Monthly Archives: September 2017

Gold remains at highs as dollar tumbles

Commodities Sep 07, 2017 17:36 GMT © Reuters. Gold hit a more than 1-year on Thursday – Gold prices surged on Thursday on the back of a weaker dollar, following data showing weakness in labor market but gains were capped as expectations grew that the European Central Bank is moving closer to tightening monetary […]

The “sum of all fears” has restored investors’ faith in gold

The “sum of all fears” has restored investors’ faith in gold. Money is piling into gold amid concerns over the U.S. economy that could slow the Federal Reserve’s plans to raise interest rates. Adding fuel to the rally are growing U.S.-North Korea tensions. Last week, investors poured $1 billion into the largest exchange-traded fund backed […]

Gold post one year highs

(Reuters) – Gold prices climbed to a one-year high on Tuesday as the U.S. dollar eased and safe-haven buying demand remained robust due to continued concerns over North Korea’s nuclear tests. Wall Street stocks fell as U.S. trading reopened for the first time since North Korea’s biggest nuclear bomb test yet, and the U.S. dollar […]