Three reasons to cheer europe's economy
- World
- February 25, 2015
Gold prices hit a one-month high on Monday, recovering sharply from recent losses as markets bet that a burgeoning banking crisis in the U.S. will push the Federal Reserve into softening its hawkish rhetoric in the coming days. The dollar fell sharply against a basket of currencies, while an inversion in the yield curve lessened
READ MOREGold prices moved in a tight range on Wednesday, stabilizing after a sharp drop in the prior session as markets hunkered down ahead of a Federal Reserve interest rate decision, while easing fears of a banking crisis spelled lesser safe haven demand for the yellow metal. Bullion prices were nursing sharp losses from the prior
READ MOREGold prices were mixed on Monday amid some uncertainty over U.S. monetary policy, while copper prices retreated sharply as major importer China set a weaker-than-expected GDP target for 2023, undermining expectations of a strong recovery in demand. Bullion prices were aided by a drop in the dollar last week, breaking a five-week losing spree as
READ MOREGold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest rates and anticipation of key U.S. economic readings this week kept traders largely on the sidelines. The yellow metal marked four consecutive weeks of losses as hotter-than-expected U.S. inflation and signs of
READ MOREGold prices were muted in early Asian trade on Tuesday after touching key highs in the prior session as markets locked in some profits ahead of an upcoming Federal Reserve interest rate decision, while caution over a potential banking crisis kept safe haven demand strong. The yellow metal rallied sharply over the past week as
READ MOREGold prices retreated on Monday as traders locked in profits after a strong run of gains, but remained near key levels hit last week as fears of a global banking crisis kept safe haven demand high. Bullion prices surged to the over $2,000 last week amid concerns over the next domino to fall among U.S.
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