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141.

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

142.

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

143.

Ready to Pump Some Ironâ€¦
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

144.

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

145.

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

146.

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

147.

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

148.

Gold Investments Market Update
Gold was down $18.20 to $874.70 per ounce in trading in New York yesterday and silver was down 45 cents to $16.57 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $867.75 £440.77 and €557.72 (from $886.00, £447.50 and €569.23).
30 Apr 2008

149.

Don't Turn Blue
Fresh three-month lows of just above $860 were set in bullion prices overnight as decent physical offtake was negated by long liquidation ahead of today's Fed rate decision. A combination of weak euro zone sentiment and a greenback
30 Apr 2008

150.

US dollar down in Europe
The U.S. dollar was mostly lower against other major currencies in European trading Wednesday morning. Gold fell. The euro traded at $1.5546, down from $1.5564 late Tuesday in New York.
30 Apr 2008

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