Stocks finished narrowly mixed in a quiet session as traders await President Barack Obama signing the tax-cut extension bill into law.
Robert Mugabe, the president of Zimbabwe, has threatened to nationalize all British and American companies operating in his country unless Western sanctions are eliminated.
Nerbrand's team at HSBC reckon that Gold Investment accounts for just 0.14% of the average global portfolio today. If this figure increases, as we expect, the Gold Price could rise significantly...We believe asset allocators are likely to increase their weighting in gold over the next ten years if they focus on risk management
The top pre-market NASDAQ stock market losers are: TriQuint Semiconductor, Randgold Resources, Vodafone Group, Aixtron, Acergy, Shire, Microsoft, and Siliconware Precision Industries.
Stocks rose, likely boosted by a drop in jobless claims and an optimistic forecast by FedEx Corp. (NYSE: FDX), ahead of post-closing earnings reports from Research In Motion (Nasdaq: RIMM) and Oracle (Nasdaq: ORCL).
U.S. stocks advanced in early trade on Thursday, following better-than-expected initial jobless claims and housing starts data.
Wholesale-market Gold Investment bullion-bar prices slipped back to an overnight low beneath $1380 per ounce Thursday lunchtime in London, trading 0.5% down for the week as world equities crept higher and the US Dollar eased back on the forex market.
Futures on major U.S. stock indices remained-range bound on Thursday ahead of economic data, including key weekly U.S. jobs data from the government.
Stocks on Wall Street drifted lower, erasing an early-session rally, as the dollar jumped and traders weighed a credit downgrade warning on Spain and the U.S. Senate’s passage of the $885-billion tax cut extension bill.
Gold Prices slipped to a two-day low in London dealing on Wednesday, dropping 1.5% from yesterday's Dollar high at $1408 per ounce as Asian stock markets closed up to 2% lower and European stocks lost 0.7% on average.
Futures on major U.S. stock indices point to a lower opening on Wednesday with futures on the S&P 500 down 0.47 percent, futures on the Dow Jones Industrial Average down 0.39 percent and Nasdaq100 futures down 0.47 percent.
Precious metals were down in Asian trade on Wednesday, as dollar's gains following Tuesday's FOMC decision to keep the US quantitative easing program uninterrupted weighed on the investment appeal of the commodities.
Stocks retreated in the final hour of trading after the Federal Reserve left interest rates unchanged at near-zero, maintained its bond-buying program and warned about the slow pace of economic recovery in the U.S.
Gold and silver fell off day's highs after stronger-than-expected US data released Tuesday morning in New York strengthened the greenback, losses in which had helped the metals rose to 1-week highs earlier in the day, but both metals held on to the SMA support strongly.
US stocks advanced in early trade on Tuesday, following better-than-expected reports on retail sales and producer prices.
The FT reported that market-making brokerage and bank J.P.Morgan has materially reduced its bets on lower silver prices, citing a person familiar with the matter.
Futures on major U.S. stock indices point to modestly higher opening on Tuesday, following better-than-expected reports on retail sales and producer prices.
Futures on major U.S. stock indices point to a modestly higher opening on Tuesday ahead of a wave of economic data including the US Federal Open Market Committee statement (FOMC).
Futures on major U.S. stock indices point to a modestly lower opening on Tuesday as investors awaited a wave of economic data including the US Federal Federal Open Market Committee statement (FOMC)
Russian billionaire Mikhail Prokhorov on Monday unveiled a new hybrid car called 'Yo'. The hybrid operates on a combination of electricity and petrol.
A late-day sell-off, ahead of the U.S. Senate vote on the compromised tax bill, pushed the major equity indices to session lows, resulting in a mixed performance for stocks.
The Gold Price in Dollars hit a 3-session high in London on Monday, rising alongside world stock markets and commodities on what one trader called relief that Beijing did not hike Chinese interest rates as expected at the weekend.
