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Riffat Mughal

Gold drops 1 pct after Italy, Spain downgraded - 0 views

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    NEW YORK/LONDON: Gold fell around 1 percent on Friday, as bullion investors raised cash to cover margin calls amid losses in the equity markets after Fitch downgraded the credit ratings of Spain and Italy.
Halal Tamweel

Gold heads for biggest weekly gain since Sept - 0 views

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    SINGAPORE: Gold headed for its biggest weekly gain in a month as equities regained strength after fresh efforts by Europe to resolve its debt crisis eased nagging worries about a global recession, while purchases from jewelers offered additional support.
Riffat Mughal

U.S. gold gains 1pct on euro; equities weigh - 0 views

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    SINGAPORE: U.S. gold futures gained 1 percent to above $1,630 an ounce on Wednesday, driven by a return to bargain hunting after prices dropped the previous day, while purchases from jewellers helped the precious metal shrug off a volatile euro.
Riffat Mughal

Gold extends gains as equities drop - 0 views

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    SINGAPORE: Gold rose further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the metal, but a firm U.S. dollar could cap gains.
Riffat Mughal

Gold ticks higher; heads for worst month since Oct '08 - 0 views

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    SINGAPORE: Gold jumped more than 1 percent on Friday after Germany approved the expansion of the euro zone bailout fund, offering temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.
Riffat Mughal

Gold falls 1pct on dollar strength; investors cautious - 0 views

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    SINGAPORE: Gold slipped 1 percent in volatile trade on Wednesday as the U.S. dollar regained strength on doubts over the progress of Europe's efforts to tackle the region's debt crisis, while this week's brutal correction also kept investors at bay.
Riffat Mughal

Oil, gold lead commodity gains as outlook improves - 0 views

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    SINGAPORE: Oil and gold led gains in commodities in Asia on Tuesday as investors bet Europe's plan to shore up banks would reduce the risks of a widespread banking crisis in the euro zone, prompting investors to reduce holdings of the U.S. dollar.
Riffat Mughal

Gold slumps record $100; stocks edge up - 0 views

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    NEW YORK: Gold prices slumped more than $100 an ounce on Friday, the biggest fall on record in dollar terms, as traders sold to cover losses, while global stocks edged up on expectations the European Central Bank will take new measures to contain the euro zone debt crisis.
Riffat Mughal

Gold dips to 1-mth low in commodities sell-off - 0 views

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    SINGAPORE: Gold prices dipped 1 percent on Friday, headed for their sharpest weekly loss since May, amid a sell-off in commodities sparked by fears the global economy could plunge back into a recession.
Riffat Mughal

Gold hovers around $1,800 ahead of FED meeting - 0 views

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    SINGAPORE: Gold prices hovered around $1,800 an ounce on Wednesday, as worries about a worsening euro zone debt crisis supported the safe-haven sentiment, while investors awaited the conclusion of a U.S. Federal Reserve policy meeting for trading cues.
Riffat Mughal

Gold rises on euro zone woes; eyes on fed - 0 views

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    SINGAPORE: Spot gold gained 0.8 percent on Monday, extending a 1.2-percent rise in the previous session, as worries about a worsening debt crisis in the euro zone drove investors to seek safety in bullion.
Halal Tamweel

Global stocks rally on Europe hope, euro slip - 0 views

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    NEW YORK: Global equities rose for a fourth straight day on Friday, but the euro slid as hope Europe was finally getting a grip on the region's debt crisis was offset by lingering fears Greece is still at risk of default.
Halal Tamweel

Gold heads for biggest weekly drop since early 2009 - 0 views

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    SINGAPORE: Gold slipped more than 1 percent on Friday, heading for its biggest weekly drop since March 2009, as stock markets gained and the euro rose after major central banks around the world strived to fight the debt crisis in Europe.
Halal Tamweel

Gold extends losses on eurozone debt hopes - 0 views

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    SINGAPORE: Gold slipped more than half a percent on Thursday after equities rose and the euro ticked up on optimism over tentative steps by European policy makers to resolve and limit the region's debt crisis.
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