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Gold hits record on safe-haven demand

Reuters: Business News — Fri, 18 Jun 2010 18:20:11 +0000

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.

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Gold sets new record, risk appetite boosts shares

Reuters: Business News — Wed, 02 Dec 2009 08:50:07 +0000

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.

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Gold sets new record, risk appetite helps global stocks

Reuters: Business News — Wed, 02 Dec 2009 07:10:54 +0000

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.

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Gold hits record near $1,200/oz as dollar slips

Reuters: Business News — Tue, 01 Dec 2009 11:21:14 +0000

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.

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Gold hits record above $1,167/oz as dollar slips

Reuters: Business News — Mon, 23 Nov 2009 11:10:37 +0000

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.

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Gold hits record near $1,150/oz as dollar slips

Reuters: Business News — Wed, 18 Nov 2009 12:40:46 +0000

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.

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Gold hits record as dollar slips

Reuters: Business News — Mon, 16 Nov 2009 20:21:15 +0000

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.

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Dollar bounce triggers gold fall, stocks drop

Reuters: Business News — Fri, 13 Nov 2009 03:40:02 +0000

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.

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Weak dollar spurs gold to fresh high, global shares slip

Reuters: Business News — Thu, 12 Nov 2009 09:20:02 +0000

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.

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Spot gold hits record above $1,050

Reuters: Business News — Thu, 08 Oct 2009 05:51:05 +0000

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.

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