Sailing Tips from Mr. Poole

As trading resumed in Asia overnight, bullion prices slid sharply lower, pointing towards the $915 level following a more than a two and a half dollar drop in crude oil to $142.75 a barrel, and amid still sluggish local demand from Jul 07, 2008 10:40AM

Gold Investments Market Update

Gold finished last week at $932.50 and was up $7.35 for the week. It has subsequently fallen in Asian and early European trading to below $921 per ounce. While the dollar is marginally higher, oil has fallen quite sharply and this has seen profit taking by gold traders. Traders appear to have had... Jul 07, 2008 9:32AM

Gold Investments Market Update - US Jobs Report Less than Expected; Based on BLS Statistical Assumptions

Gold was down $12.90 to $931.90 in New York yesterday and silver closed at $18.28, down 5 cents. Gold remained at these levels in Asia but has fallen near to yesterday’s lows in early trading in Europe. Oil has fallen marginally and the dollar is flat after yesterday’s strong gains. Yesterday gold ... Jul 04, 2008 8:25AM

Fire. Works. In Housing??

Thursday's pre-holiday price action in gold was dominated by busy profit-taking sales in the wake of the 25 bp ECB rate hike decision. Amid plenty of internal discord regarding the wisdom and consequences of the action, the ECB this Jul 03, 2008 3:26PM