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511. PRECIOUS METALS: Gold Drops Most in Two Weeks, Dollar Gains
Gold fell the most in two weeks on Tuesday as the U.S. dollar rebounded against the euro, hindering the investment demand for the precious metal.
13 May 2008
512. Gold futures drop after dollar gains against euro
Gold prices fell sharply Tuesday after the dollar gained some muscle against the euro, weakening the appeal of precious metals as an inflation hedge. Other commodities traded mixed, with crude oil shooting to a new record near $127 a barrel and agriculture futures broadly falling.
13 May 2008
513. Silver Market Update - May 11
Silver’s corrective phase is believed to be complete, meaning that it is now in position to begin another major uptrend. In the last update, which was about 5 weeks ago, it was pointed out that silver was noticeably outperforming gold,
13 May 2008
514. Iamgold 1Q profit jumps on higher output, prices
Gold-mining company Iamgold Corp. said Tuesday its first-quarter earnings soared on higher production and higher selling prices. Net income for the three months ended March 31 climbed to $34.4 million, or 12 cents per share, compared with $11.3 million, or 4 cents per share, in the year-earlier quarter, the Toronto-based company said.
13 May 2008
515. Gold Market Update - May 11
Gold’s corrective phase is believed to be complete, meaning that it is now in position to begin another major uptrend. In the last update, which was about 5 weeks ago, we were looking for it to continue to react back to support in the
13 May 2008
516. The Best Commodities for Long-Term Growth
Many commodity prices have dropped sharply in the past few weeks. The main excuse: The dollar has rallied off its lows.
13 May 2008
517. Felix Mortus?
Precious metals traded lower overnight but remained largely range-bound even as the dollar picked up a few more point (to 73.17 on the index) and oil slipped closer to but maintained the $124 per barrel. Action continues to be subdued
13 May 2008
518. Gold Investments Market Update
Gold was down 80 cents to $883.90 yesterday but silver was up 36 cents to $17.16. The London AM Gold Fix at 1030 GMT this morning was at $877.00, £450.18 and €566.61 (from $887.25, £453.91 and €573.60 yesterday).
13 May 2008
519. Gold - the "green metal for the twentieth century"
Among the players in the gold market, perhaps central banks are not as important as we have thought – and the gold standard is nothing new.
13 May 2008
520. Outlook for gold and silver slightly weaker but pgms favoured
The London-based commodities research arm of French Bank Natixis reckons that the outlook for gold and silver, although generally positive, is muted in the near term while platinum and palladium should perform a little better.
13 May 2008
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