Posts Tagged ‘major-currencies’

Bullion slipped from a record $1,921.15 an ounce yesterday as the dollar rose to the highest level since July 13 against six major currencies after the Swiss central bank set a ceiling on the francs exchange rate. European stocks rose today, rebounding Full story

Prices for gold hit new records in euro and pound sterling; major currencies all "vulnerable", as U.S. Fed looks set to keep policy "on hold" Full story

Bullion surged to record highs Thursday as the dollar's three-year low against a basket of major currencies attracted non-U.S. Full story

By: Marketwire . Nov. 30, 2010 06:00 PM addthis_pub = 'syscon'; SHANGHAI, CHINA -- (Marketwire) -- 11/30/10 -- CHINA GOLD & PRECIOUS METALS SUMMIT 2010 -- As risks to major currencies increase through competitive devaluation and quantitative easing Full story

LONDON (MarketWatch) -- Gold futures dropped on Wednesday, as the U.S. dollar rose against other major currencies, dampening the appeal of the precious metal. Gold for December delivery fell $7 to $1,331.60 an ounce in electronic trading on Globex. Full story

Gold futures rose after the dollar resumed its decline, boosting demand for the precious metal as an alternative investment. The greenback gained as much as 0.8 per cent against a basket of major currencies before erasing gains. On Oct Full story

Gold futures, little changed in New York, may fall for the second straight session as the dollars rebound curbs demand for the precious metal as an alternative investment. The greenback gained as much as 0.8 percent against a basket of major currencies Full story

Precious metals are up across all major currencies with gold adding $30 and silver gaining $1.20 in just two days. The advance has been driven by strong buying pressure, as the dollar has been trading mostly flat Full story

Either way that is bringing a bit of selling into gold as safe haven allure dims a bit however the fact that the Euro is weak alongside the other major currencies is lending support to gold on dips. Full story

Gold touched an intraday high of $1,254 in U.S. dollar terms today but its appreciation in Europe’s major currencies has been the story for the past few weeks. Full story