Gold Headlines

Dow drops 200 points in volatile trading, Apple slides 1%

ECB addresses stronger euro, says it will ‘carefully monitor’ exchange rate

ECB's Lagarde says bank watching euro closely

Weekly jobless claims miss estimates as employment gains taper

Gold/Silver Ratio: Slowly I Toined…

Euro edges higher on ECB day, all eyes on inflation comments

ECB to take aim at strong euro with hints of more stimulus

Gold ETF holdings at fresh all-time high

"Year-to-date global net inflows of 938t (US$51.2 billion) have taken collective gold ETF holdings to a fresh new all-time high of 3,824t and AUM [assets under management] of US$241 billion," the council said. The gold price also hit a record high during August of $2,067 per ounce. "As equities continued to climb to new all-time highs, interest rates rose and yield curves steepened, investor positioning in the gold market consolidated later in the month and the gold price ended the…

Gold at one-week high on weak dollar; ECB meet in focus (Reuters)

The ECB is all but certain to keep policy unchanged when it announces its decision, which will then be followed by a news conference by its President Christine Lagarde. Major central banks have rolled out unprecedented stimulus measures and kept interest rates low, driving gold to new highs because of its role as a hedge against inflation and currency debasement. “Ample money supply, lower interest rates and macro uncertainty should support gold investment,” ANZ analysts said in a note…

The ECB Eyes Fed’s Inflation Blueprint; Another Gold Rally Coming?