Posts Tagged ‘seven-weeks’

Gold sinks to seven-week low on Europe debt hopes

Gold fell in New York to the lowest settlement price in seven weeks on speculation that European Union leaders will stabilise the region?s economy, eroding the appeal of the metal as a haven. The euro was headed for the biggest weekly gain against the Full story

Gold futures – Weekly review: January 10-14

Futures Pros The week ending January 14 saw gold futures close at the lowest settlement price in seven weeks after China introduced further monetary tightening measures in an effort to curb inflation and as concerns over the euro zone sovereign debt Full story

Gold falls to 7-week low as EU vows to support euro

Gold fell in New York to the lowest settlement price in seven weeks on speculation that European Union leaders will stabilize the region's economy, eroding the appeal of the metal as a haven. Full story

Gold hits 7-week high as Japan data knocks shares

Gold rose to its strongest in seven weeks on Monday, boosted by its safe haven appeal as gloomy Japanese economic data stoked investors' concerns about the health of the global economic recovery. Spot gold rose to $1,222 an ounce by 1155 GMT from Full story

India gold traders still pick bargains; premiums up

Customers look at gold bangles inside a jewellery shop in Hyderabad September 8, 2009. Gold traders continued to snap up bullion on Friday afternoon as the rupee hit its highest level in seven weeks, making the dollar-quoted yellow metal cheaper, with Full story

Gold Falls on Speculation China May Raise Rates, Damp Demand

March 12 -- Gold in New York fell to the biggest weekly loss in seven weeks on speculation that China will raise interest rates to control inflation, reducing demand for raw materials including precious metals. Full story

Gold falls on fears China may raise rates

Gold in New York fell to the biggest weekly loss in seven weeks yesterday, on speculation that China will raise interest rates to control inflation, reducing demand for raw materials including precious metals. Consumer prices in China rose 2.7% in Full story
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