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.
Articles Tagged "currencies"
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 Rises on Speculation Wide Swings in Currencies to Boost Metal Demand
Gold – Bloomberg reports that Gold futures rose on speculation that wide swings in currency markets will boost demand.
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 retreats but euro zone debt woes underpin
Gold – Reuters reports that Gold eased back toward $1,380 an ounce on Wednesday.
Gold Rises Most in Two Weeks as Dollar Declines
Gold – Bloomberg reports that Gold futures headed for the biggest gain in two weeks.
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 hits 2-1/2 week low as dollar firms
Gold – Reuters reports that on Friday, Gold hit its lowest in more than two weeks in Europe as the dollar strengthened.
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 [...]
