Mar 20, 2015
Gold eases from two-week high as dollar pares post-Fed lossesLONDON (Reuters) - Gold eased on Thursday from an earlier two-week high as the dollar recovered from its biggest daily fall in 18 months following a more cautious than expected interest rate statement from the Federal Reserve. Spot gold rallied to a peak of $1,177.46 an ounce and the dollar tumbled after the U.S. Federal Reserve signalled a slower pace of interest rate hikes and gave a cautious outlook for the U.S.
May 09, 2013
Gold steadies around $1,450 on lower dollar, demandLONDON (Reuters) - Gold steadied on Wednesday as a weaker dollar and robust physical demand balanced against negative pressures of strong equity markets and a drop in exchange-traded fund holdings to their lowest in four years. The prospect of surging demand from China in coming months, after net gold inflows from Hong Kong hit a record in March, may further support bullion prices, which have been hurt by sagging investor confidence in the metal this year.
Dec 02, 2011
Gold edges up on EU's debt crisis plan expectationSpot gold edged up on Friday as investors bought the metal along with other risk assets.