Gold Articles
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611. Gold Investments Market Update
Gold was up $5.70 to $892.90 per ounce in trading in New York yesterday and silver was up 17 cents to $17.02 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $886.00, £447.50 and €569.23 (from $892.25, £449.04 and €569.36).
29 Apr 2008
612. Fundamental analysis for precious metals gold - 4/29/2008
The Shiny metal rose yesterday in a slight upside movement after creating a base around the key support level at 882.70 in the past week; due to that, we expect the bullion will escalate in the upside targeting 910.00 levels after the formation of some positive signals. The trading range for today i...
29 Apr 2008
613. The Feds will Determine the Trend
It seems that investors are slowly turning their back on the yellow metal as an alternative investment for the dollar as they all await the decision of the Feds tomorrow. The metal slipped to trade at the $890.90s per ounce level as it is getting no support what so ever from the high oil. The curren...
29 Apr 2008
614. Commodity News Center. Com Market Summary
Gold closed .7-percent higher Monday, with the June contract settling $5.80 cents higher at $895.50 an ounce. Spill-over strength from climbing energy prices and the falling dollar increases the appeal of precious metals as a hedge against inflation.
28 Apr 2008
615. Canadian gold miner Iamgold gets $140 million line of credit
Iamgold Corp., a Canadian gold-mining company, said Monday it obtained a $140 million, five-year revolving credit facility with a bank syndicate. The company said the senior secured line of credit would help it double its gold production and cut cash costs in the next five years.
28 Apr 2008
616. PRECIOUS METALS: Gold Soars as Record Crude Offset Inflation Woes
Gold futures rose on Monday after crude-oil contract hit a new record, raising the appeal of precious metals as a hedge against inflation.
28 Apr 2008
617. Poor Man's Gold Shows Poor Fundamentals
Gold prices meandered within a ten dollar channel on Monday but worked hard to maintain gains in the wake of once again record values in crude oil ($119.93) following a UK pipeline shutdown and an attack on oil facilities in Nigeria. Black
28 Apr 2008
618. Rocmec Works Gold Prospects in Peru & Quebec
Rocmec Mining [TSX-V:RMI] is moving forward with plans aimed at acquiring and brining into production six mining concessions outside of Arequipa, Peru as it continues to define and delineate gold resources at its Rocmec 1 property
28 Apr 2008
619. Roll the Rate Dice
Gold prices worked within an extremely narrow six-dollar channel overnight but worked hard in the wake of once again record values in crude oil ($119.93) following a UK pipeline shutdown and an attack on oil facilities in Nigeria. Black
28 Apr 2008
620. US dollar lower in Europe
The U.S. dollar was lower against other major currencies in European trading Monday morning. Gold rose. The euro traded at $1.5686, up from $1.5635 late Friday in New York.
28 Apr 2008
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