Gold Prices Weaken Following News from Europe and China
The price of gold has fallen about 1.2 percent during the week as concerns over the Eurozone debt crisis linger and China shows signs of weakness.
Articles Tagged "eurozone"
Gold Needs to Break $1,600
Last week gold fell and then rose. But, for the sake of preserving momentum, further gains are needed.
Gold Prices Fade on Greek Political Gridlock
Gold's price decline has generally moving in the opposite direction of the dollar as the Eurozone continues to attract significant concern and interest in US government debt increases. Spot market gold prices traded today in the range of $1,578.10 per troy ounce for a decline of approximately one percent on the week.
Bear Market or Bull Opportunity?
The bears have definitely gained ground, but does that mean the bulls need to throw in the towel and nurse their wounds?
Gold Prices Gaining on Concerns in Europe
Gold gained this week, but Eurozone concerns are keeping the market volatile.
Gold Prices Stall on Greek Indecision
Gold prices have contracted over the past week under pressure from the drop in the euro, with European officials delaying a decision on the potential bailout package for Greece.
Gold Range Bound, But Above $1100
Gold is in a tug of war between the bears and the bulls this week, fighting off forces determined to push it down below the psychological $1100 level while at the same time struggling to break above $1135 an ounce.
