Tag: Gold

Gold Rises on Safe-Haven Demand

The price of gold rose on Monday, climbing above $1,100.00 per troy ounce after oil price volatility spurred market jitters. Precious metals advanced across the...

Oil Prices Decline as Concern Over Commodities Continues

Oil prices declined sharply on Wednesday after government data showed an unexpected rise in US commercial crude inventories, raising concerns about an worsening supply glut. The...

US Stocks Post Best Week since November

US stocks ended mixed on Thursday, but still posted their strongest weekly gain since November amid a 9% rally in oil prices. The Dow Jones...

Global Markets Little Changed in Holiday-Shortened Session

European stocks ended flat on Thursday, while US markets traded choppy in a holiday-shortened session before Christmas. The pan-European STOXX 600 Index was little changed...

Dollar Weakens following Revised GDP

The US dollar traded lower on Tuesday after government economists trimmed their third quarter estimate for US GDP growth, putting the world’s largest economy...

Oil Prices Touch New 7-Year Lows, Further Downside Predicted

The rout in oil prices continued on Friday in belated response to additional buildup in US crude inventories, fueling concerns about a worsening global...

Commodities Stabilize, Dollar Declines

Commodity prices stabilized on Wednesday, while the US dollar declined sharply in favour of the euro as investors refrained from using the common currency...

Gold Crumbles, Dollar Spikes after Thanksgiving

The price of gold fell back near six-year lows on Friday and was headed for a sixth straight weekly decline, as the dollar firmed...

US Dollar Index Hits 100.00

The US dollar strengthened against a basket of currencies on Wednesday, as stronger than expected economic data reinforced the view that the Federal Reserve...

European Stocks Decline amid Syria Tensions

European stocks declined sharply on Tuesday after Turkish fighter jets shot down a Russian warplane in Syria, leaving investors fretting about escalating geopolitical risks. All...

Dollar Strength Weighs on Gold Price

The US dollar pushed higher on Monday, driving gold prices back toward six-year lows as investors continued to price in a rate hike from...

European Stocks Edge Higher on ECB Stimulus Hopes

European stocks advanced on Friday in a choppy day of trade, as investors remained hopeful that the European Central Bank (ECB) would expand its stimulus...

Global Stocks Rally on Fed Minutes

Global stocks advanced on Thursday, following Wall Street higher amid clear signals from the Federal Reserve that interest rates will rise next month. The minutes...

Gold Hits 2010 Lows as Investors Eye Fed Rate Hike

Gold prices continued lower on Wednesday after plunging $15 in the previous session, as the markets braced for the first Federal Reserve interest rate...

US Dollar, Gold Rise after Paris Attacks

Global safe havens rose on Monday, as investors turned to risk-off trading following the terrorist attacks in Paris on Friday. More than 120 people were...

Euro, Stocks Drift Lower as Draghi Hints at Additional Stimulus

An indication from European Central Bank President Mario Draghi that further monetary easing may be coming next month weighed on the euro on Thursday...

Gold Prices Aren’t Doing So Hot

Gold prices have been on a tear lately, and I’m not meaning that in a good way. Last week, it slipped a day ahead...

US Consumer Confidence Lifts Dollar

The US dollar advanced for a second straight session on Friday after preliminary data showed a bigger than expected rise in consumer confidence, signaling...

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