
The new week started out on a firm note in the precious metals complex as a combination of geopolitics and weather boosted crude oil prices by nearly $2.50 and put a slight dent into the dollar. Approaching hurricanes Dolly and Jul 21, 2008 10:12AM
Gold finished trading in New York on Friday at $956.40, down $12.70 and silver fell 53 cents to 18.12. Gold traded sideways to slightly up in Asia before rising in early European trading by nearly 1%. Despite the very sharp fall in oil prices and other commodities last week, gold only fell by 0.2%.... Jul 21, 2008 9:58AM
Metals markets were largely calm during the overnight hours but gold continued to be exhibiting continuing dollar-strength related moderation and was not able to get above the $965 area by much (lows came near $954). The greenback Jul 18, 2008 10:15AM
Panic on Wall Street Is Building—Gold and Silver’s Role
Before getting into this missive, I would like to state that other silver commentators make a very strong case for silver being a metal that does well in good, prosperous times. I absolutely agree. If the world at large were gaining Jul 18, 2008 10:05AM