Gold Prices Rise As Euro Recovers
CNBC News reported that a slight rise in the euro also caused gold prices to increase.
Articles Tagged "euro"
Firmer Euro Boosts Gold Prices
Mineweb reported that the price of gold increased but did not recapture the $1600 mark.
Gold Prices Fall After European Election Results Signal Anti-Austerity
CNBC News reported that gold prices dropped as investors reacted to European election results and a falling euro.
Gold Prices Flat on Weaker Euro
IBTimes reported that gold prices remained steady following a drop in the euro.
Gold Prices May Further Consolidate
Mineweb reported that gold prices may not always follow changes in the euro.
Stronger Euro Boosts Gold Prices
Reuters reported that increases in the Euro also supported another increase in gold prices.
Can Gold Help to Resolve the Eurozone Debt Crisis?
Debate over the potential of extensive gold reserves held by central banks to resolve the euro zone's economic problems have been pervasive in recent months just as fear of exposure to the sovereign debt crisis has grown. In fact, reports of the German central bank liquidating some of its gold reserves for the first time in almost a year have surfaced, selling 150,000 troy ounces in October.
Gold Eases as Greek Debt Worries Dent Euro
Reuters reported that gold prices fell slightly but are expected to remain steady.
Recognizing the Euro-Gold Correlation
The Street reported on the relationship between the price of gold and the value of the euro.
The Slow Days of Summer Ground Gold Prices
Gold is showing signs prices are well supported at the $1200 level, although a break above $1230 an ounce is needed to set the stages for much higher gains. But don’t expect much in the way of gains over the next several weeks as the seasonally slow summer doldrums drag on.
