Gold Range-bound as Investors Prepare for Year’s End
Gold – Gold prices spent the week in range-bound territory amid thin volume and year-end adjustments to investor portfolios.
Articles Tagged "u s gold"
Gold slips 1.3 percent as euro retreats
Gold – Reuters reports that on Thursday Gold fell 1.3 percent to close in on $1,360 an ounce.
Gold climbs above $1,420/oz on haven buying
Gold – Reuters reports that Gold rose above $1,420 an ounce for the first time since mid-November on Monday.
Gold extends gains as Ireland worries ebb
Gold – Reuters reports that Gold strengthened on Friday.
U.S. gold jumps on inflation worry after Fed’s move
Gold – Reuters reports U.S. gold futures jumped more than 1 percent on Thursday.
Rye Patch Goal: Ten Million Ounces
Rye Patch reports it has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory. The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide. Management is seeking new acquisitions [...]
Gold Price Approaches Key $1,000 Level
Gold Investing News reports gold price almost approaching the $1,000 level. Spot gold earlier fell to its lowest since May 28 of $951.50 per ounce. But it was up 0.4 per cent at $958.90 per ounce, compared with New York’s notional close of $955.30 on Friday. U.S. gold futures for August delivery trimmed earlier losses of [...]
Gold Price Toes The Currency Line
Gold Investing News reports gold price and currency market seem to go hand in hand. Spot gold was steady at $925.90 per ounce in early afternoon, compared with New York’s notional close of $925.35, and was poised for a 1 per cent rise on the week. U.S. gold futures for June delivery fell $1.8 or [...]
Gold Price Holding Its Ground
Gold Investing News reports gold prices are holding strong in the current markets. Year to date, gold is up about 3 per cent, while other economically sensitive commodities have rallied, with copper futures up more than 50 per cent. Crude oil had reached a 2009 high of over $58 a barrel on Friday, recovered from [...]
Propitious conditions for gold
Gold Investing News reports gold prices fell slightly while the dollar strengthened. According to analysts, optimistic investors read many recent commodity price gains and positive economic readings as an end to the downturn and are starting to unload safe-haven gold. What added to the melee was a firmer dollar, that also weighed on gold prices. [...]
