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SINGAPORE, Jan 26 (Reuters) - Gold climbed towards a five-month high on Monday as an electoral win by Greece's anti-austerity party sparked fears of renewed instability in Europe, triggering safe-haven demand for bullion. FUNDAMENTALS * Spot gold ticked up 0.1 percent to $1,295.41 an ounce by 0030 GMT, while U.S. gold futures rose 0.2 percent. * Spot gold had hit a five-month high of $1,306.20 ...
Gold prices, which have been rising in the past few weeks due to safe haven demand, are likely to continue the upward momentum in the short term. But analysts say the prices are likely to correct in the medium term as fundaments are still bearish.
TRENTON — Some New Jersey lawmakers hope the tragic death of a newborn child in Pemberton Township will result in more awareness about the state’s Safe Haven law and efforts to expand the program.
Gold climbed above $1,300 an ounce to a fresh five-month high on Wednesday as a softer dollar, worries over the global economy and uncertainty over whether the European Central Bank (ECB) would announce stimulus measures fuelled safe-haven bids.
A newborn boy became the 22nd baby to be declared a “Safe Haven Baby” under an Iowa law that allows parents to hand over custody of infants less than two weeks old.
Financial volatility is on the rise globally as the gap between the bright-spot US and the gloomy China deepens, rendering markets erratic, spurring demand for ‘safe haven’ assets like US treasuries and gold.
The Swiss franc as a safe-haven currency On the surface, the Swiss franc’s status as a safe-haven currency sounds like it should spell security for the franc – but currencies are always exposed to market volatility, and the Swiss currency is no exception. Background on the Swiss euro peg The Eurozone’s economic misfortunes [...]
DES MOINES | State Department of Human Services officials said Wednesday that a newborn boy was brought to an Iowa health care facility on Jan. 12, marking the 22nd time the state’s safe haven procedures have been invoked since the law went into effect.
It's the 22nd time the law was used since going into effect.
Gold climbed above $1,300 an ounce on Wednesday for the first time since August as a softer dollar, worries over the global economy and hopes of stimulus measures from the European Central Bank (ECB) fuelled safe-haven bids. Financial markets have been nervous about the ECB policy meeting on Thursday, when the bank is widely expected to unveil a quantitative easing (QE) programme that is likely ...
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