Copper Rises to Record in London on Growth Outlook
Copper – Businessweek reports that Copper climbed to a record in London on speculation economic growth next year.
Articles Tagged "treasuries"
Copper Extends Rally
Copper – Bloomberg.com reports that Copper rose for the third straight day in New York.
U.S. copper trims losses after Fed easing statement
Copper – Reuters reports that U.S. copper futures trimmed losses as the dollar stumbled after the Federal Reserve said it would buy $600 billion of longer-term Treasuries by the end of the second quarter of 2011.
Gold slips, investors stay away before Fed outcome
Gold – Reuters reports On Wednesday, Gold inched down despite a weaker dollar as investors stayed on the sidelines before an expected U.S. Federal Reserve decision.
Gold Reacts and Mining Sector Benefits
Gold – Theaureport.com reports that gold is expected to double or more in price in the not-too-distant future.
Gold Price Readying For A Leg Up
Gold Investing News reports gold price is preparing to go up. History does repeat itself. Going by the historic pattern of the gold market in the ‘70s, gold is set to experience an upward resistance for 19 months after its recent peak. Gold’s recent peak was $1,014 in March ‘08, roughly 17 months ago. History tells [...]
Bernanke Stalls Gold Bulls
Gold Investing News reports gold steadied above $950.00 per ounce. Gold steadied above US$ 950 per ounce on Thursday as the US dollar stayed near a seven-week low against a basket of currencies marked the previous day, maintaining bullion’s allure as an alternative asset. Earlier this month, economic worries encouraged investors to buy the US [...]
Silver Takes Cues From Copper
Silver Investing News reports silver price rallied up to 27% ending in a high for this year. The price of silver has been buoyed up not only by stronger gold prices and a weakening dollar, but also from recent bullish copper prices. As an industrial metal, silver often takes cues from the base metal market [...]
Propitious conditions for gold
Gold Investing News reports gold prices fell slightly while the dollar strengthened. According to analysts, optimistic investors read many recent commodity price gains and positive economic readings as an end to the downturn and are starting to unload safe-haven gold. What added to the melee was a firmer dollar, that also weighed on gold prices. [...]
G20 And The Search For New Gold
Gold Investing News reports gold has a challenging year ahead. A decision to sell gold requires the backing of 85 per cent of the IMF’s executive board, and the board representative from the U.S. need the approval of Congress to vote in favor of sales. Gold for immediate delivery traded at $911.77 an ounce in [...]
