Gold edged sharply higher in early trading Thursday, rebounding from losses accrued in the previous session. Spot prices for the yellow metal were lifted by weakness in the dollar, and amid an increase in safe-haven demand following substantial declines in commodities and global equities. “Gol...read more
May 23, 2013
May 22, 2013
Gold prices edged decisively higher in early trading Wednesday, as investors await congressional testimony by Federal Reserve Chairman Ben Bernanke later in the day on the outlook for the U.S. economy and labor market. Investors are also awaiting the release of the latest FOMC minutes, which inve...read more
May 21, 2013
Gold turned sharply lower in early U.S. trading, dropping more than two percent on the New York Spot Market, while silver dropped just under three-percent. Light profit taking is featured in precious metals markets Tuesday, but prices are also under pressure from a broadly stronger U.S. dollar. ...read more
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