Gold fell 2 per cent on Monday as the dollar strengthened and investor appetite for risk increased, but the metal remained above $1,200 an ounce after a rally that pushed prices to one-year highs this month.
Concern over financial
Chief financial officers (CFOs) in the Middle East reported the highest level of optimism during the second quarter of 2012, compared to 11 other geographies surveyed, a report said.
Entitled ‘Retrenching Again,’ the Deloitt
Gold eased for a second day in a row on Thursday, but was still set for its largest weekly gain in six weeks, thanks to the toll the re-emergence of the euro zone debt crisis has taken on investor risk appetite.
This week has seen Spanish
The outlook for global growth is deteriorating, partly as a consequence of rising food and energy prices, and risk appetite has suffered as a consequence, said an expert.
Carnage in currency and bond markets spilled over to equities and co
Investors have rediscovered their risk appetite and are putting cash reserves to work across the equity markets, according to the BofA Merrill Lynch Survey of Fund Managers for January.
For the first time since January 2006 the survey sho