Search Results for: Gold Prices
Gold Price Slips as China Adds Another 16 Tonnes of Bullion
September 8th, 2015
Gold prices slipped in quiet trade in London on Monday, retreating near the lowest levels since mid-August at $1119 per ounce as European stock markets held flat, ignoring another sharp drop in Asian equities. New data overnight showed China’s People Bank growing ...
Experts split on gold price outlook for this week
September 7th, 2015
47% expect higher prices; 29% forecast lower rates, while24% remain neutral Gold continued to show some weakness, losing about 0.9 per cent in value over a period of seven days, but experts are uncertain as to where the yellow ...
Gold forecast to drop to $800 an ounce in 2016
September 3rd, 2015
As investors are turning cold towards gold, prices are headed for significant declines, according to a bank The overall sentiment towards the yellow metal will turn increasingly bearish next year and the prices are likely to hit below $1,000 ...
Gold price likely to average $1,025 an ounce this year
August 31st, 2015
UAE dirham continues to rise against other currencies as US dollar picks up strength Gold’s retail prices in Dubai continued to hold steady on Sunday although analysts are expecting the bullion to resume its weakness following the recovery of ...
Gold coasts along as stocks perk up, possible Fed hike delay supports
August 27th, 2015
Gold in tight range after three-day slide Fed’s Dudley says Sept rate rise “less compelling” Coming up: U.S. Q2 GDP second estimate at 1230 GMT (Adds analysts’ comments, updates prices) Gold steadied on Thursday after suffering its biggest fall ...
Gold settles lower; other metals slide
August 25th, 2015
Palladium slides nearly 5%; copper still at 6-year low Gold futures failed to score any gains on Monday, despite its reputation as a refuge in times of market turmoil, while other metals took a hit on the latest rout ...
Russia, China to Create Entirely Different Gold Market
August 20th, 2015
While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in “the genial move” to establish an entirely different gold market, F. ...
Gold price rises to $1,117.80 an ounce
August 18th, 2015
Analysts attribute increase to Chinese yuan devaluation The global prices of gold moved higher on Monday, causing retail prices in the UAE to edge slightly higher by less than a dirham per gram. Retail gold rate in Dubai went ...
Goldman Sachs Pays $272M to Settle Suit Over Mortgage-Backed Securities
August 14th, 2015
Goldman Sachs Group Inc. will pay $272 million to settle a lawsuit that claimed the Wall Street bank defrauded investors about the safety of about $6 billion of residential mortgage-backed securities they bought in 2007 and 2008. The settlement ...
Gold stalls as US jobs data keeps door open to Sept Fed hike
August 10th, 2015
Gold had longest weekly losing streak since 1999 Any delay in rate hike expectations won’t fuel gold rally – HSBC (Adds analyst comment, updates prices) Gold steadied not far above a 5-1/2-year low on Monday, with a firm dollar ...
