Gold steadies as euro bounces; weak oil may weigh
Gold steadied on Wednesday after the euro bounced slightly higher against the U.S. dollar though weaker oil prices could prompt new selling, traders said.
Gold, Little Changed, May Gain for 1st Day in 3 on Dollar
Gold, trading little changed in Asia, may gain for the first time in three days as a resumption in the dollar’s weakness boosts investor demand for the precious metal as an alternative asset.
Gold steadies on slight rebound in euro
Gold steadied in thin trade on Wednesday after the euro bounced slightly against the U.S. dollar, but weaker oil prices could still induce selling.
Gold falls as dollar advances
Gold futures on the COMEX Division of the New York Mercantile Exchange closed lower on Tuesday as dollar rose against the euro and British pound. Platinum ended lower, but silver gained.
Gold edges lower as dollar climbs
Gold fell Tuesday as a resurgent U.S. dollar along with lower risk appetite and sovereign debt worries dented investment interest in the metal.
China says committed to US debt, wary on gold
China, the world’s biggest holder of foreign exchange reserves, renewed its commitment to the US Treasury market on Tuesday but said it would be wary of substantially boosting its gold holdings.
Forex investment strategy revealed
CHINA regards United States Treasuries as important but is wary about gold as an alternative when it comes time to diversify the world's biggest foreign exchange reserves, the nation's top currency regulator said yesterday.
Gold, Silver, Metal Prices Commentary- 3/9/2010
Gold prices fell to a one-week low of under $1115.00 per ounce overnight as the US dollar continued its recent climb and reached 80.74 on the trade-weighted index.
Euro pullback takes shine off precious metal
GOLD was little changed in Europe at the end of last week after the European Central Bank held interest rates at 1pc as expected.
Canadian Stocks Finish Lower as Gold Prices Fall
The Canadian stocks finished slightly lower on Monday as the prices of gold futures fell. The S& P/TSX Composite Index finished 11.30 points or 0.09 percent lower at 11,963.84.
Euro follow Gold south, breaks general risk theme
Euro lost up to 80 pips when it hit lows of 1.3611 earlier in New York trade today.
Crisis in Euro zone may push up gold futures to Rs 17,300
Gold futures quoted in the rupee price could head towards Rs 17,250-17,300 per 10 gm in the near term before rationalising on the back ofa strengthening dollar and unwinding of the dollar carry trade among a slew of factors, said a report from


