Posts Tagged ‘silver’
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Gold to $1,000?

by Forex Rooton October 31, 2014 9:05 am GMT
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 Advances Before US Fed’s Data Today

by Forex Rooton October 29, 2014 9:42 am GMT
Rising interest rates reduce gold’s allure because the metal generally offers investors returns only through price gains. The Fed said in September it planned to end asset purchases this month if the economy keeps improving. Volumes for the Shanghai Gold Exchange’s benchmark bullion spot contract rose to a three-week high today, and the U.S. Mint […]

Gold Continues to Advance Amid Oil’ Economy Slowdown

by Forex Rooton October 14, 2014 12:56 pm GMT
Gold has risen this month and the dollar and global equities weakened as Federal Reserve officials indicated a worldwide economic slowdown may delay U.S. interest-rate increases. Crude traded in New York fell for the fifth time in six days. Some investors judge that lower oil prices can curb inflation, reducing the appeal of gold as […]

Gold Advanced to Its Highest Level in Four Weeks

by Forex Rooton October 13, 2014 12:17 pm GMT
Gold climbed to the highest in almost four weeks as concern that global growth is slowing stoked bets the U.S. Federal Reserve may push back interest-rate increases, sending the dollar lower and boosting demand for a protection of wealth. Bullion rose as much as 1.2 percent in London trading, extending last week’s 2.7 percent gain, […]