Gold for August delivery, the most active contract, added $18.20, or 1.5%, to settle at $1,248.70 an ounce on the Comex division of the New York Mercantile Exchange. That left the June 8 record close of $1,245.60 as a distant memory. 6 Vote(s) Read More Gold hits record high US1,248
Posted in FX News | Tagged 248, gold, high, hits, record, us1
ECONOMISTS are tipping the Australian dollar could reach parity with the US about mid-year, but their forecast is being dampened by the threat of rate rises in the US. 7 Vote(s) Read More Dazzling Aussie dollar heading to US1
Posted in FX News | Tagged aussie, dazzling, dollar, heading, to, us1
Gold prices ended higher Friday as a late session rally driven by strong buying interest pushed the metal above the US$1,150-mark despite a stronger US dollar. 5 Vote(s) Read More Gold ends week above US1,150 despite stronger Dollar
Posted in FX News | Tagged 150, above, despite, dollar, ends, gold, stronger, us1, week
