Reuters reported that gold is continuing its descent and is nearing a one-month low, while heading towards the largest downturn since 2009.
Articles Tagged "Gold prices"
Reuters reported that gold backtracked on Wednesday, hovering around a three-week low because of disappointing European growth numbers.
Gold fell $2.855, to $1,427.56 an ounce, on the COMEX in New York.
Reuters reported that gold pulled back on Monday, nearing a two-week low as the dollar gained momentum on news from the ECB that deposit rates could be cut if necessary.
CNBC reported that gold slid to a two-week low on Friday as equities and the dollar gained strength.
Reuters reported that Chinese gold imports are expected to jump for the second straight month, as they take advantage of low prices.
Gold prices remain steady for the second week in a row.
Reuters reported that gold rebounded Thursday, lifted by a ECB rate cut.
Reuters reported that gold is on pace to mark its biggest slide since April 15, when it experienced its historic drop, pushed down today by questions around industrial demands for metal out of the U.S. and China.
Reuters reported that gold toppled almost one percent on Tuesday, as investors shed ETF asset holdings, bringing those levels down to lows not seen since September 2009.