Posts Tagged ‘palladium’

Gold Advanced to its Highest Level in Three Weeks on Iraq Unrest

by Forex Rooton August 8, 2014 8:07 am BST
XAUUSD advanced to the highest level in three weeks, poised to snap the longest run of weekly losses since September, as haven demand increased on unrest in the Middle East and tension over Ukraine. XAUUSD for immediate delivery rose as much as 0.7 percent to $1,322.14 an ounce, the highest since July 18, and was […]

XAUUSD Aiming $1,300 After China’s Services Data

by Forex Rooton August 5, 2014 7:48 am BST
XAUUSD tumbled 28 percent last year on expectations for reduced stimulus in the world’s largest economy. Prices rallied 7.5 percent this year partly on tensions in Ukraine and in the Middle East, where Israel and the Palestinians yesterday agreed to a 72-hour truce in Gaza. XAUUSD for immediate delivery gained as much as 0.3 percent […]

Gold Declines as Investors Assess U.S. Outlook, Global Tensions

by Forex Rooton July 18, 2014 9:23 am BST
Gold retreated after the biggest advance in a month as investors weighed the outlook for U.S. monetary policy against increased geopolitical tensions around the world. Palladium dropped from a 13-year high. Gold rebounded this year from the biggest annual drop in more than three decades, in part as tension between Russia and Ukraine, unrest in […]

Gold climbed to $1,324.41; USD weaker ahead FOMC

by Forex Rooton July 9, 2014 9:02 am BST
The dollar was little changed near the lowest in four days versus a basket of 10 major currencies before the U.S. Federal Reserve releases minutes of its June 17-18 meeting, when it cut asset purchases for a fifth time. Three rounds of monetary stimulus from the Fed and better-than-forecast corporate earnings have driven the S&P […]