Gold – Bloomberg reports that Gold rose for the third straight day in New York as European-debt concerns mounted and the dollar dropped.
Articles Tagged "currencies"
Gold – Bloomberg reports that Gold rose the most in a month after the dollar’s retreat boosted demand for the precious metal as an alternative investment.
Gold – Bloomberg reports that Gold futures rose on speculation that wide swings in currency markets will boost demand.
Gold – Bloomberg reports that Gold futures were little changed, erasing earlier gains, as the U.S. dollar rebounded from lows, making the metal less attractive as an alternative investment.
Gold – Reuters reports that Gold eased back toward $1,380 an ounce on Wednesday.
Gold – Bloomberg reports that Gold futures headed for the biggest gain in two weeks.
Gold – Reuters reports that Gold rose on Thursday, holding firm against a stronger dollar for a second straight day.
Gold – Bloomberg.com reports that the Gold futures rose on speculation that the Federal Reserve will increase debt purchases.
Gold – Reuters reports that on Friday, Gold hit its lowest in more than two weeks in Europe as the dollar strengthened.
The factors limiting gold have a lot to do with fear of another financial crisis bringing us back into the doldrums of 2008. And isn’t gold supposed to be a safe haven investors turn to in unstable times like these? A number of factors, real or imagined, combined to move the gold price down to [...]