Falling Dollar Pushes Gold up
Bloomberg reported that gold futures climbed in Friday trading as the dollar fell, and investors flocked to precious metals.
Articles Tagged "gold futures"
Gold Futures Slide More than $20/ounce
MarketWatch reported that gold futures tumbled more than $20/ounce on Thursday, pushed down by a report that suggests global demand is waning.
Gold Futures Climb on Possibility of Europe Debt Control
Bloomberg reported that gold futures hit a one-week high on Thursday, encouraged by signs that Europe's debt crisis may be under control.
Gold Moves Up from Seven-Week Low
Reuters reported that gold has rebounded from a seven-week low on Thursday, due to the rising Euro, and in advance of next week's Bank of Japan policy meeting.
Gold Falls to Six-Week Low
Reuters reported that gold fell to a six-week low in Tuesday trading, pushed down by weak stock prices and by concerns over the Spanish credit downgrade.
Gold Futures Mark Biggest Drop in Three Months
Bloomberg reported that gold futures showed the biggest decline in three months, fuelled by growing uncertainty around China's economic health, and threats of a global recession.
Gold Closes Higher, Ends 3-day Losing Streak
Market Watch reported that gold futures closed higher in Wednesday trading, putting an end to its three-day losing streak. The yellow metal is holding to a tight range on the back of concerns from the Eurozone and global economic health.
Gold Futures Hit Highest Price this Year
The Wall Street Journal reported that gold futures rose to their highest level this year, partially as a result of a US central bank president's suggestion that bond buying should be continued until next year.
Gold Down, but Still on Track for Big Quarterly Gain
CNBC reported that gold fell due to the dollar's rise, but is still set to gain 10.9 percent this quarter. That would be the biggest gain for the metal since the second quarter of 2010.
Gold Futures Rise to $1,703.50 on Draghi’s Bond-buying Announcement
Bloomberg reported that European Central Bank President Mario Draghi's announcement of an unlimited bond-buying program for the Eurozone drew gold futures up to $1,703.50, their highest level since March.
