Spot gold prices were at $1,245.51 an ounce today, down $6.23 from the previous session.
Articles Tagged "Gold prices"
Gold prices sank Nov. 25 to their lowest level since July 8 after the United States and other world leaders struck a deal with Iran over its nuclear activities.
Gold futures climbed as investors looked to the yellow metal as an alternative asset in light of the dollar's drop, Bloomberg reported.
Gold prices were up slightly Nov. 19 after experiencing losses in the previous session.
Gold prices rose $1.41 an ounce Sept. 11 but stayed near a three-week low at $1,365, Reuters reported.
News that Russia may persuade Syria to turn over its chemical weapons, and speculation the US Federal Reserve will taper its stimulus, weighed on gold prices today.
Gold prices fell slightly on Monday due to speculation the Federal Reserve will still taper its stimulus program, despite weaker than expected US jobs data reported last week.
Gold has been hit by a double-whammy: uncertainty over an attack on Syria and good US economic news.
Gold prices fell nearly $25, close to 2 percent, to $1,386.20 an ounce Sept. 4. The precious metal eased a bit later in the session, rising slightly to $1,390.06 an ounce, Reuters reported.
Gold prices rose Sept. 3 after Israel tested its missile-defense system, which sparked concerns over growing tensions between the Middle East and the U.S., boosting safe-haven demand for the precious metal.