30 June 2012Gold Comex futures bounced back 1.3% at the end of last week but lost all the gains on Tuesday after U.S. workers came back from the Memorial Day long weekend. Gold futures reached as high as $1,582.4 upon New York opening on Tuesday but...
29 June 2012The U.S. Comex gold futures fell 1.77% on Thursday, underperforming the S&P, which fell 0.21%, the Stoxx, which fell 0.37%, and the CRB Commodity Index, which fell 1.23%. Gold futures, now trading at $1,550.40, will likely lose about 7%...
27 June 2012After falling 3.76% last week, the U.S. Comex gold futures climbed $8, or 0.51% in the first 2 days of this week. The S&P index dropped 1.1% after falling 0.58% last week, while the Stoxx index plunged about 2.7% after a gain of 0.26% last...
22 June 2012Gold futures briefly fell through the $1,600 level on Wednesday after the Fed announced that they would extend its Operation Twist program from June through the end of 2012, swapping $267 billion of shorter-maturity debt for longer-dated...
15 June 2012Gold futures prices have gone up for 5 consecutive days, ending at $1,619.6 as of Thursday, up almost 1.8%. This morning in Asia, gold futures traded higher to $1,625. The S&P and the Stoxx went up 0.26% and 0.2% respectively, while the...
13 June 2012Gold futures led the performance of other asset classes by rallying 1.4% week-to-date as of Tuesday. The S&P rose only 0.1% after rallying 3.7% last week, while the Stoxx was flat after rising 3.6% last week. The Euro/dollar fell 0.1%, and...
08 June 2012Gold futures had a big turnabout in the past 48 hours. From last Friday to this Wednesday, gold futures surged 4.6%. On Thursday, prices slumped 2.8% to $1,588, the biggest one-day drop since early April. This week, gold futures have...
06 June 2012Gold futures had the largest one-day jump since March 2009 of 3.8% last Friday, ending the week at $1,622.10. Month-to-date to 5 June, gold futures rebounded 3.5% while S&P fell 1.9%, Stoxx dropped 1.5% and emerging market equities fell...
01 June 2012As market participants focused on the political uncertainty in France and Greece, possible Greek exit from the Euro and banking problems in Spain, the adage of “Sell in May and Go Away” rang true again. For those who did not sell, here...
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