Articles Tagged "ounce"

Gold Falls as China Lending Policy Damps ‘Hot Money’ for Metals

Bloomberg reports that on Friday, Gold futures fell, heading for a weekly loss, as concern that China may tighten monetary policy.

Gold Futures Rise to Record Closing Price on `Currency Debasement’ Concern

Bloomberg reports that Gold futures rose to a record settlement of $1,416.10 an ounce on concern the U.S. will pump more cash into the economy.

Gold Tops $1,400, Silver Futures Advance to 30-Year High as Dollar Tumbles

Bloomberg reports that Gold futures topped $1,400 an ounce and silver climbed to a 30-year high as the dollar’s slump boosted the appeal of precious metals as alternative investments.