SAN FRANCISCO (MarketWatch)—Gold prices pulled back Wednesday, with the yellow metal—often viewed as an inflation hedge—moving down after a report showed inflation remains in check. Gold for December delivery GCZ4, -0.24% fell $6.20, or 0.5%, …
Gold advanced 2.9 percent this month as equities fell after the International Monetary Fund cut its growth outlook and Federal Reserve policy makers said slowing foreign economies were a risk to U.S. expansion. Speculators added bullish gold bets for …
At about $1,245 an ounce, gold isn't far off parity with platinum at about $1,270. This doesn't happen often. In the past 20 years, gold has matched or exceeded the platinum price only about 7% of the time. And much of that occurred between the summer …
LONDON: Gold eased on Wednesday from the previous day's 6-week peak as the dollar rose to a one-week high against the euro and on signs of softening physical demand. Prices were supported however by worries over the outlook for the global economy, …
Even as gold prices have fallen 10 per cent this year due to low inflationary pressures and a stronger dollar, Chinese gold producers have continued to scour the world for mining assets, betting that resilient longer-term domestic demand will underpin …
SINGAPORE, Oct 23 (Reuters) – Gold steadied above $1,240 an ounce on Thursday after dipping overnight on a stronger dollar, but caution prevailed ahead of a host of global economic data and on further outflows from bullion funds. FUNDAMENTALS …
NEW YORK/LONDON, Oct 22 (Reuters) – Gold dropped on Wednesday, snapping a two-day rise as weak U.S. inflation data and a dollar rise prompted bullion investors to take profits after the previous session's six-week high. Bullion came under pressure …
Gold and platinum are prized for their rarity. What is happening with their prices right now is also pretty unusual. At about $1,245 an ounce, gold isn't far off parity with platinum at about $1,270. This doesn't happen often. In the past 20 years …
LONDON (Reuters) – Gold slipped on Wednesday from the previous day's six-week peak as the dollar rose to a one-week high against the euro and on signs of softening physical demand. Prices were supported at the lower levels however by worries over the …