Gold Articles
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541. Gold futures surge on crude rally, weak dollar
Gold prices pushed higher for a fourth straight session Tuesday as another record-breaking crude rally and a weak dollar boosted buying of hard assets as a hedge against inflation.
20 May 2008
542. Closing Glance: Gold mining shares close higher
Shares of gold companies closed mostly higher Tuesday as the price of the precious metal gained in U.S. trading. Gold for June delivery jumped $14.40 to settle at $920.20 an ounce on the New York Mercantile Exchange, after earlier rising to $924.10, its highest since April 23.
20 May 2008
543. PRECIOUS METALS: Gold Soars above $920, Dollar Slumps; Silver Gains
Gold futures rose to the highest level in four weeks as a decline in the U.S. dollar and rising oil prices boosted the metal's appeal as an investment hedge. Silver gained more than 4 percent.
20 May 2008
544. Recession? What Recession?
Gold enjoyed a fourth day of gains on Tuesday, rising 1.5% to near the $925 test area we mentioned in yesterday's closing article. Following a forecast of $150 oil by billionaire fund manager Boone Pickens, black gold took to the
20 May 2008
545. Sector Snap: Gold-mining companies rising
Shares of gold-mining companies gained Tuesday after an analyst said the precious metal appeared set for benefit from tight supply and growing demand.
20 May 2008
546. Polyus Gold board to Review Gillford challenge, Kazimir offer
Independent director Lord Gillford effectively warns Polyus Board against potential asset stripping plan while emphasising his independence of the warring factions.
20 May 2008
547. Opening Glance: Gold mining shares open mostly up
Shares of gold companies open mostly higher Tuesday as the price of the precious metal gained in European trading. Gold traded in London at $907.00 per troy ounce, up from $902.40 late Monday.
20 May 2008
548. Dubai gold sales rose 17% in April
Dubai's gold jewellery sales rose 17% in April due to relatively stable gold prices and high demand from India.
20 May 2008
549. Gold Investments Market Update
Gold and silver continued their recent move up yesterday prior to a slight sell off. They have traded sideways to slightly up in Asia and early trade in Europe. Since last Thursday gold had soared by more than 5% and thus profit taking was to be expected. Similarly year to date gold is up nearly 9% (unlike most equity markets) and in the last 12 months gold is up 37% and thus corrections are healt...
20 May 2008
550. TGIETFs - What Would Gold Do Without Them?
Gold prices spent the overnight hours confined to a narrow range of from $902 to $910 although good buying was seen in VietNam ahead of the imposition of doubled import taxes on the metal. The move goes into effect today and is sure
20 May 2008
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