Posts Tagged ‘two-month-low’

SAN FRANCISCO (MarketWatch) Gold futures stumbled to a two-month low Thursday, squeezed by better-than-expected macroeconomic reports, a stronger dollar and concerns China is again preparing to move to tighten monetary policy to cool down its economy. Full story

From Chicagotribune.com: Gold has had its ups and downs recently, hitting an all-time high in mid-June and hitting a two-month low just four weeks later. And while many investors flock to this commodity when the market?s in trouble, gold might not be a Full story

Gold futures are trading higher today, in advance of Fed Chairman Ben Bernanke's Capitol Hill testimony. Gold hit a two-month low point earlier in the week, but it is trading at $1192.66 today. Full story

The dollar slid as much as 1.1 percent against a basket of six major currencies and touched a two-month low against the euro. Gold historically has moved inversely to the dollar. The metal reached a record $1,266.50 an ounce on June 21 and rallied to Full story