Posts Tagged ‘pouring-money’

FTSE 100 and Dow Jones rally during week, but gold holds steady at $1,245

Even better than expected US jobs figures released by the Labor Department on Friday failed to weaken gold, which remained close to US$1,250/oz and just US$20 away from the all time high of US$1,266/oz. Full story

Gold falls to $1,211 as safe haven demand fades despite selloff in equity markets

Gold plummeted this week, declining from US$1,260/oz to the current US$1,211/oz, at one point slipping below the key US$1,200/oz level. The yellow metal has benefitted from the recent falls in stock markets as investors were increasingly pouring money Full story

Randgold Reosurces posts weekly gains as gold sets new all time highs, but Fresnillo and Lonmin fall

Gold climbed close to its record highs of US$1,266/oz on Friday as investors continued pouring money into safe haven assets, primarily precious metals, amid uncertainties about the ongoing economic recovery in Europe and the US after a series of mixed Full story
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