posted by
neorix
1314 days ago
in USD, Gold, Metals
In one of the previous essays I’ve drawn Readers’ attention to the fact that gold has now decisively broken above the $1,000 level, and that this profound action has important implications for all gold and silver investors.
posted by
milkyway
1314 days ago
in USD, Metals
Overall, the metals remain nervy, with the general uncertainty being exacerbated by fairly lacklustre turnover. The lack of direction has again been in evidence this morning, with an initial rally across the complex being eroded by dollar strengt
posted by
ezir
1317 days ago
in USD, Gold, Metals
Gold prices hit a record high in Europe on Tuesday, while platinum, palladium and silver rallied to multi-month peaks, as the dollar’s tumble to 13-month lows against the euro fuelled buying of the precious metals.
posted by
oBebzo
1318 days ago
in USD, Fundamental, Metals
Copper gained on Monday and aluminium rose to a near one-month high on the back of a weaker dollar and as a looming strike in Chile supported the prices.
posted by
Nica
1318 days ago
in USD, Gold, Metals
Gold, little changed in Asia, may decline as the dollar advanced against global currencies and some investors sold after the metal’s jump to a record last week.
posted by
deane
1320 days ago
in Gold, Metals, GDP
The G-20 meeting last week was hoped to be a watershed for the global economy. It was hoped that accepted that there has to be a global solution to the financial crisis that triggered the credit crunch and the worldwide recession.
posted by
camac
1320 days ago
in USD, Gold, Metals
Stocks of China's gold miners reached their daily limit soon after the Shanghai and Shenzhen bourses resumed trading on Friday, fuelled by record prices for the precious metal.
posted by
aranel
1321 days ago
in USD, Metals, Inflation
It's not surprising that investors who are interested in precious metals are continually looking for commentators who will provide them with short-term "calls" on the prices for precious metals. I generally resist playing that "game" -- for that
posted by
dhumbledore
1321 days ago
in Technical, Gold, Metals
After recording new record nominal highs on three consecutive days, gold appears to be taking a well earned breather. It has held steady above $1040.00/oz at the present time and looks set to record another higher weekly close and a historic reco
posted by
aranel
1322 days ago
in USD, Metals
Copper rallied to a three-week high today, while zinc hit a 15-month peak as extended losses in the US dollar and improved US data and strong earnings from Alcoa renewed bets for an economic recovery.
posted by
commodityblog
1322 days ago
in Fundamental, Agriculture, Metals
Copper prices jumped to the highest in six weeks. Protests against high prices for food, including rice, may again take place in Asia in 2010 .
posted by
dennis
1323 days ago
in USD, Metals
Copper was flat on Wednesday as Chinese holidays limited activity, with a weak dollar providing some support and demand concerns weighing on sentiment.