Monday 22 December 2014
 
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precious metal

Gold rally fizzles, more declines eyed

Gold slipped nearly 1 per cent on Monday after a short covering rally in the previous session fuelled by a softer-than-expected US jobs report. Despite a 3 per cent jump on Friday, gold remained below a key $1,180-an-ounce level t

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Gold falls 1pc as Fed tapering weighs

Gold fell around 1 percent on Thursday as the dollar rose after the US Federal Reserve pushed ahead with reducing its monetary stimulus and investors took profits made the previous session. The Fed trimmed its monthly bond-buying

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Gold risks falling out of bed as $1,525 looms

  Gold's slide this week to a six-month low has brought it in sight of $1,525 an ounce, a critical support price which, once breached, could fatally reverse its 12-year rise.   The metal has bou

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Gold near four-month low

  Gold slipped on Friday, holding near a four-month low hit in the previous session and on track for its steepest weekly drop since June, as the euro softened and US talks to avoid a fiscal crisis stalled again, turning away inve

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Gold falls below key $1,700 level

  Gold dropped about 1 percent on Thursday after the Federal Reserve linked its monetary policy to unemployment, raising concerns that future economic stimulus could be limited.   Gold benefits from

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Gold at 6-month high as Fed fans inflation risk

  Gold rose to a six-month high on Friday, extending a 2-percent rally from the previous session when the Federal Reserve announced a new round of stimulus measure, which could add to the risk of inflation down the line and

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Gold hits record near $1,500 after US outlook

Gold prices rallied to record highs near $1,500 an ounce on Monday after rating agency Standard & Poor's cut its outlook for the United States to negative from stable, boosting safe-haven flows into the metal. S&P cited a "material

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Gold steady on physical buying; decline seen

Spot gold held steady on  Thursday, supported by bargain hunting on the physical market,  but optimism spurred by strong US private employment data  weighed on sentiment. Spot gold lost 0.1 percent to $1,375.8 an ounce by&nb

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Gold swept higher by safe-haven demand

Gold rose on Tuesday to within less than one per cent of record highs after weak German data knocked equities and the euro, prompting a flurry of safe-haven buying, while silver and palladium touched multi-month highs. Palladium, used main

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Gold heads for biggest three-week gain

Gold rose on Friday, holding near a 1-½   month high hit the previous day as worries about a deepening US economic slowdown escalated and helped push up holdings in the ETF for the third consecutive day. The precious metal, headi

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