NEW YORK (TheStreet ) -- Gold prices were climbing higher Wednesday, still bathed in the afterglow of the Federal Reserve's commitment to cheap money through late 2014. Gold for February delivery was popping $28 at $1,728.10 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,730.50 and as low as $1,703 an ounce while the spot price was ...
NEW YORK (TheStreet ) -- Gold prices reversed earlier losses and popped higher Wednesday as the Federal Reserve stayed committed to an easy monetary policy for a longer period of time. Gold for February delivery rallied $36.50 to close at $1,700.10 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,704.50 and as low as $1,649.20 an ounce ...
By Amanda Cooper LONDON (Reuters) - Gold eased for a second day on Wednesday, ahead of the U.S. Federal Reserve's monetary policy decision and its first longer-term policy forecasts, and under pressure ...
GOLD PRICE NEWS – The gold price climbed $12.08, or 0.7%, to $1,723.63 per ounce Thursday morning as the yellow metal built on yesterday’s Fed-induced rally.
With US interest set at near zero, investors should also turn to govt bonds
GOLD PRICE NEWS – The gold price declined $12.10 to $1,654.75 per ounce Wednesday morning ahead of today’s conclusion of the two-day Federal Open Market Committee (FOMC) meeting.
TORONTO, ONTARIO-- - Detour Gold Corporation is pleased to report its 2011 year-end mineral reserve and resource update for its 100% owned Detour Lake gold project in northeastern Ontario. The update includes ...
When the Fed threw a bucket of cold water on the blithe attitude of the last week [see below] the gold price took off like a shot from a gun and hit $1,710 by New York’s close.
GOLD PRICE NEWS – The gold price declined Tuesday, sinking 0.8% to $1,665 per ounce. Gold prices fell alongside the broader stock and commodity markets on worries that Greece might be headed for a disorderly default.
Classic Gold Future, a gold trading company, predicts that the global gold price will hit 2,000 US dollars per ounce due to the continuous demand from speculators.
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