Gold Articles
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471. Commodity News Center. Com Market Summary
Crude oil closed modestly lower today, with the June contract settling 10 cents lower at $124.12 a barrel. Larger than expected build in U.S. natural gas inventories pulled crude lower after rallying $2 higher early in the session.
15 May 2008
472. Gold futures surge after initial crude rally
Gold prices shot up Thursday after crude oil surged early in the day, an inflationary move that fed buying of precious metals as safe, alternative investments.
15 May 2008
473. PRECIOUS METAL: Gold, Silver Rebound, Oil Gains
Gold futures closed with gains for the first time this week on speculation that higher energy costs and a weaker dollar will boost demand for the precious metal as a hedge against inflation.
15 May 2008
474. Gold futures surge after initial crude rally
Gold prices shot up Thursday after crude oil surged earlier in the day before retreating, an inflationary move that fed buying of precious metals as safe, alternative investments.
15 May 2008
475. Gold Investments Market Update
Gold was down $3.60 to $865.40 yesterday and silver was down 18 cents to $16.55. Gold traded flat in Asia and has risen marginally in early trading in Europe. While the dollar is down today, the dollar's short term bounce may continue and this could put further pressure on gold and result in further consolidation at these levels (the $850 to $890 range). But oil is up more than 0.5% again th...
15 May 2008
476. Bubble Bursting Blueprint?
Relatively quiet conditions dominated the overnight action in gold as it spent the time within the $860-$870 range following yesterday's dip to one-week lows. Light physical buying emerged and lent support to the metal, along with a turn
15 May 2008
477. No buyer for AngloGold's Morila stake
AngloGold wasn't able to find the right price for the first of its Mali assets up for sale.
15 May 2008
478. The shiny metal rose..
The yellow shiny metal inclined at the start of today's tradingas the dollar started to ease in front of other currencies whereas oil prices dropped.The yellow metal reached a high of $867.35 an ounce as a fast reaction to the dollar that weakened, knowing that these two have an inverse relation, as...
15 May 2008
479. AngloGold keeps 40% stake in Morila mine
AngloGold has decided not to sell its Morila mine in Mali to co-owner Randgold Resources.
15 May 2008
480. Fundamental analysis for precious metals gold - 5/15/2008
Gold prices is still in a neutral area as it did not confirm any movement above 874.00 or below 845.00 yet the technical indicators today are pointing higher as the metal seems to be oversold and it gathered some momentum towards the upside. The trading range is among the key support level at 845.00...
15 May 2008
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