Tuesday 21 May 2013
 
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Platinum

Gold goes up; platinum stops after 6-day rally

Gold inched up on Wednesday towards a near two-week high hit in the previous session on expectations easy global monetary policies will continue, while platinum took a breather after rising for six straight sessions to a three-month peak.

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Gold drops to one-month low below $1,700

Gold fell to its lowest in nearly a month on Tuesday on technically driven selling after prices broke below key support levels, with oil prices also drifting lower as investors worried about stalled US budget talks. Gold broke bel

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Gold set for first 3-week drop in over a year

Spot gold prices eked out small gains on Friday after data showed U.S. economic growth picked up in the third quarter, but the metal was heading for its first three-week loss in more than a year on uncertainty over the future of the U.S. Federal

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Gold set for worst May performance in 30 years

Gold rose back above $1,570 an ounce on Thursday as expectations of an Irish vote in favour of Europe's fiscal pact lifted the euro, but this month's sharp drop in the single currency kept the metal on track for its worst May performance i

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Gold prices near 2-week high after Fed comments

Gold prices steadied around two-week highs on Tuesday after posting their biggest one-day rise since late January in the previous session, boosted by expectations that US interest rates will stay lower for longer and by gains in the euro. &nb

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Gold firms as China data sparks easing hopes

Gold edged up on Friday, rising in tandem with other commodities and equities, after lower-than-expected inflation data out of China suggested more monetary easing could be on its way. China's annual rate of consumer inflation slowed sharp

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Gold falls below $1,690 as euro slides

Gold prices fell more than 1 percent in Europe on Tuesday, pushing through support at $1,690 an ounce, as jitters over  euro zone growth pressured the euro versus the dollar. Platinum, palladium and silver were all caught up in the se

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Gold rally biggest in 8 weeks as Egypt army rolls

Gold posted its biggest gains in eight weeks on Friday, gaining nearly 2 per cent as the prospect of unrest in Egypt spreading across the Middle East fueled a rush of safe-haven buying in the financial markets. The nearly $40-an-ounce jump

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Gold recovers, bargain hunting supports

Spot gold regained some ground and platinum group metals returned to positive  territory, as bargain hunting lent support, after prices lost  about one per cent in early trade in response to China's  interest rate increase on Saturd

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Gold edges up fourth day on risk appetite

Gold edged up for a fourth day on Thursday, having backed off Wednesday's peaks as equity markets and the euro rose, encouraging investors to delve back into riskier assets. The more upbeat mood was not apparent across all markets.

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