Tag Archives: 13-Month

Gold Hits 13-month Top On Firm Euro As ECB Signals Rate Cut End

Manila: Gold climbed to a 13-month high on Friday before pulling back slightly, as the euro hovered near a three-week peak against the dollar after the European Central Bank signalled it was done reducing interest rates for now. After rolling out bold measures to boost the euro zone economies, including increased asset buying and a deeper cut to deposit rates, ... Read More »

Gold Holds Near 13-Month High Ahead of US Jobs Data

Manila: Gold edged lower on Friday, but was not far off a 13-month peak reached in the prior session when a weaker dollar and technical buying gave bullion its best day in two weeks. Investors are eyeing crucial U.S. nonfarm payrolls data due later in the day, where a strong reading for February could stall further gains in the precious ... Read More »