LATEST NEWS : Gold Extends Rebound From 2014 Low as China Returns From Break

Gold rose as the drop to this year’s low lured Chinese buyers returning from a weeklong break, while investors awaited minutes of the Federal Reserve’s last meeting. Platinum extended a rally from a five-year low. continue reading at bloomberg.com

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LATEST NEWS : Gold Set for Weekly Gain on Haven Demand Amid Iraq Tumult

Gold futures capped a second straight weekly gain as escalating violence in Iraq boosted demand for the precious metal as a haven. Silver posted the longest rally in almost four months. Crude oil jumped to the highest in more than eight months on concern that a civil war looms in Iraq, OPEC’s second-biggest producer. Gold gained 6 […]

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LATEST NEWS : Gold Set for First Back-to-Back Weekly Gain Since April

Gold was little changed near the highest in more than two weeks as investors weighed whether escalating violence in Iraq will increase demand for the precious metal as a haven. Gold rallied this week while oil extended gains today and European equities fell as Iraq’s Shiite-led government struggled to retain control of Sunni-majority regions, after army units […]

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Gold Declines as Traders Book Profits After Advance

Gold declined in New York, trimming a monthly advance, as some traders booked profits after prices climbed to a 17-week high and amid speculation a weaker yuan may hurt demand fromChina. Gold is the third-biggest gainer, after coffee and lean hogs, in the Standard & Poor’s GSCI gauge of 24 commodities this year on speculation haven demand […]

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Gold Advances in New York as Ukraine Unrest Spurs Haven Demand

Gold climbed in New York, after reaching a 17-week high yesterday, on speculation that investor demand for haven assets will increase amid unrest in Ukraine. Gold is heading for a second month of gains, the longest such run since August, as concern that the U.S. recovery may be faltering and unrest in emerging markets boosted demand for a store […]

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Gold Rises to 3-Month High on Haven Demand as Silver Extends Run

Gold advanced to the highest level in more than three months as speculation the U.S. economic recovery will slow spurred demand for a haven. Silver headed for the longest run of gains since at least 1968. Bullion climbed 4.1 percent last week, the most since the period ended Aug. 16. U.S. factory production unexpectedly declined […]

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Gold Advances to Highest Since November on Dollar as China Buys

Gold futures rose to the highest price since November as physical purchases from China and a weakening dollar spurred demand. Silver extended its longest winning streak in almost six months. Gold is rebounding from its biggest annual drop since 1981 as global equities and emerging markets weakened and lower prices spurred physical buying. Chinese consumers returned from the week-long […]

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Gold Declines From Two-Month High as Investors Weigh Stimulus

“Gold retreated from the highest level in two months as some investors deemed the rally as excessive on speculation that the U.S. Federal Reserve will further reduce monetary stimulus at a policy meeting this week. Bullion for immediate delivery fell 0.2 percent to $1,268.14 an ounce at 4:15 p.m. in Singapore, after rising as much as […]

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Gold Futures Advance to Three-Week High on Stimulus Speculation

Gold futures rose to a three-week high on speculation that the Federal Reserve will maintain the pace of monetary stimulus to boost economic growth. Fed policy makers will delay reducing $85 billion in monthly bond purchases until March, according to the median estimate of 40 economists in a Bloomberg survey last week. The partial U.S. government 16-day […]

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Gold Advances Most in a Week on U.S. Government Shutdown Concern

Gold advanced the most in a week as U.S. lawmakers struggled to reach an accord on raising the nation’s debt limit, increasing demand for the precious metal as a haven. With the U.S.’s borrowing authority set to lapse Oct. 17, Senate Majority Leader Harry Reid said yesterday that he had a “productive conversation” with Minority Leader Mitch McConnell, […]

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