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Gold Extend Gains on Speculation Dollar Rally May Stall

posted by pippinallnite 6 hours ago in USD, Gold, Metals made popular 16 minutes ago

Gold rose for the third straight day on speculation the dollar's rally against the euro may stall, boosting the appeal of the precious metal as an alternative investment. Silver also gained.  read more

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Gold Drops Below $800 an Ounce in Asia as Dollar Strengthens

posted by warrenbuffet 5 days ago in USD, Gold made popular 5 days ago

Gold tumbled below $800 an ounce in Asian trading as the dollar headed for its longest winning streak in more than two years, reducing the appeal of the metal as an alternative investment to U.S. assets.  read more

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Commodities: Though Hit Hard Recently, Bulls May Yet Return

posted by fxhottie 6 days ago in Gold, Oil, Agriculture made popular 5 days ago

Commodities were hit hard in July, and the sell-off has continued into August. Led by the energy complex, commodities reached extremely overbought conditions a month ago, and were due for an intermediate-term correction. Key commodities are near  read more

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Australian, N.Z. Dollars Strengthen as Commodity Prices rise

posted by MarcB 6 days ago in AUD, NZD, Gold made popular 6 days ago

The Australian and New Zealand dollars gained as prices of the commodities the two nations export increased and technical charts showed the currencies' recent losses have been overdone.  read more

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Gold Ends Eight-Session Losing Streak With 2% Gain

posted by supertrader 6 days ago in USD, Gold made popular 4 days ago

Gold surged on Wednesday and closed higher for the first time in nine sessions. December gold moved to $831.50 an ounce, up $16.90 for the session. The metal touched as high as $836.40 in mid-day trading. Gold has closed lower in each of the prev  read more

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Gold Rallies From Seven-Month Low

posted by nancypants 7 days ago in USD, Gold, Metals made popular 7 days ago

Gold rebounded in London as jewelry and investment demand revived after the price of the metal declined to a seven-month low. Platinum and silver also gained.  read more

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Gold May Extend Drop as Dollar Gains Against Euro

posted by pippinallnite 9 days ago in USD, EUR, Gold made popular 9 days ago

Gold may fall for a fifth straight week as the dollar strengthens against the euro, eroding the appeal of the precious metal as an alternative investment.  read more

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Oil, Gold Plummet: Time to Get Cautious About Dollar Bears

posted by ooogleemooglee 9 days ago in USD, Gold, Oil made popular 9 days ago

"Bad news from the Baku-Tbilisi-Ceyhan pipeline - an installation that may not normally draw much of your attention," writes Martin Vander Weyer in thye U.K.'s Telegraph, "but which is a throbbing artery of global energy supply, carrying vital oi  read more