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Showing posts with the label LIVE GOLD NEWS UPDATE @@www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

LIVE GOLD NEWS UPDATE @@www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

PRECIOUS-Gold gains as U.S. recession fears  b oost safe-haven assets * Safe-haven yen hits six-week  peak versus the dollar * SPDR Gold holding rose about 1  pct in previous week * Specs raise bullish positions in gold (Adds comment, updates prices) By K. Sathya Narayanan March 25 Gold rose on Monday as investors' appetite for riskier assets faded on concerns about a potential U.S. recession and decelerating global growth, increasing appeal for the bullion alongside yen a nd bonds.Spot gold  was up 0.2 percent at $1,316.11 per ounce as of 0422 GMT, while U.S. GCcv1 gained 0.3 percent to $1,315.80 an ounce. The metal last week posted its third conse cutive weekly gain and rose 1 percent, the most since the week ended Feb. 1. Investors dumped shares and fled to the safety of bonds, while the Japanese yen hovered near a six-week high. MKTS/GLOB"Market is in a risk aversion mode. It seems that the data from Friday night, of U.S. and Europe, didn't come as expected,&qu

LIVE GOLD NEWS UPDATE @@www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

PRECIOUS-Gold gains as U.S. recession fears b oost safe-haven assets * Safe-haven yen hits six-week peak versus the dollar * SPDR Gold holding rose about 1 pct in previous week * Specs raise bullish positions in gold (Adds comment, updates prices) By K. Sathya Narayanan March 25 Gold rose on Monday as investors' appetite for riskier assets faded on concerns about a potential U.S. recession and decelerating global growth, increasing appeal for the bullion alongside yen a nd bonds.Spot gold  was up 0.2 percent at $1,316.11 per ounce as of 0422 GMT, while U.S. GCcv1 gained 0.3 percent to $1,315.80 an ounce. The metal last week posted its third conse cutive weekly gain and rose 1 percent, the most since the week ended Feb. 1. Investors dumped shares and fled to the safety of bonds, while the Japanese yen hovered near a six-week high. MKTS/GLOB"Market is in a risk aversion mode. It seems that the data from Friday night, of U.S. and Europe, didn't come as expect