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Gold Futures Retreat From Record as China PMI Data Boosts Risk Appetite
Tuesday, August 23, 2011 - 7:18am | 337Read More...Forexpros – Gold futures pulled back from record highs on Tuesday, as better-than-expected data from China buoyed Asian and European equities markets and supported demand for riskier assets. On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at...
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Gold Futures - Weekly Review: August 15 - 19
Sunday, August 21, 2011 - 6:46am | 563Read More...Forexpros – Last week saw gold futures notch their seventh consecutive weekly gain, the longest stretch since April 2007, as mounting concerns over the global economic outlook and lingering fears over the euro zone’s sovereign debt crisis boosted the safe haven appeal of the precious metal.On the...
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When Everyone in the World Loves Gold, Should You?
Wednesday, August 10, 2011 - 1:13pm | 549Read More...Turn on your TV, read a newspaper, magazine, or billboard, listen to the radio, go to lunch, go snorkeling (ok, maybe not snorkeling ), and it seems that all anyone can talk about gold – it is inescapable. It is not without good reason, however. Stock markets throughout the world are in chaos...
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Late Session Sell Off Sends Index's Down Nearly 1% (SPX)
Tuesday, November 9, 2010 - 5:07pm | 125Read More...Bulls were put back into the paddock this afternoon as the bears roared on the back of a 1% US dollar rally and sector wide commodity sell off. Spot gold futures are down 14 points on the day, off nearly 42 points from session highs of 1424. The E-mini contract closed the regular session down .80%...
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Gold Futures Tank As Dollar Futures Roar (GLD)
Tuesday, November 9, 2010 - 3:00pm | 72Read More...Gold futures came under massive selling pressure this afternoon as commodities were sold as US dollar futures rallied to over 77.60 in the front month contract. Spot gold traded as high as 1424.3 before selling down 24 points to 1398 before catching support. Equities as you know are correlated with...
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Gold Surges Through $1,400 As Dollar Weakens (GLD)
Monday, November 8, 2010 - 1:33pm | 87Read More...Spot gold futures are surging this afternoon to $1,405 an ounce on dollar weakness and equities strength. US dollar futures touched a high of 77.30 before giving back almost 25c. USDX futures are still up .50% on the day. Spot gold is trading at lifetime highs, of 1406. There is nothing but air...
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Gold Prices Surge As Traders Seek Safe Haven
Friday, August 6, 2010 - 10:14am | 120Read More...Gold prices have shot up today as the US dollar and stocks continued to fall after the Labor Department released weaker-than-expected jobs data for the month of July. The most actively traded contract, gold futures for December delivery, moved up $10.70, or 0.9%, to $1,210.20 an ounce. Gold had...
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Gold futures Rise $27 An Ounce To Record Highs In Three Months (GLD, GDXJ, FCX, EGO)
Tuesday, February 16, 2010 - 1:06pm | 272Read More...Gold futures rose close to $1,100 today, marking the highest rise in three months, as investors speculated about a probable rise in demand for the metal due to concerns over the sovereign debt in Greece, despite Eurozone leaders trying to formulate a support plan. April gold rose $27, or 2.5%, to...
