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By Glenys Sim, Bloomberg |
November 14, 2013
Gold demand in China, India and the Middle East surged in the 12 months to September while European sales contracted, underscoring a shift in the global bullion market from west to east, according to the World Gold Council.
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By Glenys Sim, Bloomberg |
October 31, 2013
Gold advanced, trimming the first weekly loss in three, as the biggest price drop in a month may have lured buyers.
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By Glenys Sim, Bloomberg |
October 9, 2013
Gold fluctuated, holding above $1,300 an ounce, as investors assessed the potential for an agreement to raise the U.S. debt ceiling.
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By Glenys Sim, Bloomberg |
September 12, 2013
Commodity demand in China, the world’s largest user of iron ore, copper and tin, will rebound through the end of the year as infrastructure projects gather pace and users restock, according to Goldman Sachs Group Inc.
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By Glenys Sim, Bloomberg |
August 22, 2013
Gold swung between gains and losses as investors weighed expectations that the U.S. Federal Reserve will start to curb stimulus.
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By Glenys Sim, Bloomberg |
August 20, 2013
Gold fluctuated between gains and losses before the U.S. Federal Reserve releases minutes from its last meeting.
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By Glenys Sim, Bloomberg |
August 15, 2013
Gold gained to a two-month high as lower equities and signs of rising physical purchases spurred demand.
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By Glenys Sim, Bloomberg |
June 25, 2013
Gold fell for a third day, heading for the biggest quarterly loss in more than 40 years, as U.S. economic data beat estimates.
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By Glenys Sim, Bloomberg |
April 10, 2013
The turn in the gold price cycle is accelerating after a 12-year rally as the recovery in the U.S. economy gains momentum, according to Goldman Sachs Group Inc., which reduced forecasts for the metal through 2014.
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By Glenys Sim, Bloomberg |
February 26, 2013
The cycle for gold prices, which climbed for 12 straight years, has probably turned as the recovery in the U.S. economy gathers momentum and investment holdings collapse, according to Goldman Sachs Group Inc..
