Posts Tagged ‘bullion’

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 Continues to Advance Amid Oil’ Economy Slowdown

by Forex Rooton October 14, 2014 12:56 pm BST
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 BST
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, […]

XAUUSD Jumped After Drop to Two Month Low; XAGUSD Climbed 1 Percent

by Forex Rooton August 26, 2014 8:53 am BST
Tensions between Russia and Ukraine as well as violence in the Middle East have so far failed to stir up strong demand from investors, although some jewellers started buying bullion after prices dropped below $1,300. XAUUSD hit a session high at $1,290.80 an ounce and stood at $1,289.30 by 0721 GMT, up $12.96. Prices hit […]