Gold rises at end of week despite negative sentiment Gold closed the week at $ 1661.30, a fraction better than last week’s closing level of $1659.30. Though global economic news came in mixed this week, with the United States mixed, though more positive than elsewhere, sentiment seemed to turn against gold with the yellow metal [...]
Gold Falls to Lows as Focus turns to Equities Gold closed the week at a multi week low of $1659.30, down more than 3% on the week.. Economic news throughout the week was generally good in the United States, meaning that investor focus has once more turned to equities. Indeed, America’s major equity indices rose [...]
Gold Bounces from Technical Support and Consolidates Gold closes the week almost unchanged from last week’s close, at $1713.20. Gold was chased lower in the middle of the week as investment markets plunged with rumors that the Greek debt swap for private creditors had fallen apart. Such an event would have caused the country to [...]
Gold struggles to remain above $1700 Gold closes the week down 3.4% at $1711.80. Having spent the beginning of the week marking time, gold was hit hard on Wednesday as the US Fed Chairman, Bernanke, dampened speculation for further monetary easing. Elsewhere, mixed economic news should have proved the catalyst for further gains in the [...]
Gold Consolidates above $1700 as Greece signs up to austerity and US growth continues With US economic news seen as more positive for stocks as the month opened, gold struggled to maintain its early year momentum, though doveish comments from the US Fed Chairman, Bernanke, sandwiching the trading month has helped sentiment for the medium [...]
Gold rises at end of week despite negative sentiment Gold closed the week at $ 1661.30, a fraction better than last week’s closing level of $1659.30. Though global economic news came in mixed this week, with the United States mixed, though more positive than elsewhere, sentiment seemed to turn against gold with the yellow metal [...]
Gold Falls to Lows as Focus turns to Equities Gold closed the week at a multi week low of $1659.30, down more than 3% on the week.. Economic news throughout the week was generally good in the United States, meaning that investor focus has once more turned to equities. Indeed, America’s major equity indices rose [...]
Gold Bounces from Technical Support and Consolidates Gold closes the week almost unchanged from last week’s close, at $1713.20. Gold was chased lower in the middle of the week as investment markets plunged with rumors that the Greek debt swap for private creditors had fallen apart. Such an event would have caused the country to [...]
Gold struggles to remain above $1700 Gold closes the week down 3.4% at $1711.80. Having spent the beginning of the week marking time, gold was hit hard on Wednesday as the US Fed Chairman, Bernanke, dampened speculation for further monetary easing. Elsewhere, mixed economic news should have proved the catalyst for further gains in the [...]
Gold Consolidates above $1700 as Greece signs up to austerity and US growth continues With US economic news seen as more positive for stocks as the month opened, gold struggled to maintain its early year momentum, though doveish comments from the US Fed Chairman, Bernanke, sandwiching the trading month has helped sentiment for the medium [...]
