posted by
Jason65
1363 days ago
in Gold
Gold hit a three-week high above $960 an ounce Friday on the back of strong investment demand and buying linked to the initial dollar weakness, but lackluster U.S. consumer sentiment data prompted profit-taking in the metal.
posted by
CommodityTip
1363 days ago
in Gold
Gold may advance from “summer doldrums” in the Northern Hemisphere as investors seek an alternative to a weakening dollar, a survey showed.
posted by
goldmint
1364 days ago
in Gold
Gold rose above $950 an ounce in Europe on Friday after heavy selling of the dollar late in the previous session boosted interest in the metal as an alternative asset, with rising oil prices also lending support.
posted by
GoldTatoo
1364 days ago
in Gold
Gold is trading at $950 as of 9:34am, London Time. Gold’s Pool-Position is 85% Long, meaning that most Finotec clients are buying the precious metal.
posted by
fxcashmonster
1364 days ago
in Gold, Metals
Gold futures ended slightly higher Thursday on a weaker dollar and better equities market amid improving overall economic sentiment, prompting investors to buy precious metals across the board.
posted by
crunchy
1365 days ago
in Gold
Gold prices held steady above $940 an ounce on Thursday, underpinned by light physical buying, but the topside was capped by firmness in the dollar, which makes the precious metal expensive for investors holding other currencies.
posted by
post-it
1365 days ago
in Gold
Gold prices held steady above $940 an ounce on Thursday,underpinned by light physical buying, butthe topside was capped by firmness in the dollar, which makes the precious metal expensive for investors holding other currencies.
posted by
BloodDiamond
1365 days ago
in Gold, GDP
Equities provided another unchanged day. Rallies in stocks could not be sustained, but bulls have yet to throw in the towel. Tomorrow might be the make or break day as initial jobless claims and a revised 2nd Quarter GDP figure are released.
posted by
jerome
1366 days ago
in USD, Gold
Gold prices inched up today as the dollar barely moved after slipping the day before, but investors were wary about rising equities drawing money away from bullion, and also before US housing data due later in the day.
posted by
mateo
1366 days ago
in USD, Gold, Housing
Gold prices inched up as the dollar barely moved after slipping the day before, but investors were wary about rising equities drawing money away from bullion, and also before US housing data due later in the day.
posted by
GoldTatoo
1366 days ago
in USD, Gold, Oil
Gold futures on the COMEX Division of the New York Mercantile Exchange ended higher on Tuesday as dollar went down, but gains were limited by falling oil. Silver was up, but platinum inched down.
posted by
WebMarket
1366 days ago
in Gold
Gold will rise to more than $1,000 an ounce next month based on moving-average “deja vu” patterns since the start of 2005, according to Barclays Capital.