posted by
ananais
1562 days ago
in Gold
Gold eased on Tuesday, extending the previous day's fall of almost 2%, while holdings held by SPDR Gold Trust hit a record as recent price falls lured investors. Gold was trading at $US894.40 an ounce, down $0.60 from New York's notional close on
posted by
skushno
1562 days ago
in Oil
Oil prices languished below $40 a barrel Tuesday in Asia even as investors looked to a massive U.S. stimulus package as a possible tonic for flagging crude demand.
posted by
PipWatCher
1563 days ago
in Gold, Metals
For me, now that traders appear poised to press the point in markets, whether Geithner is appointed Treasury Secretary of not, gold should still be able to extend further gains if it can get through $900.
posted by
jirachi
1563 days ago
in Oil
Oil futures rose early Monday, boosted by hopes that the U.S. economic stimulus and bank rescue plans will revive the ailing economy. Crude oil for March delivery gained 62 cents to $40.77 a barrel in electronic trading on Globex
posted by
chezka
1563 days ago
in Gold
Gold futures fell Monday to below $910 an ounce as investors awaited the outcome of U.S. stimulus and bank aid plans. Gold for February delivery was last down $8.90, or 1%, at $905 an ounce in early North America electronic trading.
posted by
annie
1563 days ago
in USD, Gold, Trading Psychology
The U.S. dollar was down against other currencies in European trading Monday. Gold also fell.
posted by
jonell
1563 days ago
in Gold, Oil
Crude oil prices rose on Monday while gold dipped below the $900 level and base metals were mixed amid cautious trading, as dealers awaited news of progress for president Obama’s $827bn stimulus package for the US economy.
posted by
jasumine
1563 days ago
in USD, Metals
Gold prices fell by more than one percent Monday as a stronger dollar limited profit taking amid hopes of a US stimulus plan will boost the growth.
posted by
camac
1563 days ago
in Oil
Crude oil rose above $40 a barrel on speculation a U.S. stimulus plan will revive demand in the world’s largest energy consumer.
posted by
fahrell
1563 days ago
in Gold
The inventory at the SPDR Gold Shares ETF (NYSEArca:GLD) made another new all-time high last Thursday. What else is new? It was the ninth new high in the previous 13 days and the 12th new high in the previous 23 days.
posted by
tradingpip
1563 days ago
in Gold
Gold dipped 1 percent on Monday as hopes the Obama administration's stimulus plan will boost U.S. growth took the heat out of safe-haven buying, with a firmer dollar spurring profit-taking after recent near 4-month highs.
posted by
provision
1563 days ago
in Gold
Gold prices are set to jump towards $1,000 (678.8 pounds) an ounce and probably beyond to new records as droves of investors fearing financial instability and surging inflation pile into the precious metal.