InvestorsHub Logo
Followers 1888
Posts 117940
Boards Moderated 6
Alias Born 08/27/2003

Re: None

Monday, 10/13/2014 4:40:21 PM

Monday, October 13, 2014 4:40:21 PM

Post# of 640569
Gold ends higher on dollar drop, China growth prospects
Gold settled higher on Monday as the dollar fell on uncertainty about global economic growth, while the prospect of more economic stimulus from China also increased bullion's investment appeal.

Gold was on track for its fifth rise in the past six sessions after the dollar index fell on growth concerns and worries that the Federal Reserve may wait longer to hike U.S. interest rates. Last week, the greenback notched its biggest weekly loss in six months. http://www.cnbc.com/id/102081114

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.