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341.

Analyst cuts estimates of Goldman, Lehman, Morgan
JPMorgan Chase & Co. analyst Kenneth Worthington became the latest to cut his fiscal second-quarter earnings estimates on investment banks Wednesday. Worthington joined multiple other analysts that have slashed forecasts in the past week on Goldman Sachs Group Inc., Lehman Brothers Holdings Inc. and Morgan Stanley ahead of the trio wrapping up their fiscal second quarters May 31.
28 May 2008

342.

Opening Glance: Gold-mining stocks open lower
Shares of gold companies mostly fell Wednesday as the price of the precious metal fell in European trading. Gold traded in London at $892 per troy ounce, down from $909.10 late Tuesday.
28 May 2008

343.

1923 and 1929 Avoided?
Sharp declines were seen across the board in precious metals overnight as the slump in crude oil continued to give the US dollar further breathing room to mount a rally to 72.60 on the index. The euro, which got dented following
28 May 2008

344.

Gold Investments Market Update - Demand for Gold as Inflation Hedge Surging in Emerging Markets
Gold’s sharp sell off yesterday (Gold closed at $907.40 down $18.60; Silver at $17.45 down 79 cents) has continued. Gold traded sideways in Asia before selling off again late in Asia and in early trading in Europe. Stock markets in Asia were mixed overnight but European markets have recovered from early losses and the FTSE is up nearly 0.5% in the session so far.
28 May 2008

345.

Battle for Polyus Gold moves to London -- Episode 2
The FSA investigation of Polyus Gold's affairs hears duck quacking.
28 May 2008

346.

Gold bullion hammered
Gold prices "may well have a washout below the $850/oz support level" â€“ Bank Credit Analyst.
28 May 2008

347.

US dollar mixed in Europe
The U.S. dollar was mixed against other major currencies in European trading Wednesday morning. Gold fell. The euro traded at $1.5680, down from $1.5704 late Tuesday in New York.
28 May 2008

348.

Gold steady ...
Today gold and oil remain steady after a sharp drop both commodities witnessed as the dollar gained against majors undergoing correctional movements.Gold was traded above $900 an ounce reaching a high of $908.30. Actually, the precious metal price is trading sideways with no specific trend seeing th...
28 May 2008

349.

Fundamental analysis for precious metals gold - 5/28/2008
The shiny metal has simply made the first level of a Fibonacci retracement for the last upside wave it made, adjusting indicators from a very overbought area to a neutral, and what it has to do now is to consolidate above 890 for a while gathering some momentum and preparing for a new wave that will...
28 May 2008

350.

Goldcorp bolsters its financial, professional commitment to Mt. Milligan
Originally discovered in the 1940s, Mt. Milligan may be finally be on its way to being approved, financed and constructed as British Columbia's next major copper-gold mine.
28 May 2008

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