Gold price fell 1.2% on Monday as investors awaited U.S. data due to be released later in the week that could provide clues on timing of when the Federal Reserve will begin curbing its monetary … Continue reading
(Reuters) - Gold price rose after a two-day decline on Thursday. The U.S. dollar edged lower and signs of physical demand picked up from China. Profits were kept in check due to the relatively strong … Continue reading
Gold was traded in a narrow range around the $1,250 an ounce level on Wednesday, waiting for more clues on the Fed timing of tapering their bond purchasing programme. The U.S. housing data came stronger … Continue reading
(Reuters) - Gold price steadied on Tuesday nearing a week-high as the dollar weakened, but stayed at risk of further failure on uncertainty over the U.S. stimulus outlook and weak physical demand. The price of … Continue reading
Gold price fell over 1% on Monday as higher equities and a firmer U.S. dollar injure the precious metal’s safe-haven appeal after an affirmation was reached to constrain Iran’s nuclear programme, and intensified technical trading. … Continue reading
Gold price was higher on Thursday but stayed close to a four-month low, fears that U.S. Federal Reserve might be able to start scaling back its Quantitative Easiness programme shortly was the main drive for … Continue reading
(Reuters) - Gold rose on Wednesday, breaking a four-day fall streak, after U.S. Federal Reserve officials gave mixed signals on the timing for rolling back the QE programme and monetary stimulus, plus the dollar stabilized. … Continue reading
Hedge funds slashed bullish gold bets, supplementing the most short contracts in four weeks as U.S. financial developments fueled assumptions the Feds will trim economic stimulus. Holdings across commodities have fallen the most since April. … Continue reading
(Reuters) - Gold strike three-and-a-half week lows on Monday after a shock rush in U.S. job growth reignited speculation the government book could shortly start scaling back its monetary stimulus, denting bullion’s appeal. The U.S. … Continue reading
It’s official now that the White House wants Yellen to be the head of the U.S. Federal Reserve and Bernanke’s successor. That was an interesting thought as she have much in common with the Bernanke, … Continue reading