
Take a Walk on the Bright Side
Overnight action in gold was on the quiet side after a couple of days of motion sickness-inducing ups and downs. The dollar held fairly steady at just above 72 on the index and near 1.585 versus the euro, but oil slipped another $1.25 to Jul 17, 2008 3:01PM
Gold prices followed crude oil to lower ground overnight but remained above support at $964 as the dollar failed to attract fresh buyers and as Iranian war rhetoric continued to be pumped into news feeds. Buyers in India remained on Jul 16, 2008 11:48AM
Nobody Expects the Spanish Inquisition!
Continuing nervousness about...well, everything, initially supported gold, and to a lesser extent, silver, today. Four-month highs were achieved in gold intra-day (near $989) as the dollar touched the 1.60 mark against the euro for the first Jul 15, 2008 2:50PM