Monthly Archives: December 2017

Gold hovers at 1-month high as latest win streak is extended

Gold futures prices trudged higher Thursday, trading at a one-month high after gaining in all but two sessions over the past two-plus weeks. Copper, fueled by hopes for strong 2018 demand from top consumer China, continued its run higher, trading at four-year highs. Metals rose as a leading dollar index fell, making dollar-priced gold more […]

Gold extends rally as dollar wobbles, but stock gains keep metal in check

Gold futures ticked higher Monday as the dollar index slipped, building slowly on what was the yellow metal’s first weekly gain in a month last week. February gold was up $4.20, or 0.3%, at $1,261.70 an ounce. The SPDR Gold Trust was trading 0.3% higher premarket, while the VanEck Vectors Gold Miners ETF rose 0.1%. […]

Gold climbs from 4-month low, helped by geopolitical worries

Gold and other metals pushed higher on Wednesday, erasing part of their weekly loss, with analysts pinning the rebound in part on geopolitical worries. February gold rose by $5.80, or 0.5%, to $1,270.70 an ounce, recovering somewhat from Tuesday’s 1% slide to its lowest settlement in about four months. It remains down so far for […]

Gold holds steady ahead of U.S. data

Gold prices held steady within a familiar range on Tuesday, as investors looked ahead to key U.S. economic data due later in the session for fresh clues on the likely trajectory of monetary policy. Comex gold futures were at $1,278.00 a troy ounce by 3:05AM ET (0805GMT), little changed from last session’s closing price. The […]

Gold prices climb up from over one-week low as dollar, stocks decline

Thanks Gold prices clawed back on Friday after skidding to their lowest level in more than a week a day earlier. Even with the slide, the metal claimed a slim November gain as the dollar wobbled. November’s economic data did little to sway markets from expectations for a gold-negative interest-rate hike later this month and […]