Sluggish Chinese PMI Drives Gold up in Asian Markets
Gold – Reuters reported that sluggish Chinese PMI data dragged the equities markets down on Thursday, giving gold a push.
Articles Tagged "Gold prices"
Gold Prices Rise to $1,397.51 an Ounce
Gold – Gold prices rose May 22 due to a falling US dollar and US Federal Reserve officials diminishing investors' fears that it would reduce its bond-buying program, Reuters reported.
Slumping Gold Gets Lift from Chinese Demand
Gold – Reuters reported that gold rallied slightly on Wednesday, given a boost by solid Chinese demand and by a dollar weakened over concerns from investors about U.S. Federal stimulus.
Gold Falls to $1,374.95 an Ounce
Gold – Gold continued its decline May 21 as the U.S. dollar strengthened and speculation that the U.S. Federal Reserve may reduce its stimulus program rises.
Gold Inches up on Tuesday on Chinese Buying
Gold – Reuters reported that gold climbed modestly on Tuesday, but is still suffering from a shift in investor sentiment towards equities.
Gold Hits $1,338.95, then Rises to $1,363.40
Gold – Reuters reported that spot gold reached a low of $1,338.95 per ounce this morning, its lowest price since April 16, pushed down by speculation that the Fed will dial back its economic stimulus program. However, it later rose up to $1,363.40.
Gold Falls More Than $28 in New York
Gold – Gold prices fell today, putting the metal on track for its longest run of losses since March 2009.
Gold Dips to One-Month Low, On Track for Most Extended Downturn Since 2009
Gold – Reuters reported that gold is continuing its descent and is nearing a one-month low, while heading towards the largest downturn since 2009.
Gold Falls to Three-Week Low
Gold – Reuters reported that gold backtracked on Wednesday, hovering around a three-week low because of disappointing European growth numbers.
Gold Falls to $1,427.56 an Ounce in New York
Gold – Gold fell $2.855, to $1,427.56 an ounce, on the COMEX in New York.
