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481.

US dollar down in Europe
The U.S. dollar was lower against other major currencies in European trading Friday morning. Gold fell. The euro traded at $1.5487, up from $1.5454 late Thursday in New York.
16 May 2008

482.

Big Q1 drop in gold hedge book, but end of dehedging in sight
The quarterly Fortis Hedging and Financial Gold report says the first quarter of 2008 saw a "huge" drop in gold hedging, but the market support from producer buybacks is coming to a close.
16 May 2008

483.

Global Q1 gold hedging falls 18%
Gold hedging has fallen 18% in the first quarter to 22 million ounces as gold price rises.
16 May 2008

484.

Gold Regains its Gloat.
Uncertainty concerning the outlook for the U.S economy rose back to the surface once more as the dollar weakened yesterday as data from the manufacturing sector in the United States further deteriorated, pointing to softened economic activity in the world's largest economy
16 May 2008

485.

Fundamental analysis for precious metals gold - 5/16/2008
Gold prices is still in a neutral area where a closing today above 885.00 will confirm an upside wave creating new shapes leading the metal to levels above 900 and possibly 930. The trading range is among the key support level at 845.00 and the key resistance level at 890.00. The general trend is to...
16 May 2008

486.

More bad news for Crystallex and Gold Reserve
Venezuela stops open-pits and gold mines.
16 May 2008

487.

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

488.

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

489.

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

490.

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

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