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Gold down 1 pct, hits 8-month low on weak physical demand

By Frank Tang and Jan Harvey NEW YORK/LONDON (Reuters) - Gold slumped to an eight-month low on Friday, dropping 1 percent as a lack of physical and investment demand and widespread commodities losses weighed on bullion. Gold's losses also pressured silver and platinum group metals, with platinum hitting a 2014 low earlier in the session. For the week, the yellow metal lost 3.1 percent, its ...

Announcement of Proposed Class Action Settlement for Purchasers of Platinum or Palladium Bullion in the US Physical ...

NEW YORK, Sept. 12, 2014 /PRNewswire/ -- www.platinumpalladiumphysicallitigation.com Announcement Of Proposed Class Action Settlement In Re: Platinum And Palladium Commodities Litigation Master File No. ...

PRECIOUS-Gold down 1 pct, hits 8-month low on weak physical demand

* Gold hits lowest since Jan. 10, below $1,230/oz * Dollar eases but posts 9th straight week of gains * Platinum reaches 2014 low; Gold's losses also pressured silver and platinum group metals, with platinum hitting a 2014 low earlier in the session. For the week, the yellow metal lost 3.1 percent, its biggest weekly drop since May, hurt by fears of an earlier-than-expected interest rate hike by ...

Gold Extends Drop With Silver as Platinum Sinks to 7-Month Low

Gold and silver fell a third day, with both metals set for a second weekly loss, as speculation that U.S. borrowing costs will rise sooner than expected strengthened the dollar. Platinum dropped to a seven-month low.

PRECIOUS-Gold near lowest in seven months on Fed rate hike fears

* Signs Russia withdrawing troops from Ukraine weigh * Crude oil plunges, dollar hovers around 14-month high * Platinum, palladium fall in tandem with gold * Coming up: U.S. import-export data, retail sales Thursday (Updates market activities) By Frank Tang and Jan Harvey NEW YORK/LONDON, Sept 10 (Reuters) - Gold fell 0.6 percent on Wednesday, trading near its lowest in seven months at just over ...

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PRECIOUS-Gold near lowest in seven months on Fed rate hike fears

* Signs Russia withdrawing troops from Ukraine weigh * Crude oil plunges, dollar hovers around 14-month high * Platinum, palladium fall in tandem with gold * Coming up: U.S. import-export data, retail sales Thursday (Updates market activities) By Frank Tang and Jan Harvey NEW YORK/LONDON, Sept 10 (Reuters) - Gold fell 0.6 percent on Wednesday, trading near its lowest in seven months at just over ...

Gold Extends Drop With Silver as Platinum Sinks to 7-Month Low

Gold and silver fell a third day, with both metals set for a second weekly loss, as speculation that U.S. borrowing costs will rise sooner than expected strengthened the dollar. Platinum dropped to a seven-month low.

Gold eases towards three-month low as dollar holds near highs

Gold eased towards the previous day's three-month low on Wednesday as the dollar index held near its highest level in more than a year, underpinned by expectations that the Federal Reserve may be set to signal a rise in interest rates. The dollar has been trending higher since early July, supported by talk of a possible Fed rate rise. Spot gold was down 0.3 percent at $1,252.10 an ounce at 1124 ...

Gold slides to 7-1/2-month low, awaits policy cues from Fed

By Jan Harvey LONDON (Reuters) - Gold prices hit 7-1/2-month lows on Friday on speculation that the Federal Reserve may raise interest rates next year, and as the dollar index headed for its longest winning streak since 1997. The precious metal is on track for its biggest weekly fall since late May, with a drop of 2.4 percent. Its weakness has dragged down other precious metals, with platinum ...

Gold Prices Continue Falling

(MENAFN - QNA) Gold prices continued dropping during the past week reaching USD 1,232 per ounce amid continuous hike of the US dollar. Chief Executive Officer of Sabaek compan...

Global oil prices slump as dollar 'strengthens'

(MENAFN - Arab Times) LONDON Sept 13 (AFP): Commodity prices dropped this week as the dollar strengthened with Brent oil sinking to its lowest level in more than two years ag...

PRECIOUS-Gold down 1 pct, hits 8-month low on weak physical demand

* Gold hits lowest since Jan. 10, below $1,230/oz * Dollar eases but posts 9th straight week of gains * Platinum reaches 2014 low; Gold's losses also pressured silver and platinum group metals, with platinum hitting a 2014 low earlier in the session. For the week, the yellow metal lost 3.1 percent, its biggest weekly drop since May, hurt by fears of an earlier-than-expected interest rate hike by ...


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