Gold Drops to $1,381 as US Dollar Strengthens
Gold – Gold prices slipped June 17 as the US dollar rose.
Articles Tagged "gold market news"
Investor Concern In Advance of U.S. Fed Meeting Pulls Gold Down Slightly
Gold – Bloomberg reported that gold pulled back on Monday in London, as investors were cautious in advance of a two-day U.S. Fed meeting.
Analysts Expressing Bleak Sentiment for Gold, Bullion on Track for First Annual Drop Since 2000
Gold – Bloomberg reported that gold traders are bearish, and have reduced their ETP holdings for an unprecedented 17th week in a row.
Gold Continues to Rally on Soft Dollar, Equity Markets
Gold – Reuters reported that gold got a boost on Thursday as both the dollar and the equity markets moved down.
Gold Up $7.73 to $1,386
Gold – Gold prices on the Comex in New York increased June 12 $7.80 to $1,384.80 an ounce.
Gold Hovers Around $1,380/oz as Equities Gain Stability
Gold – Reuters reported that gold found steady ground in London on Wednesday, holding close to $1,380/oz, as equities gained some balance after two days of losses.
Gold at 2-Week Low of $1,368
Gold – Spot gold fell more than $17 June 11 to $1,368.61 an ounce.
China Approves First Gold ETFs
Gold – Nasdaq reports that China will launch two gold bullion ETFs.
Gold Due to Fall to $1,250/Ounce, After Forming Symmetrical Triangle: Technical Analysis
Gold – Bloomberg reported that, according to technical analysis from Bank of America Corp., gold is poised to plummet to $1,250 an ounce over the next month.
Gold Falls to $1,384 on US Ratings Upgrade
Gold – Spot gold fell as low as $1,375.99 an ounce June 10 — a near two-week low, before recovering 0.1 percent to $1,384.79, Reuters reported.
