Posts Tagged ‘weekly-loss’

Gold Recovers 1.1% Weekly Loss On Weak US Payroll News, As Greece Agrees "Blackmail" Deal "That Will Turn Workers Into Modern Slaves". Full story

, pressured by a firmer appetite for assets seen as higher risk on expectations the economic recovery was gaining traction, but a retreat in the dollar prevented a steeper drop. The metal is heading for a third consecutive weekly loss and its weakest Full story

Gold rose for a second day in New York on speculation that Europe's sovereign-debt crisis will worsen, boosting demand for bullion as a haven. The euro headed for a weekly loss as Group of 20 leaders prepared to meet this weekend in Toronto to discuss Full story

Gold climbed to the highest price since December yesterday as investors sought an alternative to holding currencies. The U.S. dollar fell as much as 0.8% against a basket of six major currencies Full story

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 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