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Gold Archives

Is the Worst Over?

Oil prices realized their largest weekly drop in history from $145 a barrel down to $129 a barrel. That’s a $16-a-barrel drop. Oil prices are now down $18 a barrel from the July 11 high. Since last Friday, gasoline prices dropped about Jul 21, 2008 5:47PM

White Metals' Blues

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 over $2.75 and put a dent into the dollar, sending it to just under 72 on the index. Jul 21, 2008 4:33PM

PRECIOUS METALS: Gold futures gain as crude oil climbs

Gold futures ended higher on Monday as higher crude-oil prices boosted the demand for the precious metal as a hedge against inflation, while the dollar dropped. Jul 21, 2008 4:20PM

Dollar mostly lower, gold rises in Europe

The U.S. dollar was mostly lower against other major currencies in European trading Monday. Gold rose. The euro traded at $1.5870, up from $1.5869 late Friday in New York. Later, in midday trading in New York on Monday, the euro fetched $1.5868. Jul 21, 2008 12:26PM

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