Gold holds near 4-month low as investors await U.S. data

Gold was treading water on Wednesday, hovering near a four-month low hit in the previous session, as investors await U.S. economic data for cues amid increasing optimism about growth and weak bullion demand in Asia.    Spot gold was flat at $1,244.50 an ounce by 0032 GMT. The metal hit a four-month low of $1,240.61 on Tuesday, before closing flat and snapping a five-day...

Dollar Reaches One-Month High Versus Yen Before Jobs, Beige Book

The dollar reached a one-month high versus the yen before the release of labor reports this week that may encourage the Federal Reserve to pare stimulus.The euro held a gain from yesterday as traders speculated that its recent weakness has factored in prospects European Central Bank President Mario Draghi will announce easing measures at a policy meeting tomorrow. The New Zealand dollar remained lower following a two-day drop as whole...

WTI Crude Gains After Report Shows Rising Factory Orders

West Texas Intermediate advanced on speculation that inventories declined at Cushing, Oklahoma, and on growth in U.S. factory orders. WTI��s trading range was the tightest in almost eight years. The U.S. benchmark climbed from a two-week low. Supplies at the delivery point for WTI futures dropped for a 17th time in 18 weeks in the seven days ended May 30, according to five analysts surveyed by Bloomberg before a government report tomorrow....

Gold futures barely rise for first gain in seven sessions

SAN FRANCISCO �� Gold futures settled with a modest gain on Tuesday, their first in seven sessions, with traders looking ahead to the week��s economic events, including a European Central Bank meeting and the monthly U.S. nonfarm payrolls report.Gold for August tacked on 50 cents to settle at $1,244.50 an ounce on the Comex division of the New York Mercantile Exchange. Prices had tallied a loss of roughly 4%, or just over $50 an ounce,...