Gold, one of 2014's stellar performers, sold off more than 2% Monday in a rout that traders blamed on profit-taking and pre-placed sell orders. Gold started the year at $1,202 an ounce and soared 11.2% to $1,337.40 an ounce by Friday. Monday, however …
A luxury baby cot has hit the shelves with a price tag just shy of £10 million. Dubbed the most expensive cot in the world, the 24-carat gold design is priced at a staggering £9,960,000. The solid gold crib, named the Dodo Bassinet, takes six months to …
Monday 21:00 BST. Global stock markets started the week with a bang while gold suffered its biggest one-day fall this year as concerns about eurozone banks faded and “animal spirits” were bolstered by a fresh bout of bid and merger activity. The mood …
Gold posts biggest one-day drop since early December * Stocks climb as fears over euro zone banks ease * No 1 platinum producer says H1 earnings may drop 96 pct * Coming up: U.S. import-export prices, retail sales Tuesday (Adds comment, second …
If ugly headlines and weak stock performance benefit gold's price, then it should be no surprise what happens when those factors turn around. The most actively traded gold futures contract is down 2.2% Monday morning. Investors have apparently chosen …
Gold Fields (GFI – Snapshot Report) has divulged its production and cost outlook for the second quarter of 2014. The South African gold miner expects attributable gold equivalent production for the quarter to be roughly 547,000 gold equivalent ounces (oz).
(Kitco News) – A sharp sell-off in gold futures so far Monday is being blamed on heavy long liquidation, exacerbated when sell stops were triggered. As of 10:23 a.m. EDT, gold for August delivery was $29.80, or 2.2%, lower at $1,307.60 an ounce on the …
NEW YORK—Gold futures dropped on Monday, erasing nearly a month of gains, as caution ahead of speeches from European and U.S. central bankers sparked selling by some investors. The most actively traded contract, for August delivery, was recently …
The bears have seized control of the near term outlook for Comex August gold futures. The yellow metal rallied steadily throughout June and an accelerated corrective sell-off has set in. But, it is always important to examine markets across multiple …