Copper rallies on weak dollar
Shanghai copper rose 3.5 percent on Friday, buoyed by a weak dollar, positive U.S. jobs data and hopes of economic recovery, despite weakness in copper consumption, analysts and traders said.
Gold and silver fall as dollar halts slide
Gold and silver fell Wednesday as the U.S. dollar rose from a five-month low against the euro after data showed the European economy shrank 2.5% in the first quarter.
Copper falls, stocks draw supports aluminium
Copper fell on Wednesday asconcerns about the outlook for demand persisted, but aluminium
found some support from the first stocks draw in six weeks.
Currencies and Metals Outlook for May 29, 2009
The dollar index has trended lower the past 5 weeks down to a 5-month low. The euro rose to a 4-3/4 month high, remaining above its former 4-month range of $1.25 to $1.38, while the dollar/yen remains in a 3-month range bounded by March’s 3-month
Inflation and the Rush to Precious Metals
I have been banging the drum so hard for precious metals that readers must know the drill by now. Government spending is out of control.
Copper slips from near 3-week high as USD weighs
Copper edged down from a near three-week high on Wednesday, as a firmer dollar offset rising equity markets and economic optimism following a jump in U.S. consumer confidence began to fade.
Commodities recap evening of 05-26-09
Gold faced stiff resistance at $960 an ounce and took a dip below $940 an ounce as dollar bounced back against the euro after last week's losses as investors started booking profits on higher-yielding currencies such as the euro.
Gold sector sees bullion buy-up
The gold sector has seen a boost over the last few trading days.
International Forecaster May 2009 - Gold, Silver, Economy
US Treasuries and gold have waged a silent fight for dominance in investors’ flight to safety over the past 22 months. Gold has been suppressed over that period by manipulation by the President’s “Working Group on Financial Markets,” via the US T
The Daily Resource 05/23/2009
Gold had a boring, if mildly positive, day on Friday, as many traders left their desks to get a jump on the Memorial Day weekend, locking the metal up in a tight range between $950 and $960, leading to a finish at $956.50/oz., up $2.60. For the w
Tumbling dollar boosts copper, demand doubts cap gains
Prices of industrial metals jumped on Friday as the dollar tumbled, but analysts doubt whether gains can be sustained given uncertainty about economic and demand growth prospects.
Gold gains and copper falls; data darken economic picture
Gold futures on Thursday flirted with two-month highs after another round of weak economic data added to bullion's appeal against riskier assets.


