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By Ilya Spivak |
May 23, 2012
Commodities are sinking in early European hours as risk appetite evaporates ahead of today’s EU leaders’ summit. Traders are pondering an endgame to the latest debt crisis flare-up that may include Greece’s exit from the euro zone.
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By Philip Burgert |
May 22, 2012
The London Metal Exchange on Tuesday said it had narrowed discussion on a potential takeover acquisition to two bidders and sources close to the process said CME Group was the latest bidder to be eliminated.
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By Adrian Ash |
May 21, 2012
Spot gold prices touched a seven-session high just shy of $1,600 per ounce in London's wholesale market early Monday, falling back to last week's finish at $1,593 as European stock markets rose for the first time in 10 days.
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By Ben Traynor |
May 18, 2012
Wholesale market gold prices climbed as high as $1,594 an ounce during Friday morning's London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing negative ratings decisions.
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By Mark O'Byrne |
May 17, 2012
Gold climbed during volatile trading in Asia having recovered from the NY close yesterday. In European trading the yellow metal is hovering near the $1,548/oz level. Technically, gold’s trend remains down but gold looks increasingly oversold.
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By Ben Traynor |
May 8, 2012
Wholesale market Gold prices fell to a two-week low of $1,625 per ounce Tuesday morning in London – the first day of London trading since yesterday's bank holiday – as stocks and commodities also fell and the dollar extended recent gains.
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By Jon Nadler |
April 30, 2012
Gold prices started the final trading day of April with minor losses in New York and were seen headed for a net loss for the month (based on the PM Fix) on the order of 1.75%.
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By Ben Traynor |
April 16, 2012
Gold bullion prices hovered below $1,650 per ounce Monday morning in London – well within their range of the past four weeks – as European stocks edged higher while commodity prices fell.
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By Ben Traynor |
April 13, 2012
Dollar prices to buy gold hovered just below $1,680 per ounce Friday morning in London – back at levels last seen 10 days ago – as stock markets and industrial commodities ticked lower and government bonds gained.
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By Ben Traynor |
April 10, 2012
Gold bullion prices drifted down to $1.642 per ounce during Tuesday morning's London trading – though still slightly up on last week's close following gains in Asia – while stocks fell and commodities were flat.
