Gold Speaks

Gold futures extend recent declines and as the U.S. dollar strengthens a little after mixed U.S. data. Originally from MarketWatch

Originally from MarketWatch

Gold prices close lower to log a second-straight session of declines as upbeat U.S. economic data helps drive gains in the U.S. stock market. Originally from MarketWatch

Gold prices fall as upbeat U.S. economic data helps drive gains in the U.S. stock market. Originally from MarketWatch

LOS ANGELES (MarketWatch) — Hong Kong stocks fell in early Thursday trading, joining losses elsewhere in Asia after strong gains in the previous session, with the Hang Seng Index dropping 0.4% to 18,345.98. Mainland Chinese firms fared little better, with Hong Kong’s Hang Seng China Enterprises Index losing 0.3%, and the Shanghai Composite retreating 0.7%. [...]

Gold futures finish lower, with investors favoring the U.S. dollar over gold after the European Central Bank’s loan offer to euro-area banks. Prices hold above $1,600 an ounce but log their sixth loss in eight sessions. Originally from MarketWatch

SAN FRANCISCO (MarketWatch) — Gold futures closed lower Wednesday, pulling back by $4 an ounce after a gain of nearly $21 in the previous session as the U.S. dollar saw modest strength in the wake of the European Central Bank’s loan offer to euro-area banks. Gold for February delivery fell 0.3% to settle at $1,613.60 [...]

Gold futures edge lower, with investors favoring the U.S. dollar over gold after European Central Bank’s loan offer to euro-area banks, but prices hold above $1,600 an ounce. Originally from MarketWatch

SAN FRANCISCO (MarketWatch) — Gold futures edged lower Wednesday to give back part of the previous session’s gains, while crude-oil prices headed higher, poised to extend a two-session climb. Gold for February delivery was down $4, or 0.3%, at $1,613.60 an ounce on the Comex division of the New York Mercantile Exchange. On its first [...]

Last week, gold futures climbed 1.3 percent on Friday, but still posted a 6.9 percent loss for the week. It was the biggest decline for gold in three months. Some were quick to announce the gold bull market dead, but many investors disagree. Furthermore, actual demand for physical precious metals continue to show strength. Originally [...]

Originally from MarketWatch

Alisa Parenti has the latest money and market news as stocks are poised for their first win of the week and commodities continue to trek lower. Originally from MarketWatch