Gold prices
Gold Loses Luster for Third Straight Year as Investors Sell
©2015 Bloomberg News O07ABB6JIJUQ (Bloomberg) — Gold’s image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by investors. Bullion for immediate delivery was little changed at $1,061.65 an ounce at 8:05 a.m. in Singapore after declining
Gold Futures Set for Longest Losing Run Since ’08 as Assets Drop
©2015 Bloomberg News NRTE7J6TTDS0 (Bloomberg) — Gold futures extended declines into a ninth day for the longest slump since the collapse of Lehman Brothers Holdings Inc. as holdings in the largest exchange-traded product backed by bullion tumbled to the lowest in almost seven years. Futures for August delivery on the
Bloomberg Business: Gold Holds Near Three-Month Low as Dollar Climbs on Rate Outlook
Copyright 2015 Bloomberg. NL0U966K50XU (Bloomberg) — Gold traded near the lowest level in three months after the dollar strengthened to a decade-high on expectations that the Federal Reserve will raise U.S. interest rates as the world’s largest economy improves. Bullion for immediate delivery was at $1,163.55 an ounce at 8:18 a.m.
