Gold sets fifth straight weekly gain; ends $1,264

Gold settled higher on Friday as the dollar whipsawed and a global flight from emerging market assets set global stock markets on course for their worst week so far in 2014. The U.S. currency remained wobbly after registering its biggest one-day drop in three months on Thursday. Spot gold hovered near $1,265 an ounce, retreating after […]

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Gold Bulls Persist on Dollar Drop as Stimulus Kept: Commodities

Gold analysts are bullish for a second week on speculation that prolonged U.S. stimulus and a weakening dollar will boost demand for the metal as a haven. Seventeen analysts surveyed by Bloomberg News expect prices to advance next week, nine are bearish and six neutral. The Bloomberg U.S. Dollar Index, a measure against 10 currencies, slid to […]

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Gold Traders Most Bullish Since March as Paulson Cuts

“Gold traders are the most bullish in five months on signs that demand for coins and jewelry increased during a plunge in prices that prompted billionaire investor John Paulson to cut his holding for the first time since 2011. Thirteen analysts surveyed by Bloomberg expect prices to rise next week, four were bearish and five […]

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