Gold Articles
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401. Gold Investments Market Update - China Gold Demand Surges as Chinese Investors Diversify
Gold was down 1% ($9.50 to $918.10) but silver remained firm and closed marginally lower (down $0.06 to $17.92) and profit taking on oil's weakness was seen by many as the primary cause of yesterday's sell off. Gold traded sideways in Asia but has rallied in early trade in Europe. With increasing doubts about the sustainablity of the recent rebound of the dollar and of global stock ...
23 May 2008
402. US dollar down in Europe
The U.S. dollar was mostly lower against other major currencies in European trading Friday morning. Gold rose. The euro traded at $1.5718, up from $1.5699 late Thursday in New York.
23 May 2008
403. Correctional Movements?
The metal fell from a one-month high for a second consecutive day in a row as it is currently being traded at the $919 per ounce level. After flying the past couple of days on the back of surging crude prices to hit all time highs, the bullion now could be facing correctional movements as the appeal...
23 May 2008
404. Fundamental analysis for precious metals gold - 5/23/2008
Gold is still targeting the 950 yet since it was overbought, the metal declined to the 915 level where from there it would extend the fall to 907. However, the trend is still to the upside and it will reach its targets soon. The trading range is among the key support level at 907.00 and the key resi...
23 May 2008
405. Two Mile drilling gives positive gold intersections
The site of a modest open cut gold mine in the 1990s may well be the salvation for Troy Resources NL's mining operations at the Sandstone mining camp in the lower Murchison Goldfield of Western Australia, following results from a deep hole that gave wide gold intersections and scope for a larger target.
23 May 2008
406. AngloGold Ashanti finalises $1.7 billion rights offer
AngloGold Ashanti has closed a $1.7 billion rights offer for 71 million new shares.
23 May 2008
407. All fall down -- Polyus Gold board in recrimination, as share price drops
Independence of directors and Kazimir offer trigger infighting on the Polyus Board of Directors
22 May 2008
408. Closing Glance: Gold mining shares finish lower
Shares of gold mining companies mostly fell Thursday as the price of the precious metal declined in U.S. trading. Gold for June delivery dropped $10.30 to $918.30 an ounce on the New York Mercantile Exchange, its first drop in six sessions.
22 May 2008
409. Sell GLD, Buy GDX ?
Gold's midweek gains were partially given back on Thursday, as the greenback rallied from its lowest level in a month amid rising speculative bets the Fed will start raising interest rates by year-end, its current 'stand pat' signals
22 May 2008
410. PRECIOUS METALS: Gold, Silver Fall as Dollar Rebounds, Oil Drops
Gold futures ended sharply lower on Thursday, down from a one-month high as the dollar rose against other major currencies and crude oil dropped from a record, eroding the appeal of the precious metal as a hedge against inflation.
22 May 2008
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