Tag Archive | "Gold prices"

Greek Bailout Concerns Cause Gold to Dip

Friday, February 10, 2012

Reuters reported that gold prices fell as investors worried about the Greek bailout situation.

Gold Prices Increase on Bank of England Rate Decision

Friday, February 10, 2012

The Bank of England preserving its official Bank Rate paid on reserves at 0.5 percent helped the spot market price of gold to climb to $1747.50 per troy ounce. Gold prices were further supported by the Bank's vote to inject another 50 billion pounds into its financial system along with news of Greek leaders finally negotiating a deal on fiscal reforms.

Gold Prices Up on Euro Bank Meetings

Thursday, February 9, 2012

IBTimes reported that gold prices rose following monetary policy meetings by the Bank of England and the European Central Bank.

Gold History Not Repeating Itself

Wednesday, February 8, 2012

The Daily Reckoning reported that gold will not perform the same way it did in 1980.

Gold Steady on Euro Increases

Wednesday, February 8, 2012

Reuters reported that gold prices consolidated as the Greek debt situation boosted the euro.

Gold Prices Up Along with Euro Rally

Tuesday, February 7, 2012

IBTimes reported that gold prices rallied as the euro rose on a draft Greek bailout deal.

Study Says Gold Not a Reliable Hedge Against Inflation

Tuesday, February 7, 2012

Reuters reported that a study by Credit Suisse and the London Business School showed that volatility in gold prices have weakened the metal's value as an inflation hedge.

Gold Down on Greek Bailout Talks

Monday, February 6, 2012

Reuters reported that gold prices fell as Greek economic bailout concerns pressured the euro.

Gold Futures Drop after Three Days of Increases

Friday, February 3, 2012

MarketWatch reported that gold futures were down on a higher than expected rise in US jobs.

Gold Prices Higher on Positive US Economic Data

Friday, February 3, 2012

Gold spot price has climbed nearly 12 percent so far in 2012, supported by positive economic data and monetary policy guidance in the US.

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