Posted by Reuters: Business News on June 18, 2010
LONDON (Reuters) – Gold rallied to a record high above $1,260 an ounce on Friday as momentum triggered by buying of the metal as a haven from sovereign and financial risk pushed prices through technical resistance.
Posted by Reuters: Business News on December 2, 2009
HONG KONG (Reuters) – Gold scaled another all-time high above $1,200 an ounce on Wednesday, helped by a weaker dollar as it lost some of its safe-haven appeal due to upbeat U.S. home sales and renewed appetite for riskier assets.
Posted by Reuters: Business News on
HONG KONG (Reuters) – Gold surged to an all-time high above $1,200 an ounce on Wednesday, hitting a record for a second straight day, and Asian stocks advanced as investors chased riskier assets offering higher returns.
Posted by Reuters: Business News on December 1, 2009
LONDON (Reuters) – Gold hit record highs at $1,198.70 an ounce in Europe on Tuesday as the dollar weakened against a basket of currencies in the wake of policy comments from the Bank of Japan, adding to strong investment demand for the metal.
Posted by Reuters: Business News on November 23, 2009
LONDON (Reuters) – Gold hit a record high at $1,167.45 an ounce on Monday as dollar weakness pushed the metal through key technical resistance levels, fuelling momentum buying after the metal’s sharp run higher earlier this month.
Posted by Reuters: Business News on November 18, 2009
LONDON (Reuters) – Gold hit a fresh record high near $1,150 an ounce on Wednesday, boosting precious metals across the board, as a dip in the dollar index added to momentum buying as prices broke through key technical resistance levels.
Posted by Reuters: Business News on November 16, 2009
NEW YORK/LONDON (Reuters) – Gold raced to a record high above $1,140 an ounce on Monday, gaining 2 percent as a weakened dollar boosted funds’ risk appetite for investments across the board.
Posted by Reuters: Business News on November 12, 2009
NEW YORK (Reuters) – Gold retreated from a record high above $1,120 an ounce on Thursday and global stocks lost ground as doubts about a lasting economic recovery underpinned the dollar.
Posted by Reuters: Business News on
HONG KONG (Reuters) – Gold rose above $1,120 an ounce to a fresh record high on Thursday as the U.S. dollar wavered near 15-month lows, while Asian shares lost ground as investors took profits after four days of gains.
Posted by Reuters: Business News on October 8, 2009
TOKYO (Reuters) – Spot gold topped $1,050 per ounce to mark a record high for the third session in a row on Thursday as the dollar’s continued struggle made the precious metal more attractive to investors.
