Posts Tagged ‘singapore’

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Gold rises on bank scare; holds near lifetime high

SINGAPORE - Gold gained on Wednesday, within sight of a two-month high hit the previous day, as global stocks tumbled and the euro slipped on renewed fears about the health of the global economy. Gold, which is also a few dollars away from a lifetime Full story

Gold steadies ahead of crucial Fed speech

Related Stories SINGAPORE (Commodity Online) : Gold prices mixed in Asian trade Friday ahead of a key speech from US Fed Chairman Ben Bernanke. Gold for immediate delivery was seen trading at $1234.69 an ounce at 12.00 noon Singapore time while Full story

Gold steady near 8-week high; growth worry persists

Gold bars are displayed at South Africa's Rand Refinery in Germiston By Lewa Pardomuan SINGAPORE (Reuters) - Gold was steady on Thursday, hovering near its strongest level in eight weeks hit the previous day, with worries that the U.S. economic recovery Full story

Economic worries to carry gold momentum

Related Stories SINGAPORE (Commodity Online) : Gold prices mixed in early Asian trade Wednesday but likely to advance further as signs of an economic slowdown may prompt investors to boost their holdings of the metal to try to preserve their Full story

Gold hits 1-week low on weak equities, awaits US data

By Lewa Pardomuan SINGAPORE (Reuters) - Gold slipped to its lowest level in nearly a week on Tuesday as weaker equities prompted speculators to sell bullion to cover losses, but an expected drop in U.S. existing homes sales could spur a rebound. Lower Full story

Gold hovers above $1225 on economic worries

Related Stories SINGAPORE (Commodity Online) : Gold remained higher in Asian trade Tuesday, on global economic concerns, despite losing some of its gains in early trade. Gold for immediate delivery was seen trading at $1225.18 an ounce at 12 Full story

Next Up: A Spot Gold ETF With Storage in Singapore

ETF Database submits: Over the past few years, the number of ETFs has grown exponentially; the industry now covers nearly every corner of the investable universe. Full story

New gold ETF planned which will hold its backing metal in Asia

ETF Securities is looking to launch a new gold ETF which will hold the gold backing it in secure vaults in Singapore to parallel its similar ETF which holds its gold in Switzerland. Full story

Gold holds steady near $1200/oz mark

If yellow metal breaks lockstep with dollar it could rise to $1250/oz — analyst LEWA PARDOMUAN SINGAPORE — Gold held steady on bargain hunting today after prices slipped below $1200/oz but firm stock markets were likely to weigh, and holdings on the Full story

Gold flourishes on China move

SINGAPORE (Commodity Online) : Gold prices climbed in Asian trade Wednesday after reports said China, the world’s largest gold producer, decided to expand its market. Full story
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