Posts Tagged ‘gold futures’
Gold and Oil News - May 23, 2012 23:42
Gold Futures Decline on Lower Euro Zone Outlook
Gold futures declined on Tuesday in reaction to raised worries on latest lowered outlook on euro zone’s economic growth and downgraded credit rating for Japan. Fitch recently downgraded Japan’s rating to A+ on Tuesday. Fitch maintains its negative outlook on Japan’s credit rating due to high public debt levels. Further to create uncertainty among investors, […]
Gold Futures Lower in the Start of the Week
Gold futures contract fell on Monday but found some support from gaining oil futures and lower US dollar. Gold futures contract for June delivery fell 0.2 percent or $3.20 to settle at $1,588.70 per ounce on the Comex division of the New York Mercantile Exchange. The precious metal gained 0.5 percent in the last week. […]
Gold Futures Recover from Lowest in 10 Months
Gold futures gained on Thursday as investors took fresh positions in the precious metal due to its attractive levels. Gold futures contract for June delivery surged 2.5 percent or $38.30 to settle at $1,574.90 per ounce on the Comex division of the New York Mercantile Exchange. Analysts see technical support for the precious metal around […]
Gold Futures Fell to Lowest in 10 Months
Gold future reached their lowest since July 2011 on Wednesday mainly affected by stronger greenback and Greece’s economic and political worries. Further to add to the losses of the precious metal European Central Bank also decided to stop funding to certain Greek banks, however the central banks also disclosed that it would continue to support […]
Gold Futures Fell to their Lowest in Four Months
Gold futures declined on Monday and touched their lowest in four months as the Greenback further strengthened in reaction to political and economic crisis in the euro zone. Investors were uncertain over the future outlook of Greece’s political scenario as fresh elections in the country are also doubtful. Analysts also foresee a messy breakup of […]
Gold Ends Higher on Eased Concerns over Europe’s Banking Sector
Gold futures gained on Thursday in reaction to eased tensions over the European banking sector. Moreover weak US economic data kept the greenback under pressure which eventually supported the commodities. Gold futures contract for June delivery gained 0.1 percent or $1.30 to settle at $1,595.50 per ounce on the Comex division of the New York […]
Gold Gains on Weaker US Jobs Data
Gold futures ended higher on Friday as the latest weekly US jobs data disappointed investors. The gold futures contract gained 0.6 percent or $10.40 to settle at $1,645.20 per ounce on the Comex division of the New York Mercantile Exchange. Gold has gained 1.2 percent for the week. The precious metal remained volatile the whole […]
Gold Futures Ended Lower for the Month
Gold futures remained lower on Monday and also posted loss for the month. The gold futures contract for June delivery slightly fell by 0.1 percent or $0.60 to settle at $1,664.20 per ounce on the Comex division of the New York Mercantile Exchange. For the month the precious metal was down by 0.5 percent. Gold […]
Gold Futures Jump on Weaker Greenback
Gold futures rallied on Thursday and reached their highest in last two weeks in reaction to weakening greenback and decision of US Federal Reserve to keep the interest rates unchanged. Gold futures contract for June delivery jumped 1.1 percent or $18.20 to settle at $1,660.50 per ounce on the Comex division of the New York […]
Gold Declines on Euro Zone Concerns
Gold futures ended lower on Monday as the political and economic situation in euro zone raised many questions among the investors. Gold futures contract for June delivery plunged 0.6 percent or $10.20 to settle at $1,632.20 per ounce on the Comex division of the New York Mercantile Exchange. Investors were concerned ahead of the French […]
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