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Search results for "XAU"



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Gold wedged below $1,100 ahead of Fed outcome

Gold held just below $1,100 an ounce early on Wednesday, trading not far from a 5-1/2-year low, as investors awaited the outcome of the U.S. Federal Reserve's meeting for more clues on the timing of this year's interest rate increase.
Source: Reuters
Gold edges higher as investors await Fed meeting

Gold firmed on Tuesday but remained near 5-1/2-year lows as markets braced for this week's Federal Reserve meeting.
Source: Reuters
Gold loses traction, closes in on 5½-year low

Gold lost ground on Monday with expectations for a near-term U.S. interest rate hike seen keeping momentum firmly with the bears.
Source: Reuters
Tough times for gold miners-but UK spared worst

UK-listed gold miners were spared the worst of the stock market slump last week. But they still face a precarious situation, the Financial Times reports.
Source: Financial Times | By: James Wilson, Mining Correspondent
Here's what's dragging on markets, experts say

David Darst outlined the factors that led to major U.S. stock averages falling more than 2 percent this week.
Source: CNBC.com | By: Jacob Pramuk
Gold climbs from 5½-year low as US stocks extend losses

Gold turned higher after sliding more than 1 percent to its lowest since early 2010 on Friday, as the dollar fell from its highs.
Source: Reuters
Europe ends lower; earnings, commodities weigh

European stocks finished off the week in the red, following a volatile five days of mixed earnings and a sell-off in commodities.
Source: CNBC.com | By: Jenny Cosgrave
Gold could plunge to $1,000 quicker than you think

Gold's woes continued Friday with analysts warning that the precious metal could plunge far faster than recently forecast and hit the $1,000 mark in just a few weeks.
Source: CNBC.com | By: Arjun Kharpal
Anglo American warns on further pain for commodities

One of the world's largest miners, Anglo American maintained its interim dividend on Friday as a deep sell-off in metals hurt its first half profit.
Source: CNBC.com | By: Jenny Cosgrave
Gold turns lower as US data takes pressure off dollar

Gold turned lower on Thursday, dipping back below $1,100 an ounce as a steeper-than-forecast drop in U.S. jobless claims helped the dollar recover.
Source: Reuters