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451. US dollar down in Europe
The U.S. dollar was down against other major currencies in European trading Monday morning. Gold traded higher. The euro traded at $1.5609, up from $1.5584 late Friday in New York.
19 May 2008
452. Fundamental analysis for precious metals gold - 5/19/2008
Gold started to climb since Friday getting back from a huge correction it made reached to below 850$, and it looks like that the metal will rise and shine again targeting above 950 in a new ascending channel.The trading range is among the key support level at 889.00 and the key resistance level at 9...
19 May 2008
453. The Safest of Investments!
Gold prices rose Friday as the dollar slumped against major currencies supported as well by the ongoing rise in oil prices as it hit another record high, while as the Asian session went by investors headed more towards gold driving it to set a three weeks high.The dollar suck against majors after a ...
19 May 2008
454. As Nevsun's Bisha gold mine progresses, Eritrea looks to more minerals development
Eritrea, in the Horn of Africa, is looking to award more new exploration licenses as the country's mineral potential opens up.
19 May 2008
455. CNC Commodities Weekly Wrap Up
Soybeans gained 1.5-percent this week, with the July contract settling 20 cents higher on the week at $13.78 a bushel. Speculation that the Argentine farmer strike would add pressure to an already tight U.S. supply kept prices higher. Improving corn plantings in the U.S. Midwest, however, capped any additional gains in the corn market.
17 May 2008
456. Gold ends the week over $900 again - platinum strong too
With the dollar falling, renewed strength is being seen in the gold market, while platinum strong in anticipation of bullish research report from Johnson Matthey
17 May 2008
457. Oil & Gold- Divorce, or Happy Reunion?
Gold prices picked up another 2.4% on Friday, as the dollar dropped quite a hefty amount, to 72.79 on the index. A $3.69 rise in crude oil during the day (to $127.82) was met with a correlated move in gold this time around. A
16 May 2008
458. PRECIOUS METALS: Gold Futures Close near $900 on Soaring Oil Prices, Silver Gains
Gold futures closed near $900 an ounce on Friday in New York, making it the highest gain for the contract in 10 weeks as energy costs surged to a record and the dollar weakened, boosting the appeal of the precious metal as a hedge against inflation.
16 May 2008
459. Oil Futures Soar to New Record $127.82 a barrel as Goldman Sachs Raises Forecast
Crude oil soared to a new record high on Friday above $127 a barrel, after Goldman Sachs significantly increased its projections for oil prices while trader's feared demand for distillate fuels from China will increase next month.
16 May 2008
460. Specialty drugs will benefit PBMs: Goldman analyst
Pharmacy benefit managers that have a strong footprint in specialty pharmaceuticals stand to benefit as drug spending in the area is expected to grow three times as much as other pharmaceuticals, according to a Goldman Sachs analyst.
16 May 2008
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