Aluminium
Gold ends session lower in New York, but gains on week
by Elaine Frei
December gold dropped $7.20 to $1,651.80 per troy ounce Friday as prices for the precious metal fluctuated between gains and losses all session as investors continued to worry about the economic situation in the United States even though the Labor Department delivered good news on jobs. The Labor Department said that the US economy added [...]
Gold prices retreat after setting new intraday high
by Elaine Frei
Gold prices were lower Thursday at the close of trade, droppoing $7.30 from Wednesday’s close to $1,659 per troy ounce, but not before it set a new intraday high at $1,684.90 per troy ounce and traded as low as $1,642.20 per troy ounce during the session. The decline came as equities markets dropped, making some [...]
Gold closes at $1,666 per ounce in New York trade
by Elaine Frei
Gold prices remained in record territory Wednesday as investors looked for safe places to put their cash on declines in equities markets around the world. December gold added $21.80 to $1,666.30 per troy ounce in New York for a new record high at the close after going as higha s $1,675.90 per troy ounce earlier [...]
Gold prices at new records on disappointing US data
by Elaine Frei
Gold prices hit new highs Tuesday in New York trade after the US Commerce Department reported that consumer spending in the United States was down by 0.2 percent in June against an expected gain of 0.1 percent, the first decline in nearly two years, while personal income was up by just 0.1 percent, the smallest [...]
Gold prices lower but comes off session lows on manufacturing data
by Elaine Frei
The price of gold dropped in New York trade on Monday, with December contracts down $9.50 at the close of floor trade to $1,621.70 per troy ounce after going as low as $1,608.20 per troy ounce earlier in the session. Gold came off lows after new manufacturing data from the Institute for Supply Management, which [...]