Gold Articles
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321. Shop and Drop
Gold's midweek gains were undone in a hurry overnight as the roller-coaster pattern continued amid the standoff developing between the Fed and dollar bears. Depressed by a surging (up .64 to 73.87 on the index) US dollar and a
12 Jun 2008
322. Opening Glance: Gold-mining shares open lower
Shares of gold mining companies opened lower Thursday as the price of the metal fell in early U.S. trading. The price of gold on the New York Mercantile Exchange fell $17.80 to $861.90 per ounce.
12 Jun 2008
323. India - gold demand beginning to pick up as prices fall
The falling price of gold already seems to be having an impact in the vitally important Indian gold market.
12 Jun 2008
324. Gold Investments Market Update - Gold Remains Fringe and the Preserve of the Smart Money
Gold closed at $881.00 in New York and was up $13.20; silver closed at $16.84, up 27 cents. Gold has subsequently given up some of yesterday's gains and has fallen in Asia overnight and in early European trading this morning.
12 Jun 2008
325. US dollar down in Europe
The U.S. dollar was higher against other major currencies in European trading Thursday morning. Gold fell. The euro traded at $1.5431, down from $1.5571 late Wednesday in New York.
12 Jun 2008
326. The falling gold and the rising dollar...
Gold prices fell once again today as the dollar gained strongly against the euro and as crude prices decreased which eased indirectly the decline of the yellow metal prices. The precious metal recorded $881.70 an ounce and is no longer appealing to investors as it lost its role of a hedge against in...
12 Jun 2008
327. Fundamental analysis for precious metals gold - 6/12/2008
The shiny metal has done a very good correction maybe aiming higher today till 881, which if breached might open the way again to above 900. The metal might as well play in a narrow range between 864 and 895 for a while as it lacks the strong momentum these days to break one of the sides. We still f...
12 Jun 2008
328. Yo yo week for gold bullion
The gold price shot up to a 2-week high on Monday, before retreating again as the week wore on. Market watchers see possible further falls although they mostly consider the downside is limited.
12 Jun 2008
329. Closing Glance: Gold miners close higher
Shares of gold mining companies closed higher Wednesday as the price of the precious metal increased in U.S. trading. Gold for August delivery rose $11.60 to $882.80 an ounce on the New York Mercantile Exchange.
11 Jun 2008
330. Las Vegas Sands, cut from Goldman list, hits low
Shares of Las Vegas Sands Corp. hit a two-year low Wednesday after a Goldman Sachs analyst removed the casino operator from its list of recommended stocks.
11 Jun 2008
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