Gold Articles
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191. Clouds Over Gold, Silver Lining for Automakers
A sixth day of losses in values was in the making for gold as the US dollar took a sizeable leap against the euro and as oil prices eased further. The greenback's largest gain in three weeks against the euro came on the heels of
24 Apr 2008
192. Gold Investments Market Update
Gold broke down from its range bound channel yesterday and quickly fell to support at $895-$900 as anticipated. Should gold fall below $900 we could again retest the support of the early April lows of $880. We expect strong support at these levels but there is a possibility that should gold close below $880 we could retest previous resistance at the 1980 nominal high of $850 per ounce.
24 Apr 2008
193. Losing More Grounds…
The yellow metal couldn\'t catch up with the record oil prices and as we saw a sharp decline yesterday, the metal continues to trade currently within narrow ranges. What was once believed that gold will soar back to the $1000 per ounce psychological level is now believed that over the next three mont...
24 Apr 2008
194. Fundamental analysis for precious metals gold - 4/24/2008
The Shiny metal retreated against the US dollar yesterday, in a sever dropping pattern due a negative momentum, which helped the bullion to break the critical level at 911.10 to reach the second support level at 896.67; yet some indicators are showing the possibility to move to the upside. ...
24 Apr 2008
195. Oil vigilantes are resurfacing in the Nymex oil pits
By Gary DorschIn the futures markets, crude oil is up 80% from a year ago, unleaded gasoline up 40% natural gas up 39%, Soybeans are up 83%, corn up 65%, wheat up 95%, sugar up 30%, Gold up 36%, and rough rice is 125% higher from a year ago
24 Apr 2008
196. Circuit City Advised Blockbuster Can't Finance Bid
Circuit City Stores Inc. has been advised that Blockbuster Inc. cannot complete its bid to acquire the electronics retailer due to the current difficult financing environment.
24 Apr 2008
197. Commodity News Center. Com Market Summary
Cocoa continued higher Tuesday, with the July contract settling $29 higher at $2,780 a metric ton. Unrest in Nigeria, the world's fifth-largest exporter, and strong global demand sent cocoa higher. Cocoa futures have gained over 25-percent over the past 2-weeks.
23 Apr 2008
198. PRECIOUS METALS: Gold, Silver Plunges as Dollar Gains
Gold futures fell sharply on Wednesday to its lowest level in almost three weeks as energy costs decline, coming under pressure as the dollar rose against most other major currencies.
23 Apr 2008
199. Shares of gold mining companies sink as metal's price drops
Shares of gold mining companies fell Wednesday after the price of the precious metal dropped to near $900 per ounce, well off last month's high above $1,000 per ounce.
23 Apr 2008
200. Freeport-McMoRan 1Q earns surge as demand lifts copper, gold
Freeport-McMoRan Copper & Gold Inc. reported record first-quarter profits on Wednesday, despite a drop in production, as worldwide demand pumped up copper and gold prices.
23 Apr 2008
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