Articles Tagged "greenback"

Gold Futures Are Little Changed

Bloomberg reports that Gold futures were little changed, erasing earlier gains, as the U.S. dollar rebounded from lows, making the metal less attractive as an alternative investment.

Gold Drops Most in a Week on Bets Dollar to Extend Rally

Bloomberg reports that Gold fell the most in a week on speculation that the dollar will extend a rally.

Gold May Climb on Speculation Weaker Dollar

Bloomberg reports that Gold may climb in New York on speculation a deal to rescue Ireland’s banks will curb a spread of the debt crisis.

Gold May Decline in New York on Increased China Reserve Ratios

Businessweek reports that Gold may decline in New York after China raised bank reserve ratios again, curbing demand for bullion.

AQM Copper Inc. Intercepts 184m of 0.53% Cu and 0.07 g/t Au

AQM Copper Inc. (CVE:AQM) announces more positive drill results from the Zafranal project.

Gold Price Takes a Beating with the Rest of the Markets

After hitting record highs of $1249 an ounce last week, gold has lost much of its May luster the past few days, dropping as low as $1174 an ounce in New York Thursday morning. While traditionally one would expect the precious metal to be trading up in such an environment, uncertainty across all markets remains high.

Gold Price Hits Record High: Further to Go?

After hitting an all-time record high, the price of gold edged back down Thursday. Precious metals analysts are blowing off the break as little more than a bit of profit-taking or a short breather before gold prices continue their upward climb on fear and uncertainty in the markets, which has been pushing investors into safe-haven assets.