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Gold Prices Slides Lower But Comeback Near 1-Year Highs; Equities Melt Down

The prices of gold slid lower in European morning on Friday, but still holds near a maximum of one year as a weaker dollar and preoccupations of global growth, lower oil prices and uncertainty about further the United States rate hikes this year continued to support safe haven demand. 348 more words

Commodity

Gold Prices Jump Above $1,200 on Fears of Financial Uncertainty

US gold futures rose at the highest level in a year on Thursday, amid growing skepticism on the capacity of the Federal Reserve to raise interest rates as much as you would like this year. 275 more words

Commodity

Gold Trims Losses After Yellen Remarks; Safe-Haven Demand

Gold futures losses reported near a 7-1 / 2 months in the North American trade on Wednesday after Fed’s Chair Janet Yellen said that financial conditions have grown less favorable to growth as risk aversion sent investors to safe-haven assets amid a dryer on world stock markets and concerns about the global economy. 338 more words

Commodity

Gold Prices Hovers Below 8-Month High as Global Stocks Tumble

Gold futures remains close to the maximum than eight months earlier sessions in the North American trade on Tuesday, as sharp declines in global stock markets continued to support the demand for safe haven assets. 307 more words

Commodity

Gold Prices Soar to New High on Global Economy Concerns

The prices of gold soared to the highest level since June trade in North America on Monday, as swiping equity markets, uncertainty of the overall growth and a weaker dollar led investors to seek safety in hard assets . 268 more words

Commodity

Gold Sticks Near 3-Month High as Risk Aversion After U.S. ISM Data Disappoints

US gold futures rose nearly more than three successive months in early North American trading on Wednesday after data showed that service sector activity in the US expanded at its slowest pace in nearly two years in January, dampening optimism about the health of the economy and darkening CASE for higher interest rates this year. 256 more words

Commodity