Dollar mostly lower, gold rises in Europe

The U.S. dollar was mostly lower against other major currencies in European trading Wednesday. Gold rose. The euro traded at $1.5872, up from $1.5793 late Tuesday in New York. Later, in midday New York trading, the euro fetched $1.5867. Jul 02, 2008 12:50PM

Gold Investments Market Update - Geopolitical Risk From U.S. and Israel Militarily Confronting Iran is Real

Gold surged to $942.80 in New York yesterday and was up $16.30 and silver closed at $18.20, up 78 cents. Gold has succumbed to profit taking with the dollar flat and oil prices down marginally ($141.30 per barrel ). However, geopolitical risk remains ever present and this should result in gold remai... Jul 02, 2008 8:07AM

Fundamental analysis for precious metals gold - 7/2/2008

A successful close above the $932.50 on the daily chart caused a positive trend allowing the metal to target the $983 per ounce level. We must see more closing above this level in order to maintain the upside trend. In the short term, it will remain fluctuating as gold has entered an over-bought are... Jul 02, 2008 3:21AM

PRECIOUS METALS: Gold Futures Hit 10-Week High on Iran Tensions

Gold futures gained on Tuesday to a 10-week high on speculation that increased tensions over Iran's nuclear program will boost investment demand for the precious metal as a hedge against inflation. Silver also gained while dollar dropped against international counterparts. Jul 01, 2008 5:48PM