while U.S. gold futures were 0.1 percent lower at $1,240.8 per ounce.
Gold Slides Alongside Equities as Dollar Climbs – Gold Silver Reports
Gold fell alongside equity markets on Monday partly in response to gains in the dollar which is benefiting from a run of strong U.S. economic data reinforcing expectations of further interest rate rises.
Gold Up But on Path for Longest Monthly Losing Streak in Two Decades – GSR
Gold inched higher but was on track for its longest monthly losing streak since January 1997 as the U.S. dollar firmed against the euro after Italy’s budget jitters threatened the European currency.
Donald J. Trump Tweet – Jobless Claims fell to their lowest level in 49 years!
Donald J. Trump Tweet – Jobless Claims fell to their lowest level in 49 years!
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign the job market remains strong.