After climbing the most in a week as a retreat in the dollar and equities revived demand for the yellow metal, the spot price of gold has weakened marginally this week. The price of gold jumped more than 1% on Monday on a brief surge of...
Gold prices have drifted slightly lower this week after hitting the highest level in three weeks due mainly to a stronger U.S. dollar and China’s move to cut a key interest rate. The greenback received a boost last week when European...
Gold prices began this week on a softer note after surging on Friday. The price of the yellow metal snapped a seven-day loss to end sharply higher on Friday, as the price of spot gold rallied by 2.6% or $37 an ounce to close out the week...
Gold prices climbed to their highest level since September 10 last week, breaking above the $1,250 an ounce level. Gold's outlook this week will depend largely on the Federal Reserve policy meeting, when the U.S. central bank is widely...
The price of gold rebounded from its 15-month low last week to see its biggest weekly gain in four months. After failing to break below a key support level at $1180 an ounce the price of gold rallied higher for the first time in a long...
September has been a poor month for precious metals. Gold is down 5.2%, despite it being gold’s strongest month from a seasonal perspective. The price fall means that gold is heading for the first quarterly loss this year.
Gold prices have begun this week on a slightly firmer note, reversing the trend of the previous six days, after physical buying emerged in Asia as well as some short covering ahead of a meeting of the U.S. Federal Open Market Committee...
TENSION between Russia and Ukraine as well as escalating violence in the Middle East have helped support the price of gold this week as it is often regarded as an insurance against financial and political risk.
We are experiencing some very strange times. People are turning on one another over everything from race and religion to socio-economic status. Governments are waging wars against not just foreign governments, but their own citizens...
This week began with gold prices still holding above $1300 an ounce after rebounding back above this level to two-week highs last week on rising tensions both on the Ukrainian-Russian border and between Moscow and the West. Tensions in...