Posts Tagged ‘the-prospect’

Gold prices fell a second day as the prospect of credit downgrades created more pressure for European leaders to agree on a plan to solve the region’s financial crisis. Full story

Gold futures fell as the prospect of financial support from China eased concern that the European debt crisis will worsen, eroding demand for the metal as a haven. Full story

NEW YORK: Gold posted its biggest gains in eight weeks on Friday, gaining nearly 2 percent as the prospect of unrest in Egypt spreading across the Middle East fueled a rush of safe-haven buying in the financial markets. The nearly $40-an-ounce jump in Full story

Investors did not seem much optimistic on white metal and tried to square off their long positions. As the dollar was still in pressure from the prospect of rising money supply, rapid shift was observed in prices with an expectation that further setbacks Full story

Gold rose to a record high in Europe on Thursday and was on track for an eighth consecutive quarterly gain as the dollar fell amid concerns over the prospect of further U.S. quantitative Full story

The precious metals market worldwide took a beating with the prospect of restrictions on bank funds flowing into the market. - What a difference a political statement from the world's most powerful Head of State can do to the markets!! Full story