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Gold

Gold eases on stronger dollar, stimulus worries
www.cnbc.com

Gold hovered near $1,300 an ounce on Thursday, as the U.S. dollar rebounded on signs Washington was moving towards breaking a stalemate over debt and averting a U.S. default. House Republican leaders will visit the White House on Thursday as efforts …

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European Central Bank Gold Sales Lowest Since 1999 Accord
www.bloomberg.com

Central banks, which own 18 percent of all the gold ever mined, will add as much as 350 tons valued at about $15 billion this year, the council estimates. They purchased 535 tons in 2012, the most since 1964. Gold fell to a 20-year low in August 1999 …

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Gold Retreats Below $1300
online.wsj.com

NEW YORK—Gold prices fell as investors shed the haven asset amid hopes that upcoming talks between President Barack Obama and House Republicans would pave the way for a resolution to the U.S. government standstill. The most actively traded …

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Gold Falls, Dollar Rebounds on DC Progress
www.foxbusiness.com

Gold fell below $1,300 an ounce on Thursday as the dollar rebounded on signs Washington was moving towards breaking a stalemate over debt and averting a U.S. default. House Republican leaders will visit the White House on Thursday as efforts intensify …

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Yellen Nomination Seen As Friendly For Gold But Eventual Tapering Still Expected
www.forbes.com

(Kitco News) – Janet Yellen's nomination as the next chief of the Federal Reserve is constructive for gold in the intermediate term since it does not signal a hasty rush out of quantitative easing, most analysts say. Still, others say the metal's price …

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China's Hunger for Gold Triggers Speculation About Reserves
blogs.wsj.com

China is on pace to consume a record amount of gold this year, which may be partly due to the central bank diversifying its foreign-exchange reserves, analysts say. China imported around 861.40 metric tons of gold via Hong Kong in the first eight …

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Gold, silver fall on profit booking, weak global trend
economictimes.indiatimes.com

NEW DELHI: Gold and silver prices dropped in the national capital today on emergence of profit booking by stockists at existing higher levels and reduced offtake by investors amid a weakening global trend. Gold plunged by Rs 120 to Rs 30,810 per ten …

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For Staten Islanders dealing in gold, it's a case of seller beware
www.silive.com

After visiting 12 locations on Staten Island and one in Manhattan to get an estimate on an 11-gram, 14-karat gold chain with a 14-karat gold cross and a St. Anthony medallion, the differences in the price amounted to hundreds of dollars — from $120 to …

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REFILE-PRECIOUS-Gold drops close to $1300 on stronger dollar, stimulus worries
www.reuters.com

(Corrects day of week in paragraph 1) SINGAPORE, Oct 10 (Reuters) – Gold dropped close to $1,300 an ounce on Thursday, as the dollar bounced from an eight-month low and on signs the Federal Reserve may trim its stimulus measures this year.

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