Friday, November 20th, 2009

Posts Tagged ‘ Spot Gold ’

Gold Steadies as Euro Trims Losses vs Dollar

Sep 28th, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold was steady on Monday after briefly falling below $990 an ounce, as the euro trimmed some losses versus the dollar, but bullion looked vulnerable to a long liquidation after it failed to stay above $1,000 an ounce.



Gold Hits 6-month High, Eyes U.S. Payrolls Data

Sep 3rd, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold prices rallied today, Thursday, to their highest level since February on strong investment demand amid caution ahead of key U.S. non-farm payrolls data on Friday (London GMT).



Gold Firms after U.S. Manufacturing Data

Sep 1st, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold climbed on Tuesday after data showed the U.S. manufacturing sector grew more than expected in August, lifting appetite for assets seen as higher risk, such as commodities, and boosting inflation fears.



Gold Ends Lower as Risk-averse Investors Sell

Aug 31st, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold futures trimmed losses but still ended lower on Monday, as risk-averse investor sentiment and a tumbling Chinese equities market prompted selling in bullion and other commodities.



Gold Hits 3-wk High as Soft Dollar Supports

Aug 28th, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold hit a three-week high above $960 an ounce on Friday as buying linked to the weaker dollar pushed the metal through technical resistance, before paring gains after U.S. consumer sentiment data pressured the euro.



Gold Eases as Dollar Recovers after U.S. Data

Aug 26th, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold eased on Wednesday, giving up earlier gains, as the dollar recovered losses against the euro after U.S. durable goods data failed to impress, tempering appetite for the metal as an alternative asset.



Gold, Silver Hit 7-week Highs on Weak Dollar

Aug 3rd, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold and silver prices climbed to their highest in seven weeks on Monday, as the dollar’s slide to its lowest since mid-December boosted interest in hard assets.



Gold Firms as Dollar Falls after U.S. Data

Jul 30th, 2009 | By Contrarian Profits | Category: Financial News

Gold rose on Thursday as the dollar fell versus a basket of currencies, with rebounding stock markets and U.S. jobless figures showing a decline in continuing claims boosting appetite for assets seen as higher risk.



Largest Gold ETF Reports Fresh Outflow

Jul 22nd, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold held just under $950 an ounce today, Wednesday, as the dollar steadied against a basket of currencies with weakness in the euro underpinning prices, but gains were capped by lack of physical demand for the metal.



Gold Firms as Weak Dollar Prompts Buying

Jul 9th, 2009 | By Contrarian Profits | Category: Featured, Gold Market

Gold firmed today, Thursday, as weakness in the dollar prompted interest in the precious metal as a currency hedge, with some physical demand after the previous session’s fall also supported prices.