SUBSCRIBE TO FEED'Gold' Tag
-
Gold moving toward $1,200
August 6, 2010The price of gold is currently (August 5) just below $1,195 after it briefly touched $1,200 on August 4th. Gold prices have been on a rebound after more than a $100 downward correction from the all-time high in late June of $1,261. The gold spot rate hit $1,157 just over a week ago on July [...]
-
Gold prices remain below $1,200
July 24, 2010The price of gold remains flat below $1,200 and not much above its 60-day low of $1,180 in mid-morning New York trade. The current gold price spot rate in New York is $1,190.70 per ounce after a closing price of $1,194.50 on July 22nd. Though not far removed from its mid-June all time high price [...]
-
Gold below $1,200 despite US, dollar concerns
July 8, 2010It is a bit unusual, but gold prices are currently falling in line with US economic concerns, equity index drops, and dollar losses. Typically, gold is known as the ‘
-
Gold pull-back is halted at $1,190.00
May 19, 2010FXstreet.com (Barcelona) – Gold failed to maintain its dominant upside rally and gave up $1,200.00 mark on Wednesday, moving further down capped by $1,186.00. While the price picked up softly to the upside to end at $1,193.00, a minor downmove took the precious metal to currently stay at $1,191.00. Behind the bearish spike which erased [...]
-
Gold soars to new high on global concerns
May 14, 2010Growing concerns about the value of more risky investments in light of the economic crisis in much of Europe and continue issues in the US and other parts of the world have prompted another run up in gold prices. The early 2010 pullback in gold did not last long as gold pushed to a new [...]
-
Gold pendulum swings the price back over $1,100
March 30, 2010Gold prices have bandied about quite a bit in the last two months while maintaining a relatively modest range of less than $90. The high point for gold in the last 60 days was $1,139.60 per ounce at the start of March and the low point was $1,052.25 in early February. The current gold spot [...]
-
Australian Dollar Gets Boost in Forex Trading from Higher Gold Prices
March 17, 2010Aussie in currency trading on the FX market The Australian dollar is moving higher in forex trading today as gold prices gain. Gold prices are moving higher as the Fed expresses its belief that the labor market is stabilizing. The Aussie is following suit in currency trading on the FX market. The Australian dollar is [...]
-
Gold prices soar past $1,100
February 18, 2010Gold prices have been on the rebound in the last two weeks after touching a near-term low at price on February 5th of $1,052.25. With a current (February 17) gold spot rate of $1,114.70 per ounce, the commodity has increased in worth by over $60 in 12 days. Though down slightly from yesterday’
-
Boris tells the viewers of CNBC his outlook on the dollar
February 12, 2010What will happen to the future of gold and oil?
-
Gold and the Euro? I thought it was Gold and the Dollar?!
January 24, 2010Let me preface this post, by noting that I try to avoid writing about gold, since there are some many other excellent analysts out there writing about the subject. But when there is a such a strong overlap between gold and forex markets, well, I just can’t resist! Recently, gold prices have collapsed at virtually [...]
-
Gold price spikes as jobs disappoint
January 8, 2010Just when it appeared that the gold price was ready to reverse its long-running and fast-paced upward trend, speculators have begun to jump back in. After falling to a 60-day low of $1,080.50, the price of gold reached its highest point in just over a month at the close of New York trade on January [...]