GOLD NEWS: Market Update Week Ending 23rd March 2012
Sun, 25 Mar 2012 14:43:09 +0000
Gold rises at end of week despite negative sentiment Gold closed the week at $ 1661.30, a fraction better than last week’s closing level of $1659.30. Though global economic news came in mixed this week, with the United States mixed, though more positive than elsewhere, sentiment seemed to turn against gold with the yellow metal [...]
Gold News: Weekly Market Update for Week ending 16th March 2012
Sun, 18 Mar 2012 18:30:50 +0000
Gold Falls to Lows as Focus turns to Equities Gold closed the week at a multi week low of $1659.30, down more than 3% on the week.. Economic news throughout the week was generally good in the United States, meaning that investor focus has once more turned to equities. Indeed, America’s major equity indices rose [...]
GOLD NEWS: Weekly Market Review, Week Ending 9th March 2012
Sat, 10 Mar 2012 20:33:19 +0000
Gold Bounces from Technical Support and Consolidates Gold closes the week almost unchanged from last week’s close, at $1713.20. Gold was chased lower in the middle of the week as investment markets plunged with rumors that the Greek debt swap for private creditors had fallen apart. Such an event would have caused the country to [...]
Gold News: Weekly Market Update Week Ending 2nd March 2012
Sat, 03 Mar 2012 17:32:03 +0000
Gold struggles to remain above $1700 Gold closes the week down 3.4% at $1711.80. Having spent the beginning of the week marking time, gold was hit hard on Wednesday as the US Fed Chairman, Bernanke, dampened speculation for further monetary easing. Elsewhere, mixed economic news should have proved the catalyst for further gains in the [...]
Gold News: Monthly Review February 2012
Fri, 02 Mar 2012 09:46:16 +0000
Gold Consolidates above $1700 as Greece signs up to austerity and US growth continues With US economic news seen as more positive for stocks as the month opened, gold struggled to maintain its early year momentum, though doveish comments from the US Fed Chairman, Bernanke, sandwiching the trading month has helped sentiment for the medium [...]
