Gold Articles
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131. PRECIOUS METALS: Gold Hits 4-Month Low, Other Metals Plunge
Gold futures fell to a four-month low on Thursday as the dollar gained against the euro and dampened the investment appeal of the precious metal.
01 May 2008
132. Timmins' Rain of Gold
As the helicopter circles the Lluvia de Oro mining site, deep within Mexico's Sierra Madre mountains, it's impossible not to feel a sense of history. Nestled in between 8,000 foot-high mountain peaks, Lluvia de Oro was the site of one
01 May 2008
133. Dollar mostly rises, gold falls in Europe
The U.S. dollar was mostly higher against other major currencies in European trading Thursday. Gold fell. The euro traded at $1.5449, down from $1.5642 late Wednesday in New York. Later, in midday New York trading, the euro fetched $1.5455.
01 May 2008
134. May Day, Mayday!
Last night, after the Fed's cut we asked just how long its effect might last on gold and the dollar. Evidently, it lasted about as long as cheap lipstick on a May prom date. After an encouraging attempt to regain composure and march over
01 May 2008
135. Merrill Looking to Hire Former Goldman Executive Kraus: Report
Merrill Lynch & Co is negotiating to hire the former head of Goldman Sachs' asset management division, Peter Kraus to a position overseeing strategy, according Bloomberg.
01 May 2008
136. Ready to Pump Some Iron…
The metal is ready to pump some iron and strengthen once again to incline after a two month decline taking it down from its record high at $1032 per ounce on March 17. Yesterday\'s cut was all that was needed to pull investors back into the commodities markets as a hedge against inflation. The Fed\'s ...
01 May 2008
137. Fundamental analysis for precious metals gold - 5/1/2008
The shiny metal retreated yesterday in the European session till it breached the major support level which falls on the Fibonacci 61.8% which is on the 874.68 level reaching as low as 860.32, the reversal movement helped the gold to climb once again and to...
01 May 2008
138. Commodity News Center. Com Market Summary
Crude oil slid nearly 2-percent today with the June contract settling $2.17 lower at $113.46 a barrel. A restart of BP's North Sea oil pipeline and a larger than expected build in crude inventories sent crude lower on the session. U.S. stockpiles of crude oil inventories climbed 3.85 million barrels to 319.9 million barrels week ending April 25, the U.S. Energy Information Administration...
30 Apr 2008
139. Gold Futures Soar after Fed Slashes Interest Rates
Gold futures rallied in electronic trading Wednesday, recovering losses from their decline in the regular session, after the Federal Reserve's announced its decision to cut the main U.S. interest rate by a quarter of a percentage point to 2 percent which boosted demand for the precious metal.
30 Apr 2008
140. The Cut That Wasn't
Fresh three-month lows of just above $860 were set in bullion prices today amid continued erosion in the commodities complex. Long liquidation ahead of today's Fed rate decision followed a combination of weak euro zone sentiment
30 Apr 2008
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