(Reuters) – Gold price reversed early losses and rose to mark a 4-month high as U.S. economic data provoked doubts on the world’s largest economy pace of recovering. Weaker than expected economic data releases from … Continue reading
(Reuters) – gold price held firm on Wednesday morning due to inflows in gold-backed funds this month and uncertainty of U.S. jobs data due to be released on Friday. Lack of Asian demand on physical … Continue reading
(Bloomberg) – Hedge funds increased less bullish on gold for a fourth directly week, the longest stretch since November 2012, as mounting anxiety that the government Reserve will constrain monetary stimulus sent charges to a … Continue reading
(Reuters) – Gold price reached its lowest since early July losing 2% on Monday as U.S. manufacturing data came better than expected. The yellow metal price dropped sharply as the strong economic data from the … Continue reading
(Reuters) – On Wednesday, gold improved, halting its longest losing streak in almost six months as the dollar dropped on proceeded talks of expanding the lifespan of the U.S. Federal Reserve’s incentive. The time for … Continue reading
(Reuters) – On Monday, gold slightly higher as the dollar withdrew but resided under force from talk the European Central Bank may reduce monetary policy and conjecture the government Reserve may scale back U.S. incentive … Continue reading
(MarketWatch) – On Friday, gold futures fallen toward $1,300 an ounce, ready for a loss of more than 3 percent for the week as the U.S. dollar rallied against the euro on speculation that reduced … Continue reading
(Reuters) – On Thursday, gold dropped to 1-week lows as the dollar recovers after the U.S. Federal Reserve’s latest policy view was deemed less dovish than some had ventured on. The yellow metal had increased … Continue reading
(Bloomberg) – Barrick Gold Corp. (ABX), the world’s biggest producer of the yellow metal by sales, said it will temporarily hover building at its Pascua-Lama mine task on the Argentina-Chile boundary to conserve cash. All … Continue reading
(Bloomberg) – Gold dropped for the 3rd day, on the assumption that the U.S. Fed can start tapering monetary stimulus because the economy progresses. Bullion for immediate delivery dropped 0.7% to reach $1,335.30 an oz, … Continue reading