Gold Silver Reports ~ Gold rose on Monday, as the dollar edged lower on renewed oil market weakness and concerns over the global economic report which have raised questions about the Federal Reserve’s pace of interest rate tightening.
World Market
Gold Up Hopes Fed Hikes Amid World Economy
Gold Silver Reports ~ Gold edged higher on Monday, buoyed by expectations the U.S. Federal Reserve may have fewer chances to raise interest rates this year in the face of a wobbly global economy.
Gold Gain, Global Economic Report Dims
Gold Silver Reports ~ Gold prices rose modestly in Asia on Friday with investors noting an overall soft global economy spurring easy monetary policies that are likely to remain in place for some time.
World Stocks Market Up as Slowing China Growth
Gold Silver Reports ~ Shares in Europe and Asia rose and the dollar gained after data showing China’s economy grew last year at its slowest pace in a quarter of a century prompted investors to anticipate more efforts to spur growth.
North Dakota Sour Crude at $1.50 a Barrel
Gold Silver Reports ~ Crude Oil is so plentiful and cheap in the U.S. that at least one buyer says it would pay almost nothing to take a certain type of low-quality crude.
Goldman Expected More More Losses; Crude Oil
Gold Silver Reports ~ Mining giants including BHP Billiton Ltd. and Rio Tinto Group tumbled as commodities producers slumped along with oil on Monday, which sank after Iran secured the lifting of sanctions that have capped crude sales.
Global Selloff, Crude Slip Nears $29
Gold Silver Reports ~ Stocks tumbled around the world, with U.S. equities sinking to their lowest levels since August, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings added to concern that global growth is faltering.