Tag Archive | "gold"

Gold on course for first weekly fall in 12 weeks

Gold was set for its first weekly decline in 12 weeks on Thursday after U.S. jobs data lifted the dollar and further eroded investor demand for bullion, although several analysts said they viewed this as temporary.

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Gold inches up on China’s economic data, dollar weighs

Gold edged up in volatile trade as positive economic data from China helped offset pressure from a rebound in the dollar.

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Gold falls nearly 1%, triggers spot buying

India gold fell nearly 1 percent on Monday tracking weak overseas markets, triggering physical buying from traders ahead of the key upcoming festivals, dealers said.

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S Korean central bank looks to gold

South Korea, holder of the world’s fifth-biggest foreign exchange reserves, is considering expanding its small holdings of gold to diversify its dollar-heavy portfolio

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South Korean central bank looks to gold

South Korea, holder of the world’s fifth-biggest foreign exchange reserves, is considering expanding its small holdings of gold to diversify its dollar-heavy portfolio

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Gold falls 1 pc as dollar rebound weighs

Gold fell nearly 1%, weighed down by a rebound in the dollar, after Fed gave few details of the much-anticipated easing move being weighed by the central bank.

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Gold slips below $1,370/oz after Bernanke speech

Gold slid below $1,370 an ounce in volatile trade on Friday, having earlier jumped to within a few dollars of the previous day’s record high.

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Gold crosses Rs 20,000 level on festive buying

While the gold spurted by Rs 175 to an all-time high of Rs 20,120/ten grams, silver jumped up by Rs 1,200 to Rs 37,000 per kg.

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Summary Box: Gold continues record-setting pace (AP)

AP – ANOTHER RECORD: Gold continued its record-setting pace as investors sought a haven until they learn what the Federal Reserve plans to do about the economy.

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Gold prices continue record-setting pace (AP)

AP – Gold continued its record-setting pace Thursday by attracting investors looking for a haven as they wait to see if the Federal Reserve will take steps to bolster the economy.

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