posted by
Leong
1345 days ago
in USD, Gold, Metals
There are some inflation fears out there driving the metals higher and the dollar lower. The gold/dollar relationship is perhaps the best gage of inflation, either real or anticipated.
posted by
GoldTatoo
1345 days ago
in Gold
Gold is trading at $998 as of 9:41am, London Time. Gold’s Pool-Position is 14% long, meaning that most Finotec clients are selling the precious metal.
posted by
pipOhoLic
1345 days ago
in Gold
Currently, GOLD has fallen just below this level but is constantly testing that mark and appears to be consolidating at the $1,000/oz mark.
posted by
Alex
1345 days ago
in Fundamental, Gold
In the second quarter of 2008, when it became clear that bankrupted financial institutions would be bailed out by the federal government, gold did a funny thing.
posted by
andes
1346 days ago
in USD, Gold
The spot price of gold will probably trade around $US1000 an ounce for a while, after coming within a whisker of historic highs, analysts say.
posted by
kimclaud
1347 days ago
in Gold
The highest price ever attained by the yellow metal was $1,030 per ounce in March 2008 as the global financial crisis took hold and investors sought a store of wealth.
posted by
moneymatters
1347 days ago
in USD, Gold
Gold, trading near an 18-month high in New York, may advance to a record before the end of the year as investors seek to hedge against a weaker dollar and possible inflation, a survey showed.
posted by
Dan
1347 days ago
in USD, Gold, Oil
Gold prices eased on Wednesday and slipped below the $1,000/oz mark after touching a high of $1,003/oz today.
posted by
Gimmy
1347 days ago
in Gold
Gold broke through the psychologically important $1,000-an-ounce level for the first time in 18 months yesterday (Tuesday) as the U.S. dollar slumped against key foreign currencies, exacerbating investor fears that loose fiscal and monetary polic
posted by
InvestorsChoice
1347 days ago
in USD, EUR, Gold
The dollar languished close to its 2009 low against the euro on Wednesday, weighed down by increased risk taking and speculation about its future role in global trade, analysts said.
posted by
ColdFire
1347 days ago
in Technical, Daily, Gold
Wednesday 9th September 2009Definitely the most important feature of yesterday's trading was gold crossing above the $1000.00/oz level for the first time since February touching an intraday high of $1007.70/oz.
posted by
AussieTrader
1347 days ago
in USD, AUD, Gold
The Australian dollar climbed to a one-year high on Wednesday, boosted by firm gold and commodity prices and a slumping U.S. dollar.