Gold fell the most in two weeks on Tuesday as the U.S. dollar rebounded against the euro, hindering the investment demand for the precious metal.
Gold fell in New York as the dollar rose against the euro and a retreat in oil prices reduced the demand for the metal as a hedge against inflation.
Gold futures gained on Friday to close at their highest level since late April and sealed a weekly gain after crude oil surged to a record price above $126 a barrel and weakness in the U.S. dollar.
Gold futures ended with strong gains on Thursday as record energy costs and weakness in the U.S. dollar boosted the demand for a hedge against inflation.
Gold fell for the first time in four sessions on Wednesday as the dollar strengthened against the euro and other major currencies.
Gold futures rose for a third straight session after the dollar fell against the euro and oil surged to a new record above $122 a barrel, boosting the appeal of the precious metal as a hedge against inflation.
Gold futures rose on Monday, rebounding from posting losses in three consecutive weeks, as the dollar dropped against the euro and crude oil hit a new record.
Gold futures edged higher on Friday after recovering from earlier losses on a stronger dollar while posting a weekly loss of nearly $32 an ounce.
Gold futures fell sharply on Wednesday to its lowest level in almost three weeks as energy costs decline, coming under pressure as the dollar rose against most other major currencies.
Gold futures took a sharp plunge on Friday as the precious metal was pressured down by a rising U.S. dollar which lowered investors' demand.Gold for June delivery dropped $27.70 to end at $915...
Gold futures fell in New York on Thursday as the dollar rallied against the euro. Other precious metals were mixed with platinum and palladium ending lower, while silver gained.Gold for June delive...
Gold futures rose to its highest level in two weeks after the U.S. dollar fell to a new low against the euro. Silver also ended with gains.
Gold futures rose for a second day on Tuesday, making modest gains as a hedge against inflation after crude oil hit a new record high. Silver also rose.
Gold futures closed with a slight gain on Monday, after weakness in the U.S. dollar led more investors to the precious metal.
Gold futures fell on Friday, extending their dive from the previous session on speculation the precious-metals rally will end after prices failed to match crude, oil and euro prices this week which hit new records.
Gold futures ended lower Thursday, as the dollar gained against the euro on speculation a sinking European economy may lead to a cut in borrowing costs.
Gold futures rallied in New York on Monday along with other precious-metals futures , helped by a strength in crude oil and worries over the financial stability of the U.S. economy heightened investors demand for the precious metal.
Commodity Online
MUMBAI: Global cues coupled with heavy buying by stockists helped gold to climb more steps on its journey towards north here at the bullion market on Monday.Standard gold...
Commodity Online
MUMBAI: Gold recovered early from Wednesday s Rs 10 dip at the bullion market here on Thursday and resumed at Rs 11685, up by Rs 125, mainly on global cues.Gold prices we...
Gold futures plunged below $900 an ounce in New York on Tuesday for the first time in six weeks as the dollar continued to strengthen after taking a beating while investors moved to equities on signs banks are rebounding from U.S. subprime- mortgage losses.
Commodity Online
MUMBAI: Gold prices nosedived to a six week low level on Tuesday at the bullion market and ended at Rs 11,830 per 10 grams.The precious yellow metal dropped by Rs 460 to ...
Commodity Online MUMBAI: Gold prices nosedived to a six week low level on Tuesday at the bullion market and ended at Rs 11,830 per 10 grams.