Gold Articles
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621. Gold futures Fall Sharply on Dollar, Oil Declines
Gold futures fell sharply Tuesday, as the U.S. dollar strengthened against major currencies and declining oil prices pressured investment demand for the precious metal.
29 Apr 2008
622. Goldman analyst adds XL to list of recommended stocks
A Goldman Sachs analyst added XL Capital Ltd. to a list of recommended stocks on Tuesday, saying the shares have potential even in a worst-case scenario.
29 Apr 2008
623. 24
Gold prices tripped and fell sharply on Tuesday, as anticipation about the Fed meeting's eventual results turned into apprehension that the massive slide in rates seen since September will not only come to an end shortly, but will likely
29 Apr 2008
624. Gold futures dive as dollar strengthens, crude oil retreats
Gold futures plunged to a four-month low Tuesday after a stronger dollar and a drop in crude prices fed selling of the metal traditionally viewed as a hedge against inflation.
29 Apr 2008
625. 4 dead in 2 Gold Fields Ltd. gold mining accidents
Gold Fields Ltd., a South Africa-based gold-mining company, said Tuesday four workers died in two underground mining accidents. Three workers died early Tuesday at the Driefontein gold mine in an accident that also left two workers injured, one seriously enough to require hospitalization.
29 Apr 2008
626. Fed Fear Factor
Gold prices tripped and fell overnight, as anticipation about the Fed meeting's eventual results turned into apprehension that the massive slide in rates seen since September will not only come to an end shortly, but will likely be partially
29 Apr 2008
627. 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
628. 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
629. 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
630. 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
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