GOLD: Biased To The Upside For A Run At 1,265.05.
GOLD: After rallying strongly higher on Tuesday, the commodity is now looking forward to recapturing its YTD high at 1,265.05 despite its price hesitation in today’s trading session.
Gold steady off 2-mth highs; economic woes support
Gold steadied off the two-month highs it hit earlier on Wednesday, when it broke above $1,250 an ounce for the first time since late June as concerns over the pace of U.S. economic growth prompted buying of the metal.
Commodity Prices — September 1st 2010
Commodity Prices for September 1st 2010.
CAN THE MARKETS CRASH?
In a word, not a chance in hell.Folks we’ve had three real crashes in the last 100 years. The odds of a 4th crash following right on the heels of the 3rd is minuscule.
Grain Market Analysis – 9/1/10
December corn futures closed down 1/4 cent at $4.41 1/4 yesterday. Prices closed nearer the session high yesterday. Good export demand and disappointing early U.S. corn yields from the harvested crop are bullish for the futures market. The corn m
Stocks, oil surge after strong manufacturing data
A manufacturing rebound in China and stronger-than-expected U.S. factory data spurred a jump in equity and commodity prices worldwide on Wednesday, helping start the month on a bright note after a gloomy August.
Nymex Platinum, Palladium lifted by dollar, gold, strike thr
Platinum and palladium prices are higher, boosted by a weaker U.S. dollar that normally supports all commodities, a trader says. The platinum group metals are also drawing spillover support from gold, which is within striking distance of the reco
Copper gains in London and Shanghai on PMI data
Copper prices rose 1.3 percent in Shanghai early on Wednesday, and London metal reversed early losses, buoyed by optimism about China's manufacturing base after a positive purchasing manager report
Copper bounces, but still down
Copper trimmed earlier losses on Tuesday after US consumer confidence data showed a modest rise in August but failed to press higher on the back of persistent nervousness over the pace of global economic recovery.
Gold Keeps Climbing As Double-Dip Feared
The price of gold hit a two-month high and sterling fell against the dollar yesterday as investors piled into safe haven assets amid fears the US could slide back into recession.
Oil sinks on US recovery fears
Oil prices plummeted on Tuesday for the second consecutive day as investors fretted over the pace of the US economic recovery and growing oil inventories.
Questions Arise About GLD Gold Trust
In an interview last week on Canada’s Business News Network (www.bnn.ca), Jason Touissant, managing director of the GLD gold exchange traded trust, admitted that he owns some physical gold and shares of gold mining companies.


