Posts Tagged ‘platinum’
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Gold Fell Back Towards 5 year Lows As Investors pull Away

by Forex Rooton July 22, 2015 11:29 am BST
Spot gold was down 0.5 percent at $1,095.69 an ounce at 0940 GMT, while U.S. gold futures for August delivery were down $8.70 an ounce at $1,094.80. On Monday, gold slid to its lowest since March 2009 at $1,088.05 an ounce. Gold slides towards five-year low as investors pull back from the precious metal, with […]

Gold to $1,000?

by Forex Rooton October 31, 2014 9:05 am BST
Gold and silver slumped to the lowest level since 2010 as the dollar strengthened after the Bank of Japan unexpectedly boosted unprecedented stimulus and the Federal Reserve ended asset purchases. Bullion for immediate delivery lost as much as 2.6 percent to $1,167.49 an ounce, the lowest since July 2010, and traded at $1,177.26 at 4:13 […]

Gold at 7 Month Low on US Outlook; Silver Slips

by Forex Rooton September 11, 2014 3:18 pm BST
Gold slides to a seven-month low in New York as investors assessed the outlook for an improving U.S. economy. Platinum reached the lowest since February. Prospects for higher borrowing costs in the U.S. and the European Central Bank’s announcement of more stimulus helped the Bloomberg Dollar Spot Index reach a 14-month high yesterday. Data this […]

Gold dropped After The US Manufacturing Data

by Forex Rooton September 2, 2014 5:33 pm BST
Gold slides to 11-week lows as U.S. manufacturing in August expanded at the fastest pace in three years, bolstering prospects for the economy and damping demand for the precious metals as a haven. Gold has dropped this quarter on concern that the Federal Reserve is closer to raising interest rates. In August, holdings in exchange-traded […]