Articles Tagged "london"

Gold bounced back

In international markets, gold bounced back on late buying. In London, spot gold rose to $856.50/858.50 an ounce after falling more than 1% in early trade. For full story, click here

Gold Primes Itself For A Win-Win Situation

By Kishori Krishnan Exclusive to Gold Investing News Investment demand for physical gold remains strong as turmoil in the financial markets and fears over the outlook for the global economy boost the yellow metal’s appeal. Weakness in the banking sector, which saw Bank of America and Citigroup report large fourth quarter losses earlier on Friday, [...]

Gold sales slow, shares spike

By Kishori Krishnan Exclusive to Gold Investing News Got anything special on your calendar for December 25? Well, ink this in. By executive proclamation, Gov. Sarah Palin has declared Thursday ‘Iditarod Gold Discovery Day’ to mark the 100th anniversary of the first strike in the Iditarod gold fields. The proclamation, dated November 21, encourages “all [...]

Gold slipped almost 2 %

Gold slipped almost 2 % on as commodity prices fell and the dollar firmed against the euro. For full story, click here

Dull market takes shine off gold

By Kishori Krishnan – Exclusive to Gold Investing News The results are daunting. Barack Obama’s victory in the U.S. presidential election and Democrat gains in Congress did not do much for the yellow metal. Gold declined in Asia on speculation that the move would speed the dollar’s recovery against the euro. The currency climbed against [...]

Obama effect: Gold Price were Choppy

Spot prices for the yellow metal slipped back from an early Asian high of $769 per ounce in London. Market note from Scotia Mocatta, said: Choppy price action appears to be of a consolidating nature.s the latest. We believe the downside risk in gold remains intact while we hold below $777. A move above this [...]