Entries Tagged ‘week’

Gold Christmas Week Rally Spied as ECB Member Sees “No Reason” Not to Use Q.E.

WHOLESALE PRICES to buy gold were little changed in London on Friday, ending the short pre-Christmas session at $1607 per ounce, some 0.6% higher against the Dollar from last week’s finish. Silver prices also held flat, moving in a tight range below $29.50 per ounce and recording a London Fix almost 1.9% down for the [...]

ZKB ETF gold holdings up 0.5% on week

Gold holdings in the exchange-traded fund of Zurich Cantonal Bank, or ZKB, edged 0.5% higher in the week to Dec. 16, according to ZKB data Wednesday. Holdings in the gold ETF rose 35,470 troy ounces to 7.054 million ounces. Silver holdings rose 1.8% to 81.082 million ounces. Platinum holdings were unchanged at 368,856 ounces, while [...]

ZKB ETF gold holdings up 0.5% on week

Gold holdings in the exchange-traded fund of Zurich Cantonal Bank, or ZKB, edged 0.5% higher in the week to Dec. 16, according to ZKB data Wednesday. Holdings in the gold ETF rose 35,470 troy ounces to 7.054 million ounces. Silver holdings rose 1.8% to 81.082 million ounces. Platinum holdings were unchanged at 368,856 ounces, while [...]

Audio: Radio Update: Gold falls almost 7% for the week

Alisa Parenti has the latest market and money news, including a gold settlement higher by $20, but still shy of $1600 an ounce. Originally from MarketWatch

Gold futures end the week 6.9% lower

Originally from MarketWatch

Gold ends higher, suffers nearly 7% loss on week

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 [...]

Despite rebound, gold on track for worst week in 3 months

While the yellow metal rallied on Friday, helped by a weaker dollar, it was not enough to outweigh the sharp pullback seen over the last four sessions. Originally from Mineweb – Daily news headlines

Which is having a worse week, gold or Gingrich?

Originally from MarketWatch

Metals Stocks: Gold at 7-week low on euro fund reports

Gold futures fall, notching a seven-week low, as U.S. stocks retrace a portion of earlier gains and the dollar trades higher on reports Germany is against the idea of raising the ceiling of the euro zone’s permanent rescue fund. Originally from MarketWatch

Metals Stocks: Gold looks at another 7-week low

Gold futures fall, poised for a fresh seven-week low, as U.S. stocks retrace a portion of earlier gains and the dollar trades higher. Originally from MarketWatch

Gold at seven-week low; silver, platinum higher

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 [...]

Metals Stocks: Gold wavers after hitting 7-week low

Gold futures fluctuates between mild gains and losses after the previous session’s selloff. Originally from MarketWatch