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521.

PRECIOUS METALS: Gold Rallies on Weak Dollar, Higher Energy Costs; Silver Gains
Gold rose to the highest level near $929 an ounce on Wednesday as surging oil prices and a weakening dollar boosted demand for the metal as a hedge against inflation. Silver also gained.
21 May 2008

522.

Centene shares rise, Goldman lifts price target
Shares of Centene Corp. rose Wednesday, as a Goldman Sachs analyst lifted his earnings estimates and price target on the Medicaid managed care provider to account for the company's latest contract win.
21 May 2008

523.

Medtronic shares rise following Goldman upgrade
Shares of Medtronic Inc. rose Wednesday after the medical device maker's adjusted fourth-quarter profit beat Wall Street estimates and Goldman Sachs upgraded the stock to "Buy" from "Neutral.
21 May 2008

524.

Closing Glance: Gold mining shares close mixed
Shares of gold mining companies closed mixed Wednesday despite a jump in the price of the precious metal in U.S. trading. Gold for June delivery rose $8.40 to settle at $927.50 an ounce on the New York Mercantile Exchange, after earlier reaching a one-month high of $931.10. Though gold and oil don't always rise together, analysts said the surging price of oil, which passed a record $133 a barrel Wednesday, brought a wave of investors into the metals market.
21 May 2008

525.

S&P names Martin Goldberg senior director
Standard & Poor's said Wednesday it named Martin Goldberg senior director in the ratings agency's quantitative analytics research group, heading up a new independent model quality review group.
21 May 2008

526.

Flammable Fund Follies
Crude oil's seemingly endless surge continued to fuel dollar selling and additional buying of gold during the midweek session. If ever there was an oil-dominated trading day, today was it as far as gold was concerned. Trading
21 May 2008

527.

Opening Glance: Gold mining shares open higher
Shares of gold mining companies opened higher Wednesday as the price of the precious metal increased in European trading. Gold traded at $921.70 per troy ounce, up $1.50 in morning trading on the New York Mercantile Exchange.
21 May 2008

528.

O I L (Official Intervention Likely?)
Crude oil's seemingly endless surge continued to fuel dollar selling and additional buying of gold overnight, and the metal tested near-term resistance at $927 with success. Long-range oil futures approached $140 per barrel as
21 May 2008

529.

Gold demand in Q1 five year low – Vietnam becomes the largest retail investor
High prices continue to hit tonnage, but value during the first quarter was at close to record levels. Supplies fell sharply quarter-on-quarter, as mine de-hedging more than offset an increase in scrap.
21 May 2008

530.

US dollar down in Europe
The U.S. dollar was mostly lower against other major currencies in European trading Wednesday morning. Gold rose. The euro traded at $1.5733, up from $1.5669 late Tuesday in New York.
21 May 2008

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