Tue, Aug 30, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold price hits 3.5 month high on U.S. growth fears

Posted on 18 February 2014

Gold hit a 3.5 month peak on Monday as fears over U.S. economic growth and a weaker dollar added to the metal’s safe-haven appeal, extending its gains after rising the most in six months last week.
Market sentiment towards gold has been positive since the beginning of the year as weak U.S. and China economic data, and emerging market jitters have taken a toll on global equities, spurring demand for bullion - often seen at times of uncertainty as a safe haven………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 47466 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
August 2016
S M T W T F S
« Jul    
 123456
78910111213
14151617181920
21222324252627
28293031