gold prices climb for first time in four days
Last Updated : GMT 13:26:10
Arab Today, arab today
Arab Today, arab today

Gold prices climb for first time in four days

Arab Today, arab today

Arab Today, arab today Gold prices climb for first time in four days

London - Arabstoday

Gold gained for the first time in four days in London as concern about Greece\'s debt crisis spurred demand for the metal as a protection of wealth. European Central Bank Executive Board member Juergen Stark said in an interview with Die Welt newspaper that he doesn\'t expect the international community to finance Greece further after July if the country doesn\'t implement its austerity plan. Gold touched $1,490.85 an ounce, the lowest level since May 20. \"We would not be surprised to see a pick-up in safe-haven interest in the short term,\" William Adams, an analyst at Basemetals.com in London, said today in a report. \"Given the uncertainty over Greece, we are surprised they have not attracted more safe-haven buying,\" he said, referring to gold and silver. Immediate-delivery gold gained $4.65, or 0.3 per cent, to $1,502.70 an ounce by 11:35am in London. Gold for August delivery was up 0.5 per cent at $1,503.30 an ounce on the Comex in New York. Bullion rose to $1,502.50 an ounce in the morning \"fixing\" in London, used by some mining companies to sell output, from $1,498 at Monday\'s afternoon fixing. Gold is up 5.8 per cent in 2011 after climbing the past 10 years, the longest run of gains in at least nine decades. Europe\'s debt crisis helped bullion reach a record $1,577.57 on May 2. Greek Prime Minister George Papandreou called on lawmakers to obey their \"patriotic conscience\" and back tougher austerity measures, as they began to debate a five-year budget plan on Monday. Failure to pass Papandreou\'s proposed €78 billion of cuts and asset sales may lead to the euro area\'s first sovereign default. Euro-region finance ministers are set to meet on July 3 in Brussels to advance a plan that is supposed to be approved at a follow-up meeting on July 11. A deal on the rollovers is necessary to get the new aid package passed, a condition for freeing up a €12 billion payment from the original bailout that Greece needs to meet bond maturities. Silver for immediate delivery rose 1.2 per cent to $33.9813 an ounce in London after Tuesday, dropping to $33.385, the lowest level since May 17. Palladium gained 1.3 per cent to $738.75 an ounce. It reached a five-week low of $721.75 on Tuesday. Platinum was up 1.1 per cent at $1,692.10 an ounce after yesterday dropping to a three-month low of $1,663.80.

arabstoday
arabstoday

GMT 03:39 2017 Friday ,24 November

European markets wobble amid US Thanksgiving holiday

GMT 22:09 2017 Thursday ,23 November

Bahrain Bourse daily trading performance

GMT 02:02 2017 Thursday ,23 November

Asian markets rally after Wall St lead, euro struggles

GMT 22:40 2017 Wednesday ,22 November

Bahrain Bourse daily trading performance

GMT 11:50 2017 Tuesday ,21 November

European stocks shrug off Germany's political woes

GMT 03:59 2017 Tuesday ,21 November

Weekly inflation decreases by 0.88%

GMT 23:50 2017 Monday ,20 November

Bahrain Bourse daily trading performance

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold prices climb for first time in four days gold prices climb for first time in four days

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold prices climb for first time in four days gold prices climb for first time in four days

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday