Edition:
United States

Susan Fenton

Gold heads for best week in four years on safe-haven appeal

Feb 12 2016

LONDON Gold eased on Friday after soaring 4 percent the previous day, but was still set for its best week in four years, lifted by stock market turmoil that has sent investors rushing for safe haven assets.

Central banks and Chinese buyers helping to spur gold demand: WGC

Feb 11 2016

LONDON Buying by central banks as well as Chinese investors seeking protection from a weakening currency helped lift demand for gold in the final quarter of last year and the trend looks set to continue, the World Gold Council said on Thursday.

Gold nears seven-and-a-half month high as stocks remain volatile

Feb 09 2016

NEW YORK/LONDON Gold turned higher on Tuesday but hovered beneath the previous session's 7-1/2-month high of $1,200 an ounce, buoyed by risk aversion as equities remained volatile and the dollar extended losses.

Gold price surges to highest level since June as share prices slide

Feb 08 2016

NEW YORK/LONDON The price of gold jumped 2 percent to a 7-1/2-month high on Monday, briefly nudging above the psychological level of $1,200 an ounce, as sliding stock markets and worries over global economic growth prompted investors to seek safety.

Gold price rises to three-month high after mixed U.S. jobs data

Feb 05 2016

NEW YORK/LONDON Gold rose to a three-month high in volatile trade on Friday, as a mixed U.S. jobs report prompted investors to reassess the outlook for U.S. interest rates this year, putting bullion on track for its strongest weekly performance in more than a year.

Gold hits three-month peak as U.S. rate rise views ease

Feb 04 2016

LONDON Gold extended its rally on Thursday, building on the previous day's gains to strike a three-month high as global economic and financial headwinds present obstacles to a U.S. interest rate rise in the near term.

Gold sets new three-month high as investors shun risky assets

Feb 03 2016

LONDON Gold hit three-month highs on Wednesday as the dollar slid versus the euro and European shares fell sharply, prompting investors to seek shelter in assets perceived as safer.

Gold steadies near three-month high as global economy concerns persist

Feb 02 2016

LONDON Gold steadied after touching a new three-month high on Tuesday, still supported as global growth concerns and a further drop in the oil price pushed investors towards safe-haven assets.

Global consumer confidence improves, India most bullish - Nielsen

Oct 29 2014

LONDON Consumer confidence in the United States jumped in the third quarter and improved globally, although people were more optimistic about job prospects than their personal finances, a survey showed on Wednesday.

Global consumer confidence improves, India most bullish - Nielsen

Oct 29 2014

LONDON Consumer confidence in the United States jumped in the third quarter and improved globally, although people were more optimistic about job prospects than their personal finances, a survey showed on Wednesday.

World News