Posted on March 14, 2012 7:15 pm GMT
Gold prices have fallen to their lowest level since mid-January, after extending a decline during the New York trading session on Wednesday. The precious metal has been weakening since the U.S. Federal Reserve’s somewhat brighter economic outlook boosted the dollar […]
Posted on March 12, 2012 2:32 pm GMT
Spot gold prices dipped on Monday below the key $1,700 level as a result of China posting its largest trade deficit in over 20 years. China is the world’s second largest economy and top commodities consumer, which is why generally […]
Posted on February 21, 2012 3:05 pm GMT
Gold rose for a second day today, taking its cue from a rally in the euro after European finance ministers struck a deal with Greece on a second bailout package, early Tuesday morning in Brussels.
Euro zone finance ministers signed off […]
Posted on January 11, 2012 8:51 am GMT
Gold prices rose to a four-week high on Wednesday spurred by strong physical demand in Asia and also helped by the upbeat sentiment in markets in the past two days, which showed a rebound in the euro.
Gold hit a high […]
Posted on January 10, 2012 3:23 pm GMT
Gold has been steadily rising since December 29 last year when it touched the lowest level since July 6. It rebounded from $1,522.35 to peak at $1,640.05 in New York trading on Tuesday.
The precious metal had traded most of 2011 […]