SAN FRANCISCO (MarketWatch) — Gold futures rose Friday, rebounding from a 4.7% six-session loss as crude-oil futures edged lower to trade below $99 a barrel. Gold for February delivery was up $25.80, or 1.7%, at $1,566.70 an ounce on the Comex division of the New York Mercantile Exchange. Futures prices are poised for a gain [...]
China’s decision earlier this week to channel all gold trading through Shanghai shouldn’t damp mainland investors’ appetite for bullion, even as unauthorized trading platforms that have mushroomed along with the boom in precious metals are forced to close, according to analysts. Originally from MarketWatch
HONG KONG (MarketWatch) — Gold futures rose Friday in early afternoon trade in East Asia, moving back from a string of recent losses for the precious metal. Comex-traded gold for February delivery rose to $1,555.70 an ounce, up from its New York settlement of $1,540.90 Thursday. Friday’s gains follow a week-long trend that saw investors [...]
Going back 30 years, gold almost always has spiked up whenever there has been a threat to the Strait of Hormuz. On Thursday, however, gold tumbled lower. Originally from MarketWatch
The latest news from Steve Orr, including the closing numbers and gold’s sixth straight decline. Originally from MarketWatch
Gold may be the poster child for people who believe they know better than the market. This happens in the equity markets too but gold bugs have probably been the epitome. Originally from MarketWatch
Originally from MarketWatch
Originally from MarketWatch
SAN FRANCISCO (MarketWatch) — Gold futures finished lower Thursday as some upbeat U.S. economic data helped dull investment demand for the metal. Gold for February delivery fell $23.20, or 1.5%, to settle at $1,540.90 an ounce on the Comex division of the New York Mercantile Exchange, tallying a six-session decline of 4.7%. That was the [...]
Gold futures close lower as some upbeat economic data underpin gains for U.S. stocks, in turn dulling investment demand for the precious metal and extending what had been a five-session losing streak for gold. Originally from MarketWatch
Gold may be the poster child for people who believe they know better than the market. This happens in the equity markets too but gold bugs have probably been the epitome. Originally from MarketWatch
Gold futures decline as some upbeat economic data underpin gains for U.S. stocks, in turn dulling investment demand for the precious metal and extending what’s been a five-session losing streak for gold. Originally from MarketWatch
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