Gold Gains on Japan Stimulus Bets as Retail Sales Miss Estimates – Businessweek

Gold Gains on Japan Stimulus Bets as Retail Sales Miss EstimatesBusinessweekGold for immediate delivery climbed as much as 0.3 percent to $1,716.05 an ounce and was at $1,714.60 at 9:12 a.m. in Singapore. Bullion for December delivery rose as much as 0.3 percent to $1,716.70 an ounce on the Comex in … [Read more...]

PRECIOUS-Platinum eases from 2-month high, gold steady – Reuters

ETF Daily News PRECIOUS-Platinum eases from 2-month high, gold steadyReutersExpectations for easing in monetary policy support gold, silver * Spot silver hovers near two-month peak * Coming up: U.S. ICSC chain stores, weekly; 1145 GMT By Rujun Shen SINGAPORE, Aug 21 (Reuters) – Platinum … [Read more...]

Gold settles at highest since mid-June – MarketWatch

MarketWatch Gold settles at highest since mid-JuneMarketWatchSAN FRANCISCO (MarketWatch) — Gold futures closed higher Monday, after trading in a tight price range as investors awaited potential action from policy makers, while platinum prices scored a third straight session gain. Gold futures for … [Read more...]

Gold Climbs to $1623 on Stimulus Hopes – CNBC.com

CNBC.com Gold Climbs to $1623 on Stimulus HopesCNBC.comText Size. By: Reuters. Gold futures rose to end at $1623 as platinum prices jumped nearly 2 percent on Monday, hitting a two-month high after deadly violence at a mine in top producer South Africa triggered heavy speculative buying on supply … [Read more...]

Gold Ends Firmer; Silver Bulls Gain Technical Strength – Forbes

Gold Ends Firmer; Silver Bulls Gain Technical StrengthForbesComex gold futures prices ended the U.S. day session modestly higher in choppy, two-sided trading Monday. The dog days of summer continue to keep the market place subdued. Silver futures hit a fresh two-month high as silver bulls gained … [Read more...]

Gold’s Fortunes Tied to India – TheStreet.com

ETF Trends Gold's Fortunes Tied to IndiaTheStreet.comNEW YORK (TheGoldAndOilGuy.com) — One of the top stories in the financial markets in 2012 has to be the stagnation in the price of gold at around $1600 an ounce, which is down approximately 17% from its peak at $1920.30. Those bullish … [Read more...]

Gold languishes as traders hope for economic aid – Businessweek

Gold languishes as traders hope for economic aidBusinessweekGold for December delivery fell $10.20 to finish Monday at $1612.60 per ounce. That's about $10 less than it was on June 1 and nearly $190 less than the high for the year of $1798.90 per ounce in late February. The decline came after … [Read more...]

PRECIOUS-Gold down on doubts over central banks’ stimulus – Reuters

Business Recorder PRECIOUS-Gold down on doubts over central banks' stimulusReutersDoubts over more central-bank actions trigger selling * Losses in U.S. equities, commodities weigh * Gold-platinum premium near all-time high at around $230 * Coming up: U.S. retail sales on Tuesday (Adds … [Read more...]

Gold turns positive as dollar retreats from highs – NBCNews.com

LONDON (Reuters) – Gold prices swung back into positive territory on Tuesday as the dollar retreated from highs against the euro, with investors’ confidence in the metal growing after it held its ground during the previous day’s financial market sell-off. Original Post By Google … [Read more...]

Gold Set to Fall in New York as Europe Concern Bolsters Dollar – Bloomberg

Gold is set to decline for a second day in New York on speculation that Europe’s debt crisis will bolster the dollar and cut demand for the metal as an alternative investment. The euro was little changed near a two-year low versus the dollar … Original Post By Google News Bloomberg … [Read more...]