Green (back) Day: Holiday

The Gustav-fed $1.60 rise in crude oil earlier on Friday proved insufficient to prop gold prices up during their final August session. The same stronger US dollar that derailed commodities as of mid-July undermined progress in bullion today and pushed prices to under $830 and basically negated the w... Aug 29, 2008 3:16PM

You Can't Fight in Here! This is the War Room!

Overnight gold trading kept prices within a $10 range of from $830 to $840 but early morning action was trending towards lower values despite a mild drop in the dollar and a Gustav-fed $1 rise in crude oil. Gustav is threatening the Gulf's oil installations and it might possibly put New Orleans... Aug 29, 2008 9:52AM

Oil prices and US personal spending expectations move the dollar

The dollar not succeeds to hold the gains by the US session cause by the fall of oil prices. At the same time speculations about the situation in US personal spending report support the dollar. Aug 29, 2008 1:15AM

Sex Sells

Yet another day where the operative word became 'make the money and run' in gold. Bullion prices gave up a near $20 gain and fell back from $845 to near $825 after oil prices reversed course and headed down to $114 (later back to near $116) as energy traders revalued the threat posed by Hu... Aug 28, 2008 5:26PM