Posts Tagged ‘euro’

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

Better consumer demand provided some support to help steady the yellow metal on Wednesday as the euro dropped. Full story

Gold fell 2 percent to a three-month low on Wednesday, as the dollar rallied against the euro on more jitters about European debt, while losses in U.S. equity and commodity markets triggered a technical sell-off of the precious metal. Full story

Gold was down a touch on Thursday, recovering from an earlier low of $1,602.04/oz but struggled to gain traction as concerns over the depth of the euro zone crisis continue. Full story

Despite calls for the death of the gold bull market, the precious metal managed to climb $21 higher on Tuesday to settle above the $1,600 psychological level.  The U.S. dollar declined as the euro sustained a move above $1.30.  While many expect today’s European Central Bank loan offering to add some form of stability to the euro zone, investors are still remaining cautious Full story

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

Barely a week after financial leaders and leading politicians of the Eurozone were supposed to agree on a plan to help solve the problems in the Eurozone, credit rating agency Fitch has claimed that in the absence of a ‘comprehensive solution’, the crisis will persist and likely be punctuated by episodes of severe financial market volatility that is a particular source of risk to ... Full story

Spot gold prices rose on Thursday after a sharp fall in the previous session but intensifying worries about the euro zone are keeping investors on edge Full story

Early Wednesday, the euro dropped to under $1.30, its lowest level since January.  The decline came after Italy paid a euro era record yield of 6.47% to sell five-year notes.  Last month, Italy paid an average yield of 6.29%, which shows that despite the EU summit, there has been very little change in the euro debt crisis.  With the euro still on the edge, ... Full story

Dec. Full story