Articles Tagged "currencies"

Gold Extends Rally on Demand for Haven Amid Euopean Debt Woes

Gold – Bloomberg reports that Gold rose for the third straight day in New York as European-debt concerns mounted and the dollar dropped.

Gold Advances for a Third Day

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 Futures Are Little Changed

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 rises on eurozone worries

Gold – Reuters reports that Gold rose on Thursday, holding firm against a stronger dollar for a second straight day.

Gold Futures Rise, Capping Third Straight Monthly Gain

Gold – Bloomberg.com reports that the Gold futures rose on speculation that the Federal Reserve will increase debt purchases.

Gold: Risky Play or Safe or Bet?

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 [...]