Posts Tagged ‘economic-data’

Gold was up 1.1% at $1,662.40/oz on Tuesday, its highest climb in five weeks, as German economic data boosted the euro and stocks and commodities were lifted by Chinese trade data. Full story

Gold fell on Tuesday but remained range-bound around $1,600 as investors stayed on the sidelines in the final week of the year, subdued by concerns about the euro zone debt crisis. Full story

GOLD futures continued their march into record territory for a second day this morning, with some traders and analysts expecting prices to soon breach $US1700 an ounce as worries mount about the health of the global economy. Recent economic data from Full story

SAN FRANCISCO (MarketWatch) -- Gold futures fell Thursday, pulling back after a two-session win, as upbeat U.S. economic data eased investment demand for the metal and comments from the European Central Bank president calmed concern about Europe's debt Full story

SOFT economic data clouded industrial demand prospects for silver, platinum and palladium today, while gold prices slipped on profit-taking. US factory orders fell 1.2 per cent in April, outpacing a 1 per cent decline forecast by economists, as demand Full story

Toronto's main stock index is still in the negative territory on late Tuesday afternoon, down by 46 points an hour before the market closes, pressured by soft U.S. economic data and retreating gold prices, and as financial sector failed to respond to Full story

HSBC looks for further weakness in the U.S. dollar that would be supportive for gold. U.S. Full story

Oil and metals prices slumped Wednesday, sending global stocks lower as well, as investors worried about the potential for a steep correction after last month's rally. Investors also scaled back risky positions amid disappointing U.S. economic data and Full story

GOLD rose to at a five-week high today on technical trading and muted US economic data, while increased hedging by silver producers pushed silver prices to 31-year highs. The most actively traded contract, for April delivery, settled up 0.7 per cent, or Full story

A spate of upbeat corporate earnings reports and some well-received economic data saw investors to look from gold to higher-risk assets Full story