The gold price is set for its largest one-day rise since mid-December, boosted by a rise in the euro against the dollar. Originally from Mineweb – Daily news headlines
Originally from MarketWatch
Originally from MarketWatch
Originally from MarketWatch
Gold’s recent selloff pushed the precious metal through its 200-day moving average for the first time since Jan. 2009 early Wednesday. That’s usually a bad sign for an asset, as these moving averages are used to even out daily blips and signal a shift in a long-term trend. And indeed, gold’s losses have more than [...]
Once-upon-a-time, a debt default wasn’t known as “forgiveness”…Since Nixon cut the dollar link to gold we’ve seen a succession of ever bigger credit bubbles. Originally from Mineweb – Daily news headlines
The gold price is up 2.3% so far this week and remain on track to post its strongest weekly gain since early September, boosted by a fall in the dollar, which dipped against a basket of currencies. Originally from Mineweb – Daily news headlines
Gold rose more than 1% on Friday after Germany’s approval of an expansion of the euro zone bailout fund offered temporary relief to investors, but prices are headed for a monthly fall of 11%, the worst since October 2008. Originally from Mineweb – Daily news headlines
After recording a drop of more than 1% in early trade on Friday, gold is heading for its biggest weekly drop since March 2009. Originally from Mineweb – Daily news headlines
NEW YORK (Reuters) – Gold futures fell more than $100 on Wednesday, one of the steepest falls ever, as strong U.S. economic data and expectations of more Federal Reserve stimulus accelerated profit taking from the safe-haven record high of a day ago. Originally from Reuters: Business News
Gold drops below $1,800 an ounce, extending losses to a second day and suffering its biggest one-day decline since March 2008. Originally from MarketWatch
Originally from MarketWatch
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