March 2012

U.S. gold prices settled slightly lower Thursday, marking a third straight session loss. June gold, the current most active futures contract, declined $5.60, or 0.3%, to $1,654.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold lost its appeal Thursday to risk-averse investors who preferred the U.S. dollar. "We have suspected [...]

{ 0 comments }

U.S. gold prices fell slightly Tuesday but dropped hard Wednesday. April gold futures declined $27, or 1.6%, to $1,657.90 an ounce on the Comex division of the New York Mercantile Exchange. The metal traded between an intraday low of $1,654 an ounce and a high of $1,684.50 an ounce.

{ 0 comments }

U.S. gold prices were nearly unchanged Tuesday, dipping less than 0.1% after two consecutive days of gains. A stronger U.S. dollar and profit taking were among factors analysts provided for the loss. April gold prices declined 70 cents to settle at $1,684.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold [...]

{ 0 comments }

U.S. gold prices on Wednesday rebounded slightly from Tuesday’s $20.30 loss. April gold futures climbed $3.30, or 0.2%, to settle at $1,650.30 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded from an intraday low of $1,646.30 an ounce to a high of $1,661.90 an ounce.

{ 0 comments }

U.S. gold prices lost 1.2% Tuesday after a modest 0.7% increase on the previous day. Gold prices were pressured by a stronger U.S. dollar as concerns over global growth drove investors to the greenback and away from stocks and commodities.

{ 0 comments }

U.S. gold prices rebounded Thursday after three-straight session losses which totaled nearly $70. The deep losses were a reason attributed to gains Thursday as investors were able to buy at "bargain" prices. Gold prices for April delivery rose $16.60, or 1%, to $1,659.50 an ounce on the Comex division of the New York Mercantile Exchange.

{ 0 comments }