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21. PRECIOUS METALS: Gold futures gain on rising oil
Gold futures rose to the highest level in New York since mid-March on record oil prices amid rising tensions with Iran which spurred the investment appeal of the precious metal.
12 Jul 2008
22. PRECIOUS METALS: Gold Futures Hit 10-Week High on Iran Tensions
Gold futures gained on Tuesday to a 10-week high on speculation that increased tensions over Iran's nuclear program will boost investment demand for the precious metal as a hedge against inflation. Silver also gained while dollar dropped against international counterparts.
02 Jul 2008
23. PRECIOUS METALS: Gold Soars 4 Pct on Inflation Concerns
Gold futures surged the most in two years as weakness in the U.S. dollar boosted the investment appeal for the precious metal, causing prices to lift nearly 4 percent.
27 Jun 2008
24. Gold Investments Market Update - Inflation to Unleash a Financial Tsunami
Gold closed at $888.80 in New York yesterday and was up $4.40; silver closed at $16.61, down 16 cents. Gold fell initially in Asia, then rose in early European trading prior to falling again in recent trade.
26 Jun 2008
25. Dollar up, gold down
The U.S. dollar was higher against most other major currencies in European trading Monday. Gold fell.
24 Jun 2008
26. PRECIOUS METALS: Gold Gains Nearly 4 Pct on Week, Oil Soars
Gold futures edged lower on Friday but managed to close the week with a gain of almost 4 percent as oil prices continued to soar and weakness in the U.S. dollar boosted the demand for a hedge against inflation.
23 Jun 2008
27. Gold is still up...
Gold is still maintaining its price gains since it came back up yesterday after that the dollar fell; today it reached a high of $884.40 an ounce. This falling dollar played the main role in the incline of gold prices, knowing that investors directly swap
19 Jun 2008
28. PRECIOUS METALS: Gold Futures Edges Higher as Dollar Drops, Silver Declines
Gold futures closed with modest gains on Tuesday on speculation a weak dollar and soaring energy cost will boost the demand for the precious metal while another round of weak U.S. data boosted concerns about economic growth.
18 Jun 2008
29. Goldman Sachs 2Q earns fall but beats expectations
Goldman Sachs navigated yet another quarter of market turmoil and tight credit, with runaway prices of commodities such as oil and gold helping to drive profit.
18 Jun 2008
30. PRECIOUS METALS: Gold Drops as Dollar Gains, Losing Over $21 in Three Sessions
Gold futures fell to its lowest level in three weeks on Thursday; dropping more than $21 an ounce, on speculation the U.S. will increase interest rates in order to protect the dollar which dampened the demand for the precious metal as an alternative investment.
06 Jun 2008
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