Posts Tagged ‘friday’

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Which way now for precious metals?

After marching steadily higher early in the week, gold and silver saw their biggest one-day losses in more than a month on Friday as hopes for more Fed money printing were dashed after the better-than-expected labor report. Full story

Gold Prices Stall Ahead of Jobs Number

- Gold prices are taking a breather Friday ahead of the latest reading on U.S. employment. Full story

Gold retreats from 8-week high as dollar strengthens

FILE - An employee adjusts a gold necklace on a displaying model near glass cases containing gold figurines at a gold shop in Wuhan, Hubei province Au Friday,03 February 2012 Source : Reuters FILE - An employee adjusts a gold necklace on a displaying... Full story

Gold for the week down in euros, up in dollars amid ‘significantly reduced physical market activity

INTERNATIONAL. Wholesale market gold bullion prices in Dollars dropped to US$1,646 an ounce Friday lunchtime in London – down 1.4% on yesterday's high – as China prepared for the week-long Lunar New Year holiday Full story

Gold and silver decline as Europe receives downgrades

On Friday, gold (NYSEARCA:GLD) futures for February delivery decreased $16.90 to settle at $1,630.80 per ounce, while silver (NYSEARCA:SLV) futures fell 60 cents to settle at $29.52. Full story

Markets comfortable again with gold

While dollar prices for gold slipped on Friday morning, measured in euros gold rose throughout the morning session. Full story

Gold rises, tracks euro gains on upbeat data

The price of gold traded firmer in London on Friday, as strong data out of the U.S. Full story

East Asia minerals facing litigation in Indonesia

Vancouver’s East Asia Minerals Corp. (TSX V:EAS) informed its shareholders Friday that it has been named as a defendant in a civil claim filed by PT Atlas Mineral Exploration in the Central Jakarta District Court Full story

Gold climbs on strong euro, cautious over EU debt resolution

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

S. Korea raises gold reserves amid global fears

S. Korea raises gold reserves amid global fears
South Korea's central bank said Friday it has increased the amount of gold it holds as it moves to hedge against global volatility caused by European and US debt crises. The Bank of Korea said it bought 15 tons of the precious metal from the London gold... Full story
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