Gold falls, heads for worst week in a month

The yellow metal has had a rough week . Its price fell for a seventh day in a row on Friday. Gold futures were trading at USD 1,362 per ounce, which is almost 28% down from its September 2011 high of USD 1920. "People's opinion on gold have formed ...

Investors are not too bullish on the price of gold rising, despite the recent drop. Credit Suisse Group AG conducted a poll on the price of gold and the response of the participants gleamed that the commodity has the worst outlook for the coming 12 ...

MUMBAI: Dedicated exchanged traded mutual funds investing in gold ( gold ETF) have seen net outflows for the third month in a row. As per the data released by Association of Mutual Funds in India, the gold ETFs have seen net inflows of Rs 36 crore ...

May 16 (Bloomberg) -- Gold demand dropped 13 percent to the lowest in three years in the first quarter as record exchange- traded product sales by investors outweighed a surge in buying from China and India, the World Gold Council said. Global ...

NEW YORK -- The price of gold fell for a sixth day after billionaire investor George Soros cut his holdings in the precious metal.June gold fell $9.30, or 0.7 percent, to $1,386.90 an ounce.Soros disclosed in a regulatory filing late Wednesday that ...

Gold will likely drop as prices dropped in the global market on fears that it is not safe to invest in the precious metal. Investors are also cutting their holdings in exchange-traded funds with as much as 100 tonnes drop this month. It is for the first time ...

New York - Gold remains below $1,400 as the US dollar rally made commodity prices dive this week. Investors keep an eye on equities which are hitting all-time highs and shaking the safe-haven status of bullion. Credit Suisse published a bearish ...

In mid-April, a black swan crash-landed on the gold market. Over just two trading days, gold futures prices shed 13%, falling from $1,575 to $1,375. That $200 cliff dive was the largest two-day drop in 33 years. Gold prices already had been in ...

Among investors, collectors and speculators, no investment seems to generate as much discussion as gold … especially since its mid-April sell-off and the beating it's suffered during the past seven trading days that's brought it to its current ...