Sat, Feb 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Performance more

Gold rebounds as prices at cheapest in four months spur demand

Posted on 07 January 2013

Gold gained, rebounding from the worst run of weekly losses since 2004, as a drop to the cheapest in more than four months lured buyers amid record low interest rates in the U.S. Silver, platinum and palladium advanced.
Spot gold rose as much as 0.3 percent to $1,660.50 an ounce, and traded at $1,660.25 at 10:20 a.m. in Singapore. Bullion tumbled to $1,625.85 on Jan. 4, the lowest price since Aug. 21, after minutes from the U.S. Federal Reserve indicated that its bond-buying program may end this year………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39433 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
S M T W T F S
« Jan    
1234567
891011121314
15161718192021
22232425262728