Gold Articles
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101. Speculation + Manipulation = Intervention?
Gold prices turned lower overnight as the US dollar took another forward step on the index, bolstered by inflation combat comments from K.C. Fed Pres. Thomas Hoenig and by credit crisis related observations from the Treasury's
07 May 2008
102. US dollar up in Europe
The U.S. dollar was higher against other major currencies in European trading Wednesday morning. Gold fell. The euro traded at $1.5418, down from $1.5533 late Tuesday in New York.
07 May 2008
103. Fundamental analysis for precious metals gold - 5/7/2008
The shiny metal climbed to the upside yesterday after breaching the major level at 874.30 reaching to the major resistance level at 882.70 the highest point; when the US dollar gained back some of its strength the bullion retreated in the US session to close at 876.65; while toda...
07 May 2008
104. Commodity News Center. Com Market Summary
Cocoa closed 3.6-percent higher today, with the July contract settling $95 higher at $2,726 a metric ton. Spill-over strength from a surging CRB index, and weakness in the U.S. dollar was noted for the huge rally in cocoa today.
06 May 2008
105. AngloGold to Reduce Gold Hedge Book by 45%
New CEO Mark Cutifani is not all talk. After months of openly expressing his distaste for AngloGold's massive gold hedge book, he announced plans during the company's quarterly results presentation on Tuesday to sell $1.6 billion
06 May 2008
106. Hess shares rally to high after Goldman Sachs upgrade
Hess Corp. shares jumped to a new all-time high Tuesday after Goldman Sachs added the oil producer to a recommended list and credit ratings agency Fitch upgraded the company's debt ratings.
06 May 2008
107. Gold as the Crystal Ball
A third day of gains in values, albeit much more moderate than those seen on Monday, was in store for gold market participants today. New York spot trading reached a high near $884 while crude oil was making fresh headlines by
06 May 2008
108. PRECIOUS METALS: Gold Gains as Dollar Slides, Oil Nears $123
Gold futures rose for a third straight session after the dollar fell against the euro and oil surged to a new record above $122 a barrel, boosting the appeal of the precious metal as a hedge against inflation.
06 May 2008
109. Oil Peak
Overnight action in gold picked up on yesterday's gains in New York, and the market headed to near $881 before turning back as it bumped into resistance. While festival-related buying was seen in India ahead of tomorrow's auspicious
06 May 2008
110. Open Glance: Gold miners rise
Shares of gold mining companies opened higher Tuesday as the value of the U.S. dollar declined in European trading. The dollar fell against the euro as markets looked ahead to rate decisions from the European Central Bank and the Bank of England later in the week.
06 May 2008
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