Gold off two-week low, eye on US payrolls data INQ7 Business
SINGAPORE--Gold gained on Friday as bargain hunters resurfaced after its price dropped to a two-week low the previous day, but investors were careful about chasing the metal too strongly ahead of US payrolls data.
Metals - Gold slips as metal eyes lower levels after failing to hold 640 usd Sharewatch
At 4.16 pm, spot gold, which earlier hit a low of 625.20 usd an ounce, was quoted at 626.40 usd, down from the 631.35 usd level seen in late New York trade yesterday.
Gold ends higher after early loss, silver over $14 Reuters via Yahoo! Asia News
NEW YORK, Dec 7 (Reuters) - U.S. gold recovered from early losses to close higher on Thursday, while silver finished near its six-month high on strong demand from exchange-traded funds, as a decline in precious metals prices over the past two days prompted investors to bargain hunt.
Dollar Continues to Weaken While Gold Outperforms Key Currencies SeekingAlpha via Yahoo! Finance
Exchange Traded Gold submits: Most commentators have concluded that dollar weakness has been the main factor for the sharp revival in the spot gold price since its mid September low of $574 an ounce.
What’s wrong with gold? IAfrica South African Business News
Spot gold had fallen as much as $7.45/oz during early trade on Wednesday following Tuesday's fall on a stronger dollar in the US. One trader told I-Net on Tuesday that gold's failure to track the recent weaker dollar had made position holders nervous.
AFX UK Focus 2006-12-07 16:49 GMT: Metals - Gold slips as metal eyes lower levels after failing to hold 640 usd Interactive Investor
LONDON (AFX) - Gold edged lower, extending yesterday's falls, as the metal continued to show sluggishness after having failed to hold the 640 usd level earlier this week even in the face of dollar weakness.
UPDATE 3-Gold hits 2-week low on firm dollar; platinum drops The Forex Market
SINGAPORE, Dec 7 (Reuters) - Gold extended losses and hit its lowest level in two weeks on Thursday after the dollar strengthened on upbeat U.S. job growth data, raising fears of more sell-offs in coming days.
UPDATE 2-Gold hits 2-week low on firm dollar; platinum drops The Forex Market
SINGAPORE, Dec 7 (Reuters) - Gold extended losses and hit its lowest level in two weeks on Thursday after the dollar strengthened on upbeat U.S. job growth data, raising fears of more sell-off in coming days.
UPDATE 6-Gold tumbles on dollar rise, silver off 6-mth high The Forex Market
NEW YORK/LONDON, Dec 6 (Reuters) - Gold fell for the second straight day on Wednesday to a new one-week low, as a rebound in the dollar and fund selling dropped the precious metal to just above $630 an ounce.
Asian Metals Market Update for 7th December, 2006 GoldSeek.com
The short term rise in gold seems to be a boom to bust story and investors not yet been convinced about the rise. This week’s fall in not good for gold and silver in the short term and there could be further unless next week unless spot gold closes over $636.00 on Friday.

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