PRECIOUS METALS: Gold Rises as Dollar Weakens, Oil Hits New Record

Gold futures gained in New York on Wednesday following weakness in the U.S. dollar and oil prices reached a new record, boosting the appeal of the precious metal as a hedge against inflation. Jul 02, 2008 3:57PM

The Gambler's Fallacy

After hitting resistance just above the $945 pivot point both yesterday as well as today, gold prices managed to head into slightly calmer waters but retained their small gains trading near $943 amid still rising crude oil prices and a Jul 02, 2008 2:40PM