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441.

AngloGold plans big investment in Ghana gold despite rampant illegal mining
Illegal miners in Ghana might be celebrating at government's announcement that it will no longer provide military security to mining companies in the country, but AngloGold Ashanti doesn't ppear too worried. Instead, it will be spending over US$200 million to boost its mining operations there.
20 May 2008

442.

Commodity News Center.Com Market Summary
Crude oil closed at a fresh all-time high, with the June contract settling 76 cents higher at $127.05 a barrel. Smaller than expected build in U.S. crude oil inventories last week and strong demand from China continues to send crude to record levels. The US EIA reported last week that U.S. crude oil inventories rose by 200,000 barrels in the week ending May 9. The build in inventories was less ...
19 May 2008

443.

Divers find combined gold toothpick, earwax spoon
Experts found a tiny gold combined toothpick and earwax spoon, believed to be more than 385 years old, during the search for a shipwrecked Spanish galleon off the Florida Keys.
19 May 2008

444.

PRECIOUS METALS: Gold Surges to Highest Peak in a Month
Gold futures rose to the highest level in almost three weeks on Monday as surging energy costs boosted demand for the precious metal as a hedge against inflation.
19 May 2008

445.

Poor Prospects for Poor Man's Gold
The bulls retained the upper hand in the gold market on Monday - but only by a hair - as the US dollar turned higher on the back of the leading economic indicators figures. This, after it fell to a two-week low ahead of the economic
19 May 2008

446.

U.S. Still Sneezing
The bulls retained the upper hand in the gold market overnight as the US dollar fell to a two-week low ahead of economic data due this week. As prices firmed, demand in India dipped once again and local prices went to a discount as
19 May 2008

447.

Opening Glance: Gold miners mixed
Shares of gold mining companies were mixed in morning trading Monday as the price of the metal rose and the value of the U.S. dollar slipped. Gold traded in London at $908.75 per troy ounce, up from $904.00 late Friday. The euro traded at $1.5609, up from $1.5584 late Friday in New York.
19 May 2008

448.

Ken Goldstein, labor economist at The Conference Board
Dow Jones - "The data certainly reflect a weak economy but not one in recession. The small increases in the leading index in both March and again in april could be a signal that the economy may not weaken further."
19 May 2008

449.

Gold Investments Market Update
Gold was up $20 to $898.40 on Friday and silver was up 28 cents to $16.90. Gold started the week with the rally continuing in Asia and has risen in early trading in Europe to over $910 per ounce. Oil has weakened slightly but the dollar has also weakened slightly and this likely contributed to gold’s rally this morning.
19 May 2008

450.

Ahead of the Bell: Goldman Sachs upgrades chip sector
Investment bank Goldman Sachs raised its view on the U.S. semiconductor sector late Sunday to "Attractive" from "Neutral," telling investors the stocks will likely rise going into next year.
19 May 2008

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