Dollar Touches One-Week High Versus Yen Before U.S. Retail Sales

The dollar rose to the highest in a week versus the yen before a report today forecast to show U.S. retail sales increased for a third month. The greenback traded near the strongest in a month against the euro as improving U.S. economic data bolstered the case for the Federal Reserve to continue tapering stimulus, moving closer to the first interest-rate increase since 2006. A gauge of U.S. dollar strength headed for its highest close...

Gold steady on Ukraine but fund outflows threaten gains

Gold held on to overnight gains on Tuesday as simmering tensions in Ukraine stoked its safe-haven appeal, but the metal was at risk of falling back on weak physical demand and bullion-fund outflows. Spot gold was little changed at $1,295.40 an ounce by 0013 GMT, after gaining 0.5 percent on Monday. The metal traded in a wide range in the previous session, climbing at one point...

Gold Advances as Ukraine Tension Spurs Demand for Haven Assets

Gold futures advanced for the first time in five sessions as the crisis over Ukraine spurred demand for the metal as a haven. Bullion has climbed 7.8 percent this year as the conflict between Russia and Ukraine increased the appeal of the precious metal as a store of value. The demand helped to revive gold prices that tumbled 28 percent in 2013, ending its 12-year rally, partly on the outlook for less stimulus from the Federal Reserve. Gold ...