Resource Investor: Gold futures slump as Bernanke talk lifts dollar
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Maybe it is more like the dollar doldrums as the currency weakens against many other currencies but it is probably early to announce its demise, that will be a slow and longer term process but inevitable it would seem. As the dollar weakens it will actually help some US companies that have a lot of sales overseas, even companies such as ...
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- News Source: Daily News & Analysis | about 1 month agoStandard gold and pure gold, however, ruled steady in the absence of market-moving factors. In New York, gold futures finished lower on Friday, as the dollar gained back some ground after Federal Reserve chairman Ben Bernanke said loose monetary...
- News Source: Uinta County News | about 1 month agoGold futures finished lower on Friday, but finished the week sharply higher, as the dollar gained back some ground after Federal Reserve Chairman Ben Bernanke said loose monetary policy will end eventually...October gold ended down $7.60 at $1,047.80...
- News Source: The Age | about 1 month agoThe US Dollar Index rose as much as 0.8 per cent, rebounding from the lowest level in almost 14 months, after Federal Reserve Chairman Ben S. Bernanke said the central bank is ready to ``tighten'' US monetary policy. Gold futures, up 4.4 per cent...
- Blog Source: alfredkewl.blogspot.comIn early trading Friday in Asia, the dollar inched up after Federal Reserve Chairman Ben Bernanke reiterated that once the recovery takes hold, the U.S. will need to raise interest rates. ... With the Fed holding short-term rates close to zero, a
- Blog Source: blog.taragana.comGold prices slipped after touching a fresh high of $1062.70 on Thursday. Bond prices extended losses from Thursday, sending yields higher as Bernanke's comments raised expectations that the central bank may hike rates sooner than anticipated to
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Image Source: seekingalpha.comWith gold now trading at $680 ...Image Source: seekingalpha.comWith gold now trading at $680 an ... -
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