Gold extends record high on US dollar weakness
Doubts about the pace of economic recovery hit Asian markets on Thursday, with Japanese stocks falling to a four-month low and theAustralian dollar down for a third day as a December interest rate hike no longer looked like a sure thing.
Gold inches down a day after topping $1,150
Gold edged down on Thursday, taking a breather after hitting a new record above $1,150 per ounce the previous day as inflation fears fuelled by stronger-than-expected U.S. consumer prices added to the already bullish mood.
Gold sets new all-time high on weak dollar
Gold futures on the COMEX Division of the New York Mercantile Exchange hit a new record high above 1,150 U.S. dollars on Wednesday as dollar weakened. Silver finished a little higher, but platinum dropped.
Gold Rush to Prevail on Demand, Low Rates, Weak Dollar
Wednesday was a good example. The metal rose to $1,141.20 an ounce, after swinging between $1,136 and a new high of $1,153.40. As gold tallied its eighth record session this month, stocks were treading water, with the Dow losing 11 to 10,424 and
Gold inches down a day after topping $1,150/oz
Gold edged down on Thursday, taking a breather after topping $1,150 per ounce the previous day to a new record on further weakness in the dollar and inflation fears fuelled by stronger-than-expected U.S. consumer prices.
Dollar mixed as gold rushes to new record
The dollar wobbled Wednesday as rising investor appetite for riskier assets pushed up the euro and fueled another record high for gold prices.
Gold, silver, copper hit new highs as dollar falls
Gold has hit another record, while silver and copper reached their highest levels in more than a year as investors continue to move out of dollars.
Gold extends record high on dollar weakness
Investors took profits after a U.S. dollar rally and the status quo view of low U.S. interest rates, plowing the cash into gold, which lurched to another record high on Wednesday.
Gold hits new high before decline to modest gain
Most metals prices were higher Wednesday as the US dollar weakened once again, but platinum and zinc prices both fell on the session.
Gold hits new high before ending at $1,141.20 oz
Gold on Wednesday finished up $1.80 at $1,141.20 an ounce, after hitting yet another record high above $1,150.00 during the session.
Commodity Prices — November 18th 2009
Commodity prices for November 18th 2009.
Morning Video Brief: Euro Up on Rally in Oil, Gold
The Euro and other higher yielders rose against the Dollar overnight as there was a rally in oil, gold and other commodities which extended to other higher-risk assets such as equities. However, the NY open saw some disappointing news from the ho


