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Gold Archives

Riders On The Storm...

Gold gave up a promising early morning gain of 1.5% and pared it to only 0.25% by the early afternoon, despite a continuing (albeit not as large) rise in crude oil, and despite the still slipping dollar. For the third day, although recording small gains on the sessions, gold remains characterized b... Aug 27, 2008 3:24PM

Today's Forecast: Variable-to-Stormy

Shifting winds of various types created an amalgam of background conditions that pushed gold prices higher and the dollar lower overnight. Hurricane Gustav's winds were still unpredictable as regards their ultimate destination, but were of sufficient concern to raise oil prices back above $117 ... Aug 27, 2008 3:18PM

Dollar trades mixed, gold is flat in Europe

The U.S. dollar was mixed against other major currencies in European trading Wednesday. Gold was unchanged. The euro traded at $1.4691, up from $1.4650 late Tuesday in New York. In afternoon trading on Wednesday in New York, the euro fetched $1.4690. Aug 27, 2008 2:01PM

Gold Investments Market Update - Hurricane Gustav - Potentially Category 5 Hurricane Like Rita and Katrina

Gold finished trading in New York yesterday at $822.40, up $3.10 and silver was up 22 cents to $13.58. Gold and silver rallied in Asian and in early European trading this morning. Gold is trading at $832.30/832.70 per ounce (1100 GMT). Aug 27, 2008 9:55AM

Fundamental analysis for precious metals gold - 8/27/2008

The decline we expected to see yesterday happened yet the metal has reversed to enter an ascending channel on the intraday charts. The metal now stalls at the 50% fibonacci fan at 829.00 where a key resistance level is found above it at 838.20 where trading below the latter will continue the downsid... Aug 27, 2008 3:21AM

Obamanomics 101: Vox Populi

Well, gold tired to go into two directions at once today. Make that, three. First, the gold price break we had alluded in yesterday's article, materialized overnight and early this morning, and its primary catalyst came from Germany. Business confidence in the Eurozone's vital driver fell ... Aug 26, 2008 4:54PM

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