Posts Tagged ‘futures’

Gold Advances Before US Fed’s Data Today

by Forex Rooton October 29, 2014 9:42 am BST
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 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 […]

Brent Slides On Concern Weaker Economic Growth

by Forex Rooton October 7, 2014 4:02 pm BST
Brent Fell fifth time in six days on concern economyic will reduce demand. WTI fell before inventories data. The International Monetary Fund cut its outlook for global growth in 2015 in a report today. German industrial production fell more than economists forecast in August in the latest sign that the outlook for Europe’s largest economy […]

Gold Advanced As Traders Are Looking For Alternative Investment To Dollar

by Forex Rooton October 7, 2014 3:40 pm BST
Gold futures rose for the second straight day as the dollar’s decline boosted the metal’s appeal as an alternative investment. Gold futures for December delivery gained 0.3 percent to $1,210.60 an ounce at 10:13 a.m. on the Comex in New York. Earlier, the price fell as much as 0.4 percent. Yesterday, the metal touched $1,183.30, […]