10-Year Treasury yield higher at 2.62%. Nymex flat at $106.05. Gold 0.1% lower at $1312.70. In Europe, FTSE 100 up 0.3%, DAX up 0.3% and CAC 40 up 0.1%. In Asia, Nikkei 225 down 0.1% and Hang Seng up 0.1%. WATCH FOR: No major U.S. economic …
(Kitco News) – Gold futures pushed above $1,300 an ounce for the first time since May 22, spurred on by technical-chart buying, a weaker U.S. dollar and the sense the Federal Reserve remains dovish. The market is also getting underpinned by the …
The price of gold eased on Friday but was on track to post its best weekly gain in three months, with analysts contemplating whether the precious metal is on the brink of a new breakout. Gold rose 3.3 percent on Thursday, its biggest one-day rise in …
ELKO — The parent company of an Elko County gold mine on Wednesday was set to be delisted from the Toronto Stock Exchange, slightly more than a week after it filed for bankruptcy protection. The Toronto Stock Exchange will delist the common shares …
All that glitters: Gold futures gained over 3.5% to trade at $1,318 per ounce, the highest level since April. Investors who believe Fed policy will undermine the dollar view gold as an alternative currency. In addition, gold prices often rise during …
With tensions in Iraq escalating to the point that President Obama said he would deploy up to 300 military advisers to the country, investors sent prices of gold and oil surging in Thursday trading. Gold, the classic safe-haven trade, reached its …
Spot gold in afternoon trading tore through the $1,300 an ounce level to $1,313.40, gaining $34.90, or 2.73%. The gold price was solidly higher Thursday, buoyed by the U.S. Federal Reserve's dovish sentiment, a weaker dollar, and safe-haven demand.
India drives gold prices, and a recent political shift there has brightened the outlook on gold in coming months. You see, the world's second-largest population (1.237 billion people, compared to the third-largest of 313.9 million in the United States …
Gold was higher during London hours as the U.S. dollar eased after the Fed signalled on Wednesday it will stick with a near-zero interest rate policy to support the economy, disappointing traders who had bet on hints of policy tightening. Gains …