Posts Tagged ‘gold futures’
Gold and Oil News - October 10, 2012 21:50
Gold Declines on Global Economic Concerns
Gold futures fell on Tuesday due to rising concerns over global economic scenario. While stronger dollar also kept commodities under pressure, investors were also more focused on corporate earnings. Gold futures contract for December delivery fell 0.6 percent or $10.70 to settle at $1,765 per ounce on the Comex division of the New York Mercantile [...]
Gold Gains Despite Negative Comments of Plosser
Gold futures slightly gained on Tuesday as the precious metal remained under pressure on comments of US Fed’s official Plosser and stronger greenback.
Gold Jumps on ECB’s Bond Buy Program
Gold futures surged on Thursday and reached their higher level in last six months in reaction to announcement of European Central Bank regarding its bond buy program.
Gold Declines ahead of ECB Meeting
Gold futures fell on Wednesday as investors had mixed opinions before the meeting of European Central Bank on Thursday. Investors are also keenly waiting of US jobs data due on Friday. Gold futures contract for December delivery fell 0.1 percent or $2 to settle at $1,694 per ounce on the Comex division of the New [...]
Gold Futures Drops ahead of Bernanke Speech
Gold futures declined on Wednesday mainly in reaction to stronger greenback while investors were also mixed over the decision of central bankers ahead of Bernanke speech. Gold futures contract for December delivery plunged 0.4 percent or %6.70 to settle at $1,663 per ounce on the Comex division of the New York Mercantile Exchange. US Federal [...]
Gold Declines on Lower Consumer Sentiment
Gold futures fell on Tuesday in reaction to the negative reading of consumer sentiment which depicts sluggish economic growth. Gold futures contract for December delivery dropped 0.4 percent or $5.90 to settle at $1,669.70 per ounce on the Comex division of the New York mercantile Exchange.
Gold Gains on QE Expectations
Gold futures started the week on positive note as investors are hoping for monetary easing measures by US Federal Reserve after the meeting of central banks. Gold futures contract for December delivery surged 0.2 percent or $2.70 to settle at $1,675.60 per ounce on the Comex division of the New York Mercantile Exchange.
Gold Declines on Bernanke Speech
Gold futures fell on Tuesday as investors remained mixed on Bernanke speech regarding further monetary easing measures. Gold futures contract for August delivery fell 0.1 percent or $2.10 to settle at $1,589.50 per ounce on the Comex division of the New York Mercantile Exchange.