Articles Tagged "dollar"

Gold Drops As Dollar Rises

Bloomberg reported the fall of gold due to speculation that the Federal Reserve may ease stimulus measures, while the strenghtening of the dollar thrawted investment int he metal.

The Slow Days of Summer Ground Gold Prices

Gold is showing signs prices are well supported at the $1200 level, although a break above $1230 an ounce is needed to set the stages for much higher gains. But don’t expect much in the way of gains over the next several weeks as the seasonally slow summer doldrums drag on.

Gold Prices Sustainable or Bubble Waiting to Burst?

Many bullish analysts point to plenty of support for higher prices coming from safe-haven concerns. It’s these concerns, rather than pure supply/demand fundamentals, that have brought prices 13 percent higher in 2010, which gives many an eternal pessimist reason to warn the gold market may be experiencing a bubble waiting to burst.