Posts Tagged ‘its-highest’

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 torn between risk aversion and pickup in stocks, oil * Silver set for worst monthly slide since 2008 * Coming Up: U.S. consumer confidence; 1400 GMT (Updates prices) LONDON, May 31 (Reuters) - Gold steadied around its highest in nearly four weeks Full story

(Córdoba) - The yellow metal is holding steady trading at its highest level in almost 4 weeks, sustained by its safe haven role amid continuing debt woes in the euro zone. However, due to markets are closed in the US and the UK, the trading remains Full story

SINGAPORE, May 25 (Reuters) - Gold inched down on Wednesday, having rallied to its highest level in three weeks in the previous session, but sentiment was still underpinned by nagging debt fears in Europe which had prompted investors to ditch the euro. Full story

Gold jumped to its highest in nearly two weeks when Fitch rating agency cut Greeece's debt ratings by three notches. Full story

Gold prices slipped slightly after rallying to its highest in nearly two weeks on Monday after a raft of unsettling news on indebted euro zone nations such as Greece and Italy dented investor confidence. Spot gold rose by as much as 0.67 percent on the Full story

We feel that some commodity prices are getting overextended and very close to their tipping pint. Far from an ultimate top but ready for a healthy correction Full story

(RTTNews) - Mixed opens are expected Friday for the New Zealand and Australia sharemarkets. Traders saw a mixed lead from Wall Street, and higher commodity prices. Oil climbed to its highest level since 2008 Full story

Last week, silver reached its highest level since February 1980. For the past two years it has outpaced gold as the precious commodity to own, but is the price now set for a fall? Full story

India gold extended gains for a fourth session on Friday to its highest level in three weeks, helped by a weak rupee, but price gains deterred traders to book new deals in the wedding season. "I just booked for 3-4 deals from morning, there would be a Full story