Safe-haven buying sent gold futures to two-month highs as the U.S. dollar weakened after government reports showed declining industrial production and a shunning by foreign investors of all types of U.S. assets except for Treasury debt.
Most-active February gold rose $16, or nearly 2%, to settle at $836.50 an ounce on the Comex division of the New York Mercantile Exchange. The contract hit $843.70, its highest point since Oct. 16.
Gold futures gained on a weaker dollar.
SBS has excellent proven resources and they will not left in the ground, bec. BarrickGold is behind SBS.
15% up today and excellent move on the SBS station.
- Forums
- ASX - By Stock
- zara results inclusing 10m at 43gt gold
Safe-haven buying sent gold futures to two-month highs as the...
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online