Gold Investments Market Update A firm note tracked the Gold price overnight and it is currently $888.90. Closing above $880 adds to that positive tone and the next resistance level stands at $897. The London AM Gold Fix at 1030 GMT this morning was at $887.25, £453.906 and €573.604 (from $872.25, £445.48 and €568.61 yesterday). 09 May 2008
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Mining Company Risk In last week's column we discussed some risks associated with the junior mining sector. In this week’s article it is important to recognize what has just been reported about mining operations in Venezuela, an article posted on 09 May 2008
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Naoki Murakami, senior economist at Goldman Sachs Thomson Financial News - "A serious downtrend of residential investment took a breather, but fallout from the revived construction law continues to drag on the economy, given rises in inventories of construction goods and emerging labour adjustments in the related sectors." 09 May 2008
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The Gold Coming Back Today we have a different scene taking place; gold price is rising as well as oil both facing a dollar that has weakened. Since the beginning of the week, gold has been declining but only today wasthe yellow precious metal able tore-shine and see a rise in its price thanks to the decline of the doll... 09 May 2008
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Fundamental analysis for precious metals gold - 5/9/2008 Gold almost finished shaping a very close head and shoulder on the daily chart and should expand in an ascending channel that it had formed in the last four days, and might extend for a while till theshiny metal reaches above 930$ per ounce. The trading range is among the key support level at 865.00... 09 May 2008
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Commodity News Center. Com Market Summary Rice closed limit-up for the second straight day, with the July contract settling 75 cents higher at $22.35 per hundredweight. Myanmar's cyclone that devastated the region has reportedly damaged the country's main rice-growing region. Speculation that Myanmar will need to import rice sent rice limit-up on the session. 08 May 2008
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Adkins records opening song for 'Black Gold' TV series Trace Adkins, a former oil roughneck, has written and recorded a song called "Black Gold" that will open an upcoming truTV series of the same name. The show, which premieres 10 p.m. EDT June 18, follows three drilling crews in their quest for oil in West Texas. 08 May 2008
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Fremont General sells servicing rights to Goldman affiliate Fremont General Corp. said Thursday it is selling the servicing rights on its $12.2 billion home-loan portfolio to a Goldman Sachs & Co. affiliate, ending the once-vibrant mortgage lender's loan operations. 08 May 2008
Whoopi Goldberg will serve as host of the 2008 Tony Awards It will be Whoopi and Tony. Whoopi Goldberg will serve as host of the 2008 Tony Awards June 15 at Radio City Music Hall, the show's executive producers, Ricky Kirshner and Glenn Weiss, announced Thursday. 08 May 2008
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