Demand for gold in India usually peaks near the Diwali holiday, but with a weaker economy Indians see silver as a cheaper alternative.» Read More
Gold retreated from an initial rally as solid gains in U.S. equities and an improving economic outlook weighed on the metal's safe-haven appeal.
Platinum rose after mostly upbeat U.S. data signaled the economic recovery is gaining traction, with a soft earnings update from the world's biggest platinum miner and strong monthly U.S. car sales reports adding to support.
Gold rose on Friday, set for a weekly gain, after U.S. nonfarm payrolls data showed modest job growth.
Gold fell nearly one percent on Thursday as investors disappointed by its failure to rally further on the previous day's soft U.S. growth reading cashed in gains.
Gold rose after data showed the U.S. economy unexpectedly contracted in the fourth quarter, and stayed higher as the Federal Reserve left in place its bond-buying stimulus plan.
Gold snapped a four-day losing streak, but gains were limited as investors sought further indicators of U.S. economic strength, including a Federal Reserve statement later in the week.
Gold edged lower on Monday as investors remained cautious ahead of an eagerly awaited U.S. Federal Reserve meeting, which should disclose more details on the Fed's quantitative easing policy.
Gold prices fell to a two-week low after the European Central Bank said banks would repay 137 billion euros ($183.2 billion) in cheap loans, which reassured investors the euro zone banking system was stabilizing.
Gold fell to a one-week low after a repeated failure to break above a key chart level hurt investors' confidence in the metal.
Gold dropped, retreating from the previous session's one-month high, as signs of an improving global economy capped investor interest in safe-haven investments.
Gold rose on Tuesday as the Bank of Japan's pledge to launch an economic stimulus effort and a five-year high in U.S. equities prompted nervous investors to buy gold.
Gold prices rose on Monday as stock markets were lifted towards two-year highs by moves to break a budget impasse in the United States, and as the euro steadied.
Gold prices firmed on Friday, tracking gains in equities and other commodities as encouraging data from China and the U.S. boosted optimism.
Gold was supported by ongoing concerns about U.S. debt talks, and as strong U.S. data fanned hopes for a strengthening recovery
Platinum rose for a seventh consecutive session, driven by strong hedge fund buying after a mine labor crisis at the world's largest platinum producer in South Africa stirred fears of a supply shortage.
Platinum rose to a three-month high on Tuesday, rallying for a sixth straight session as funds bought heavily due to a mine labor crisis in South Africa that sparked supply fears.
Gold edged up, but trailed platinum's rise, helped by gains in agricultural and energy prices.
Gold prices topped $1,675 an ounce, rising along with the euro after the European Central Bank gave no hints on near-term rate cuts.
Gold eased in light trading, giving back some of the previous session's gains, while platinum group metals rallied as improving U.S. auto sales and a better economic outlook triggered fund buying.
Gold dropped as uncertainty about the duration of the Federal Reserve's economic stimulus program decreased bullion's appeal as a hedge against inflation.