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Gold

PRECIOUS-Gold holds up as US strikes deal to end budget impasse
www.reuters.com

SINGAPORE, Oct 17 (Reuters) – Gold was little changed on Thursday as U.S. lawmakers moved closer to passing a deal that would end a two-week long government shutdown and deflect the country from defaulting on its debt. FUNDAMENTALS * Spot gold …

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Gold Fluctuates as U.S. Deal Avoids Default, Reopens Government
www.bloomberg.com

Gold fluctuated after U.S. lawmakers reached an agreement to increase the debt ceiling and avert a government default in the largest economy, putting the focus back on a reduction in stimulus from the Federal Reserve. Bullion for immediate delivery …

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Gold rises on news of possible US downgrade
www.investing.com

Investing.com – Gold futures traded higher during Wednesday's Asian session on news one of the major credit ratings agencies is mulling a downgrade of the U.S. sovereign debt rating. On the New York Mercantile Exchange, gold futures for December …

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U.S. Brinkmanship Increases Risk Of Credit Cut, But Good For Gold
www.forbes.com

(Kitco News) -Although the U.S. Senate has reportedly reached an agreement to raise the debt ceiling and reopening the government, the damage could be done and the country could be faced with another downgrade by rating agencies, according to some …

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Man Booker winner Catton mines rich seam after gold rush tale
uk.reuters.com

Set in the 19th-century gold rush in western New Zealand, it has a sprawling plot and cast of characters that take in a blackmailing schooner captain, murder, a whore with a heart of gold, her lover and "astral twin", opium and gold smuggling, a …

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Gold Slumping to Four-Year Low for Best Forecasters: Commodities
www.bloomberg.com

Gold will drop in each of the next four quarters and reach a four-year low as reduced U.S. stimulus in response to faster economic growth curbs demand for bullion as a haven, the most accurate forecasters said. The metal will decline to an average of …

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US gold coin sales surge in Oct. on price drop, Washington impasse
www.reuters.com

NEW YORK, Oct 16 (Reuters) – Demand for U.S. gold coins has surged in October, reversing recent weak sales, boosted by bargain hunting as prices plunged below $1,300 an ounce and some safe-haven buying due to the U.S. budget impasse. On Tuesday …

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PRECIOUS-Gold edges up as US scrambles to resolve budget impasse
www.reuters.com

Premiums in India, China rise as demand picks ups (Adds trader comments, updates prices) By A. Ananthalakshmi SINGAPORE, Oct 16 (Reuters) – Gold edged higher on Wednesday, turning round after falling in early Asian hours, as U.S. lawmakers …

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PRECIOUS-Gold under pressure as US debt crisis nears end
www.reuters.com

NEW YORK/LONDON, Oct 16 (Reuters) – Gold was flat to slightly lower on Wednesday as U.S. lawmakers closed in on a deal to avert a U.S. default on its debt and re-open government, further erasing bullion's appeal as a safe-haven asset. Losses were …

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