
The Good, The Bad, and The Really Ugly
Gold prices opened with a small $3.50 gain, quoted at $838 basis spot dealings. An otherwise robust 33-cent gain in silver to $11.18 has to be viewed in the context of the nearly dollar-and-a-half loss it sustained on Thursday. Platinum continued to suffer, dropping another $12 to $958 as the automo... Oct 03, 2008 10:29AM
Gold Investments Market Update - Savers Trusting Gold More Than Banks and Governments
Gold fell sharply yesterday on lower oil prices and the recently surging dollar, despite unprecedented physical demand for coins and bars in the UK, US and internationally (gold closed at $840.40 down $40.20 while silver closed at $11.57 down $1.04). Oct 03, 2008 9:21AM
Gold fell pretty hard on this day that was supposed to be more like a waiting period between storms. The best thing that can be said about today's washout is that: a) the breach of $825 did not take place, and b) that other markets fell just about as hard, and some, a lot harder. The ugly tally... Oct 02, 2008 4:57PM