Posts Tagged ‘downbeat’

Gold continues the upside trend for the third dayGold is finally recovering from the downbeat pressures and breaking lose from the bearish sentiment and dollar allergy as it trends higher on prevailing jitters and debt woes. Full story

Gold futures on the COMEX Division of the New York Mercantile Exchange continued to move up on Thursday, extending the longest rally of the year, benefiting from the tumbling U.S. dollar and the downbeat jobless data. Silver inched up, but platinum Full story

Gold moves in narrow rangesGold was traded over the past two weeks in narrow range as despite the downbeat data released recently, investors are wary of taking long positions due to the high price and uncertainty about the gold's direction in the coming Full story