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Gold Archives

Toro! Toro! Toro!

After trying to climb back to near $935 per ounce, gold prices gave way and dropped back to near where they left off in New York on Monday. A low of $917.20 was once seen overnight and prices encountered some support more Jul 08, 2008 10:11AM

Gold Investments Market Update - Real and Genuine Concerns of Another Bear Stearns and Growing Systemic Risk

Gold finished trading in New York yesterday at $925.90, down $6 and silver fell to $17.85, down 43 cents. Gold then sold off somewhat in the New York Globex electronic market before rising again in Asian and early European trading to over $930 per ounce. A lessening likelihood of a military confronta... Jul 08, 2008 9:10AM

US dollar mixed in Europe

The U.S. dollar was mixed against other major currencies in European trading Tuesday morning. Gold rose. The euro traded at $1.5726, down from $1.5733 late Monday in New York. Jul 08, 2008 6:13AM

Fundamental analysis for precious metals gold - 7/8/2008

The metal was able to build a base to support it to the upside to reach the 918 level where it is represented by the 38.2% correctional level in the third stem of an Elliot wave in which four have already been completed and we now wait for the final one. The upside direction will be small and weak c... Jul 08, 2008 3:21AM

When the U.S. Sneezes...

As trading resumed for the week, bullion prices slid sharply lower, first aiming towards the $915 level following a more than four dollar drop in crude oil to near $141.00 a barrel. A buying-induced recovery before futures closing brought Jul 07, 2008 6:45PM

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