Gold prices on Tuesday surged to an all-time high after India’s central bank bought 200 tonnes of the metal from the IMF, swapping dollars for bullion as the country’s finance minister warned that the European and US economies...
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Physical demand picks up, volumes still weak Gold GC-FT softened a touch in Europe on Tuesday as the dollar index recovered from the 15-month low it hit in the previous session, but remained near record highs as traders bet the...
Gold held near record levels above $1,100 on Tuesday while crude oil prices were little changed after a strong rise in the previous session. Goldman Sachs said the broad strength seen recently across commodity markets reflected...
Gold hit a record above $1,110 yesterday with the dollar weakening after a pledge by G20 countries to keep economic recovery pumped up with easy money. The gold price jumped to $1.111.20 in trading in London at 13.13 GMT, as...
Gold Fever With gold price briefly surging over $1,100 an ounce on Friday, I found the following data interesting: Long term U.S. Dollar index – Trade weighted Exchange Rate 1973 – 2009 You can clearly see the decline since it...
Gold prices climbed to another new high Monday as the U.S. dollar sank to a 15-month low. Gold for December delivery soared as high as $1,111.70 on the New York Mercantile Exchange before settling at $1,101.40 an ounce, up...
Tuesday, November 10, 2009 SINGAPORE: Indian jewellers chased gold bars on Monday as a firm rupee currency helped consumers cope with bullion’s rise to an all-time high in the middle of the country’s wedding season. Purchases...
Gold futures on the COMEX Division of the New York Mercantile Exchange set a new all-time high on Monday as U.S. dollar slid to a 15-month low. Silver and platinum both rose. The most active gold contract for December delivery...
Gold continued to rally to record levels on Monday as a weaker U.S. dollar added to the precious metal’s value as a hedge investment. December gold rose to $1,101.40 per ounce, a gain of $5.70 on the session. Prices touched as...
SAN FRANCISCO (MarketWatch) -- Gold futures closed above $1,100 an ounce Monday for the first time, as the dollar fell to a 15-month low and investors kept piling into bullion on expectations other central banks would buy the...
CHICAGO, Nov. 9 (Xinhua) -- Gold futures on the COMEX Division of the New York Mercantile Exchange set a new all-time high on Monday as U.S. dollar slid to a 15-month low. Silver and platinum both rose. The most active gold...