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.
Bloomberg reports that Gold fell the most in a week on speculation that the dollar will extend a rally.
Redstar Gold Corp. (CVE:RGC) acquires of a new gold project in Nevada.
Bloomberg reports that on Friday, Gold futures fell, heading for a weekly loss, as concern that China may tighten monetary policy.
Bloomberg reports that Gold futures rebounded after investors snapped up the precious metal as an alternative to currencies.
Bloomberg reports that Gold futures rose to a record settlement of $1,416.10 an ounce on concern the U.S. will pump more cash into the economy.
Reuters reports that Gold rose above $1,420 an ounce for the first time since mid-November on Monday.
Bloomberg reports that Gold futures topped $1,400 an ounce and silver climbed to a 30-year high as the dollar’s slump boosted the appeal of precious metals as alternative investments.
Reuters reports that Gold eased back toward $1,380 an ounce on Wednesday.
Bloomberg reports that Gold advanced for a third day on concern that the European debt crisis may escalate.
New York Times reports that Gold is an investment that historically made sense when inflation was rampant.
Get our independent commentary on gold trends and companies delivered to your inbox.