Posts Tagged ‘bank’

Canadian stocks slowed its losses into mid-morning Friday, as some sectors rebounded into positive territory, but resource shares still took a hit from losses in gold and oil. Read More > > DFM BANK IND GOLD DEC 11 SWCRUD NOV 11 Stock Market XML and Full story

Spot gold prices set yet another new record high on Thursday after the European Central Bank President Jean-Claude Trichet said the bank would continue to buy bonds in response to a deepening euro zone debt crisis. Gold [ XAU= 1678.70 "Trichet has Full story

The Motley Fool reports in a December 2009 interview, with gold around $1,150 per ounce, the Bank of Korea's Lee Eung Baek said to Bloomberg: "There's an illusion in gold. We follow the big trend. Gold isn't the trend. Full story

Chinese investors more than double their purchases of gold in the first quarter from a year earlier, channeling $4.1 billion into gold bars and coins and surpassing India as the world’s largest investment market. Full story

By Kitco News (Kitco News) -- Analysts with Barclays Capital look for silver prices to remain volatile until they find support from physical demand, which the bank expects to materialize around the low $30s, or else retail demand returns to the Full story

Gold has fallen back below $1,500 an ounce, under pressure from a rising U.S. dollar, Commerzbank says. Investors are taking profits with gold to compensate for losses with other assets, the bank adds Full story

Baku – APA-ECONOMICS. Gold reserves of the Bank of Russia as of February 1, 2011 totaled 25.4 million troy ounces (about 720 tons), unchanged as compared with the previous month, mysouth.su reported Full story

Asia accepted New York’s closing price over $1,360 and took it to $1,366 before London’s opening.   The euro started to turn the corner at $1,3494 up 50 cents overnight.  Then it climbed to $1.3530 and as the impetus for the gold price is in Europe, today, the Gold price followed it up in the dollar to Fix at $1,372.25 and was up €2 at ... Full story

Gold recovered losses on Thursday after European Central Bank President Jean-Claude Trichet signalled no change to the bank's low interest rate policy. Recent hawkish rhetoric from the ECB had raised expectations that it might move towards raising Full story

to get the day's most relevant news, data and anlaysis . Sample Another high ranking official, the first Deputy chairman of the bank, Alexei Ulyukayev, told the Prime Tass economic news agency, that the diversification of the currency reserves will lead Full story