Gold News: Weekly Market Update, Week Ending 17th February 2012
Sun, 19 Feb 2012 17:37:54 +0000
Equity Markets Mixed, Gold Rallies in Subdued Market Gold tracked sideways for most of the week, as better than expected economic figures from the United States was tempered by nervousness over the Greek debt and austerity package. Better than expected retail numbers from the US, which showed a pick up in sales during January, and [...]
Gold News: Weekly Market Update, Week Ending 10th February 2012
Sat, 11 Feb 2012 20:05:17 +0000
Greek Uncertainty Taints Markets Gold has been tugged first one way and then another this week, as optimism over a Greek austerity and debt package settlement earlier in the week turned to consternation in all markets by Friday when unrest, general strikes, and cabinet resignations hit the streets of Athens. Stronger than expected economic news [...]
GOLD NEWS: WEEKLY UPDATE 3RD FEBRUARY 2012
Sat, 04 Feb 2012 15:29:32 +0000
US Jobs Data Caps Gold’s Rise in a Subdued Market Gold struggled to maintain the positive tone of the year to date, as news that US unemployment hit its lowest rate for two years pushed equities higher and precious metals lower on Friday. Payrolls numbers helped the unemployment rate fall to 8.3%, and the Dow [...]
Gold News: Monthly Review January 2012
Wed, 01 Feb 2012 20:55:14 +0000
Gold bounced strongly from a weak December performance, with renewed buying from India helping a more positive investment outlook generally to push gold to a close of nearly $1750 at the end of the month and an increase of 10.77% on the month. Investment markets shrugged off cuts in forecasts for global growth by [...]
GOLD NEWS: WEEKLY MARKET UPDATE, WEEK ENDING 27TH JANUARY 2012
Sun, 29 Jan 2012 09:42:46 +0000
Gold Has Tremendous Week as Political and Economic Woes Persist After consolidating at around last week’s closing level in the early part of the week, the gold price took off on Wednesday. Precious metals in general reacted positively to the United States FOMC statement that the Fed would be holding a neutral interest rate policy [...]
