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561.

PRECIOUS METALS: Gold Gains as Dollar Slides, Oil Nears $123
Gold futures rose for a third straight session after the dollar fell against the euro and oil surged to a new record above $122 a barrel, boosting the appeal of the precious metal as a hedge against inflation.
06 May 2008

562.

Oil Peak
Overnight action in gold picked up on yesterday's gains in New York, and the market headed to near $881 before turning back as it bumped into resistance. While festival-related buying was seen in India ahead of tomorrow's auspicious
06 May 2008

563.

Open Glance: Gold miners rise
Shares of gold mining companies opened higher Tuesday as the value of the U.S. dollar declined in European trading. The dollar fell against the euro as markets looked ahead to rate decisions from the European Central Bank and the Bank of England later in the week.
06 May 2008

564.

Barrick Gold swings to 1Q profit on high gold prices
Barrick Gold Corp., the world's largest gold-mining company, said Tuesday it swung to a profit in the first quarter on an unprecedented surge in the price of gold that offset lower volumes produced.
06 May 2008

565.

Still lucky !!
Today, we see a scenario in the markets similar to yesterday's as the shiny metal was able to appreciate on the back of the surging oil prices while the dollar is still experiencing a downfall.Gold remains lucky as the precious yellow metal inclined today being supported by the strong oil that is st...
06 May 2008

566.

Officials: Gold miners die in landslide in Indonesia
Officials say at least 13 illegal gold miners were killed in a landslide in Indonesia's remote Papua province. Nine other are reported missing and feared dead.
06 May 2008

567.

Fundamental analysis for precious metals gold - 5/6/2008
The bullion rose at yesterday trading session in a strong movement, after forming a solid base around key support level at 845.56 in last weeks trading, which pushed it to reach the strong resistance level at 874.00; though today we expect to see the shiny metal continuing to i...
06 May 2008

568.

Iamgold reaches labor pacts with workers at Niobec mine
Iamgold Corp., a gold-mining company, said Monday workers at its Niobec mine ratified two three-year labor agreements. The two collective agreements with the Canadian Auto Workers Union cover the 175 production and maintenance employees and 40 clerical and technical employees at the niobium operation near Chicoutimi, Quebec.
05 May 2008

569.

PRECIOUS METALS: Gold Rises as Dollar Falls Against Euro, Silver Gains
Gold futures rose on Monday, rebounding from posting losses in three consecutive weeks, as the dollar dropped against the euro and crude oil hit a new record.
05 May 2008

570.

Oil Fires Up Gold
A powerful rally in crude oil to a new record of $120.21 per barrel helped lift sagging spirits (and prices) in precious metals on Monday and helped gold prices advanced strongly, to within striking distance of $875. Gold was also
05 May 2008

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