Talking Points Crude Oil Poised to Follow Stocks Higher Amid Recovery in Risk Appetite Gold May Fall Despite Dollar Weakness as FOMC Minutes Weigh on QE3 Bets WTI Crude Oil (NY Close): $98.83 // -0.82 // -0.82% Prices are probing above the $100/barrel figure in Europe as a recovery in risk appetite that began in [...]
While global stocks fell 8% over the year, gold fixed in London for the last time this year at $1,574.50, 11, up 11.6% on 2010 Originally from Mineweb – Daily news headlines
Gold futures inch up during Asian trading hours after recent declines and as the U.S. dollar weakens a little against the backdrop of an improvement in global stock markets. Originally from MarketWatch
–Gold storage fees have increased as more investors add gold to their portfolios –Ironically, rich individual investors can end up paying more for storage than investors with a smaller budget –Small investors tend to avoid paying higher storage fees by buying ETFs instead of gold bullion London’s famous vaults are crammed with gold and banks [...]
Gold futures finish higher Tuesday, with a weaker U.S. dollar fueling a more than $20-an-ounce gain in prices for the precious metal, as a jump in U.S. housing starts helped the stock market rally. Originally from MarketWatch
SAN FRANCISCO (MarketWatch) — Gold futures climbed Friday to break a four-session losing streak, but prices finished the week with a loss of 6.9%. The session’s gains for the precious metal came as U.S. stocks inched lower, pressured by news that Fitch Ratings placed ratings of some euro-zone nations on credit negative watch. Gold for [...]
Gold futures gain Friday, recovering a fraction of this week’s heavy losses on bargain buying, and vying to break a four-day losing streak. Originally from MarketWatch
Gold futures edge higher, recovering a fraction of this week’s heavy losses on bargain buying, vying to break a four-day losing streak. Originally from MarketWatch
Edited version of Jeff Nichols’ recent address to the China Gold & Precious Metals Summit in Shanghai. Originally from Mineweb – Daily news headlines
Gold futures edge higher, recovering a fraction of this week’s heavy losses, with analysts finding some reasons to be positive on the precious metal. Originally from MarketWatch
SAN FRANCISCO (MarketWatch) — Gold futures on Tuesday ended at a seven-week low as a rising dollar and stocks came off highs on reports Germany was against the idea of raising the ceiling of the European Stability Mechanism, or the permanent rescue fund for the euro area, supplanting earlier good news from the euro zone’s [...]
Gold futures post mild gains after the previous session’s selloff as a lower dollar and higher equities lend support. Originally from MarketWatch
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