Posts Tagged ‘euro-zone’

Gold climbed 0.8% on Tuesday as the Euro strengthened against the US dollar, but gains were capped by concerns that policymakers' efforts to address the euro zone debt crisis are falling short. Full story

The gold price climbed on Friday, but the uncertainty around the euro zone's ability to resolve the two-year-old debt crisis remains a concern in the market. Full story

London: Oil bounced back from seven-week lows on Monday as hopes rose of stronger action to solve the euro zone crisis and avert wider financial contangion and global recession. Full story

Gold rose toward its record high on Thursday, supported by worries about the widening euro zone debt crisis and slowing global growth and shrugging off strength in the dollar after Japan's intervention in the currency market. "Gold seems to have wings at Full story

Stocks turned lower Wednesday, after a handful of tepid economic news and as euro zone debt fears combined with concerns over a possible U.S. credit downgrade overshadowed an encouraging report on private sector employment Full story

Gold reached a fresh record high on Thursday as investors continue to seek for the metal as a refuge after Moody's placed US top-notch credit rating on review for a downgrade and hints of QE3 from the Fed. The yellow metal has also been supported by ongoing concerns over the euro zone debt crisis that deepened after Fitch downgraded Greece rating to CCC on Wednesday. Full story

Gold Bars * Portugal cut renews safety play, gold at 1-1/2 wk high * Early gold gains won on China, euro zone fears * Asian buyers return after prices dip below $1,500/oz * Next big technical target seen at $1,550/oz (Recasts, updates prices, market Full story

The yellow metal gave up early gains on Monday in trade in London but bullion was buoyed in sterling by continued concerns about the state of euro zone debt Full story

LONDON - Gold rallied to its highest in nearly two weeks on Monday as investors seeking safety bought the precious metal after a barrage of bad news on debt and ratings from euro zone countries such as Greece. Spot gold hit $1,517.49 a troy ounce, its Full story

Gold rallied to its highest in nearly two weeks on Monday as investors seeking safety bought the precious metal after a barrage of bad news on debt and ratings from euro zone countries such as Greece. Spot gold traded above $1,512 an ounce, its highest Full story