Gold eyes best week in 4 years amidst turmoil Gold on Friday clung to sharp overnight gains that pushed the metal to a one-year high, and looked set to post its best week in over four years as stock market turmoil stoked safe haven demand.
Europe tanks on global growth fears European stocks ended sharply lower on Thursday, as bank and commodity stocks sold off and investors remained jittery over the global economy's health.
| By: Alexandra Gibbs
Gold rises to near 7-1/2-month high Gold rose for an eighth session out of nine, climbing towards a 7-1/2-month high as investors sought the safe-haven asset amid tumbling stock markets.
Asia sells off; Nikkei drops 5.4% Australian and Japanese markets tumbled on Tuesday, as investors pulled cash from stocks in favor of safe havens.
| By: Saheli Roy Choudhury
Global stocks tumble as investors weigh recession risk Equity markets around the world were met with extreme bearish sentiment on Monday, as worries about the outlook for global growth and the tactics of the world's big central banks came under renewed scrutiny.
| By: Jenny Cosgrave
Confusion and turmoil helps gold to shine Concerns over the global economy have added an extra shine to safe-haven assets such as gold, according to the chief executive of a top mining firm.
| By: Matt Clinch