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Safe-haven News

30 Mar 2015

Gold falls 1% as Yellen signals US rate hike on track

"Yellen`s latest comments might just change the course of gold and cause a downward movement in the price from hereon," said Howie Lee, analyst at Phillip Futures, who sees gold dropping to as low as $1,180.

23 Feb 2015

Gold near seven-week low on Greek debt deal, China holiday

Spot gold was little changed at $1,202.10 an ounce by 0225 GMT, after dropping to $1,197.95 in the previous session as safe-haven bids receded. The metal recorded its fourth straight weekly decline on Friday.

12 Feb 2015

Gold ticks up from five-week low as Greek debt drama unfolds

Spot gold fell to $1,216.45 an ounce, its lowest since Jan. 9, before recovering to trade up 0.1 percent at $1,220 by 0326 GMT.

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