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 […]
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 […]
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 […]
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 […]
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 […]
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