The price of gold in the fourth quarter will rise to an average of $1,875 per ounce, a nearly 15 percent increase from gold's closing price Friday, Barclays Capital said.
Gold prices jumped nearly 2 percent Monday on a plunging dollar and strong physical buying from India and China.
Gold rose more than 1 percent on Monday as the dollar fell versus the euro after France and Germany pledged to strike a proposal to recapitalize euro zone banks, while traders remained cautious ahead of further details of the plan.
Bank of America Corp will pay $11 million to ousted executives Joe Price and Sallie Krawcheck, a large payout at a time when banks face protests over pay but smaller than the eight-figure packages some executives received before the financial crisis.
Gold fell more than 1 percent on Friday as investors quickly sold to raise cash to cover margin calls in the lower equity markets after Fitch downgraded the credit ratings of Spain and Italy.
Gold prices busted a three-day winning streak Friday as fresh evidence of Eurozone instability piqued investors' desire for something safe and liquid.
Gold prices edged higher Thursday after the government reported surprisingly strong September hiring, but not strong enough to lower the nation's nominal unemployment rate.
Gold headed up Friday for its biggest weekly gain in a month as equities regained strength after fresh European efforts to resolve the debt crisis eased worries about a global recession, while purchases from jewelers offered additional support.
Gold prices booked two gains in a row Thursday and silver surged after the European Central Bank and Britain's central bank acted to protect the continent's staggering banks.
Platinum just finished plunging more than 22 percent from its late August level and the bottom has still not come into view.
Gold fell in choppy trade on Thursday after the European Central Bank held off flagging an imminent cut in interest rates, deflating an earlier rally in assets seen as higher risk, such as equities and the euro.
The arena floor of the tech marketplace is littered with the casualties of the ongoing tablet price wars, some of whom are merely bloodied while others, like the HP TouchPad, are down for the count. Despite the recent pricing capitulations of HTC and BlackBerry, who both lowered prices on their tablets - the Flyer and the Playbook, respectively - by as much as $200 apiece, some makers are resisting pressure to drop their prices.
Gold firmed in Europe on Thursday as a strong recovery in equity markets cut selling of the precious metal to cover losses elsewhere, and as physical buyers took advantage of lower prices to stock up.
Apple co-founder and former CEO Steve Jobs sadly passed away at the age of 56 on Wednesday night after a battle with pancreatic cancer.
Gold rose on Wednesday after dipping below $1,600 an ounce as stock markets appeared to have found their footing, but traders said the metal's correlation with volatile equities could trigger more selling.
iPhone 4S is $399 for the 64GB version. Will you buy?
Gold fell more than 1 percent on Wednesday, extending the previous day's hefty losses, as rising equities diverted some interest from the precious metal, and as investors remained wary of buying into the market after its recent sharp volatility.
Instead of the highly-anticipated (understatement of the year) iPhone 5, Apple unveiled the iPhone 4S on Tuesday, which has left some disappointed, to say the least. Here are 25 features we hope the iPhone 5 will have, whenever it finally comes out.
Much to our dismay, Apple unveiled the iPhone 4S on Tuesday, an updated version of its fourth generation phone. But why not the sought-after iPhone 5?
Instead of the expected iPhone5, Apple has unveiled the iPhone 4S with a price tag of $199 set for an October 14 release date. While many were disappointed with the release of a sequel to the iPhone 4 during the Tuesday Let's Talk iPhone event in Cupertino, Calif., the iPhone4S, while aesthetically similar, has some great updates in features.
Ubiquiti Networks, a maker of wireless networking products, expects to sell 7 million common shares priced at $20-$22 apiece in a rare move to price an initial public offering in a sluggish market.
Gold prices fell Tuesday, along with other safe-haven investments, after the head of the Federal Reserve said the central bank was ready to do more to support economic activity.
