Gold Articles
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151. Weighed on by the Dollar!
Gold can\'t seem to catch its breath as it is sinking further on speculations that the Feds will stop the series of interest rate cuts. The metal is trading near a three month low after it dipped just below the $870 level for the first time since Jan 22. An alternative investment? I don\'t think so! N...
30 Apr 2008
152. Fundamental analysis for precious metals gold - 4/30/2008
The shiny metal retreated yesterday in a strong downside movement which was full in a negative momentum, the thing that helped the gold to breach the strong support level at 886.08, reaching to the lowest point around the critical point at 867.93; technical indicators still ...
30 Apr 2008
153. Commodity News Center. Com Market Summary
Gold closed at its lowest level since January, with the June contract settling $18.70 higher at $876.80 an ounce. Speculation that the Federal Reserve will cut rates one final time sent the U.S. dollar .5-percent higher at 72.91. The metals markets reacted to the move in the dollar by trending lower on the day. July silver settled 48.3 cents lower at $16.64 an ounce.
29 Apr 2008
154. Gold futures Fall Sharply on Dollar, Oil Declines
Gold futures fell sharply Tuesday, as the U.S. dollar strengthened against major currencies and declining oil prices pressured investment demand for the precious metal.
29 Apr 2008
155. Goldman analyst adds XL to list of recommended stocks
A Goldman Sachs analyst added XL Capital Ltd. to a list of recommended stocks on Tuesday, saying the shares have potential even in a worst-case scenario.
29 Apr 2008
156. 24
Gold prices tripped and fell sharply on Tuesday, as anticipation about the Fed meeting's eventual results turned into apprehension that the massive slide in rates seen since September will not only come to an end shortly, but will likely
29 Apr 2008
157. Gold futures dive as dollar strengthens, crude oil retreats
Gold futures plunged to a four-month low Tuesday after a stronger dollar and a drop in crude prices fed selling of the metal traditionally viewed as a hedge against inflation.
29 Apr 2008
158. 4 dead in 2 Gold Fields Ltd. gold mining accidents
Gold Fields Ltd., a South Africa-based gold-mining company, said Tuesday four workers died in two underground mining accidents. Three workers died early Tuesday at the Driefontein gold mine in an accident that also left two workers injured, one seriously enough to require hospitalization.
29 Apr 2008
159. Fed Fear Factor
Gold prices tripped and fell overnight, as anticipation about the Fed meeting's eventual results turned into apprehension that the massive slide in rates seen since September will not only come to an end shortly, but will likely be partially
29 Apr 2008
160. Gold Investments Market Update
Gold was up $5.70 to $892.90 per ounce in trading in New York yesterday and silver was up 17 cents to $17.02 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $886.00, £447.50 and €569.23 (from $892.25, £449.04 and €569.36).
29 Apr 2008
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