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Gold prices went on a vertiginous roller-coaster ride on Friday, rising at the start of the session, dropping in a mid-morning free-fall, and then recovering in the early afternoon. The large drop, to $869, was seen despite a dollar that (Today 6:10 PM EST)
Mr. Rogers' Neighborhood
Gold prices picked up a few additional dollars of value overnight as the crude oil market spiraled out of control reaching as high as $125.50 per barrel. The bullion price drew closer to $890 as this year's fairly lackluster Indian festival (Today 1:07 PM EST)
Gold Investments Market Update
A firm note tracked the Gold price overnight and it is currently $888.90. Closing above $880 adds to that positive tone and the next resistance level stands at $897. The London AM Gold Fix at 1030 GMT this morning was at $887.25, £453.906 and €573.604 (from $872.25, £445.48 and €568.61 yesterday). (Today 8:39 AM EST)
Mining Company Risk
In last week's column we discussed some risks associated with the junior mining sector. In this week’s article it is important to recognize what has just been reported about mining operations in Venezuela, an article posted on (Today 7:19 AM EST)
Rice Price Dice
Gold prices rose more than 1.5% for the second time this week, as the dollar came off its high against the euro following the ECB's decision to stand pat on interest rates. As expected, strong anti-inflation jawboning was present in the (May 08, 2008 3:39PM)
Gold Investments Market Update
Gold traded around the $870.00 mark overnight with silver tracking movements around the $16.60 level. The London AM Gold Fix at 1030 GMT this morning was at $872.25, £445.48 and €568.61 (from $878.00, £446.38 and €565.25 yesterday). (May 08, 2008 10:06AM)
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