Sentences with phrase «gold contract fell»

Not exact matches

Overall, the TSX gold sector led decliners as the June bullion futures contract fell US$ 63.50 to US$ 1,501.14 an ounce.

However, the ratio of gold standing for delivery — the process by which a futures contract can be settled for physical gold rather than cash — rose exponentially into early December and has since fallen significantly but remains at historically high levels: The standard COMEX response would be that the overwhelming majority of futures contracts are simply rolled over at expiration into a future month or settled in cash.

December gold futures, the most actively traded contract, fell 1 % on Friday to close at $ 1,274.20.

The 28 - year - old mutually terminated his contract with the Porcupines last week after falling out with the club's top hierarchy and was initially reported to be heading for Accra to conclude talks with Hearts of Oak, but Ashanti Gold and Aduana look set to hijack the move.

Many investors have talked about a «gold bubble» by arguing that gold prices are inflated because of inflation and the Fed's money policy and that once interest rates rise, the money supply will contract and gold will fall, but again, nobody can say with any reasonable accuracy what the fair value of gold at any given point is.

The February gold contract on the New York Mercantile Exchange fell $ 41.40 to US$ 1,193.60 an ounce, its lowest close since Aug. 3, 2010.

December gold futures, the most actively traded contract, fell 1 % on Friday to close at $ 1,274.20.