Gold, silver inch higher, buoyed by rebound in stocks; oil prices rise slightlySeptember 30th, 2009 Gold, silver inch higher, other commodities mixedNEW YORK — Gold and silver prices broke a three-day losing streak Monday, rising slightly in quiet trading. Oil prices rose, while soft commodities were mixed.
Gold prices at 18-month high over $1,000 on dollar weakness, low interest rate expectationsSeptember 8th, 2009 Gold price rises over $1,000LONDON — Gold prices rose above $1,000 per ounce on Tuesday to its highest since March 2008 — suggesting investors are wary of the U.S. dollar's weakness and expect international interest rates to remain low for some time.
Most commodities finish higher as investors look past data suggesting inflation is in checkJune 17th, 2009 Commodities reverse early losses, move higherNEW YORK — Prices for commodities like oil and gold are reversing early losses and moving higher as the dollar comes under more pressure. Most commodities fell in the early going as the Labor Department said consumer prices rose less than expected in May, a signal that the recession is holding down prices and that demand for goods is still sluggish.
Metals, energy prices higher as dollar weakness sends investors in search of inflation hedgeJune 12th, 2009 Gold, other commodities higher as dollar wanesNEW YORK — Most commodities are higher as weakness in the dollar sends investors in search of a shelter from inflation. The dollar is lower against the euro and the British pound amid more evidence that the economy's slide is abating.
Stocks mostly gain as oil hits high for the year, Home Depot issues upbeat earnings forecastJune 10th, 2009 Stocks mostly rise on oil, Home Depot forecastNEW YORK — Stocks are again getting a lift from commodity prices. Most stocks rose Wednesday as the price of oil touched a new high for the year above $71 a barrel and prices for metals and other materials pushed higher.
Gold prices drop 2 percent as dollar gains ground against other currenciesJune 3rd, 2009 Gold prices fall sharply as dollar reboundsNEW YORK — Gold prices have fallen sharply as the dollar rebounds against the euro and the British pound. The dollar's gains come ahead of Thursday's interest rate decisions from the European Central Bank and the Bank of England.
Gold prices rise modestly as dollar slips against euro, British poundJune 2nd, 2009 More weakness in dollar supports gold pricesNEW YORK — Gold prices rose modestly Tuesday supported by more weakness in the dollar. Gold for August delivery inched up $4.40 to settle at $984.40 an ounce on the New York Mercantile Exchange.
Gold prices little changed as rally on Wall Street dampens investment demandMay 9th, 2009 Gold prices hold steady as Wall Street ralliesNEW YORK — Gold prices are holding steady as a rally in stocks keeps demand for the safe-haven asset in check. Other commodities, like oil and grains, are surging on the day's upbeat economic data.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar shows weaknessNEW YORK — Gold prices inched higher Thursday as the dollar showed more weakness and stocks tumbled on Wall Street. Energy and agriculture futures were also slightly higher.
Gold, other commodities move higher, buoyed by falling dollar, rising stocksMay 8th, 2009 Gold moves higher as dollar falls, stocks rallyNEW YORK — Gold prices and other commodities are higher, buoyed by a falling dollar and an increasingly upbeat outlook on the economy. Positive news about banks' balance sheets has driven investors into stocks and other more risky assets and away from the dollar, which is considered a safe haven.
Gold prices slide to nearly 3 percent loss for the week amid increasing optimism about economyMay 2nd, 2009 Gold prices slide as safe-haven demand withersNEW YORK — Gold prices are lower amid increasing optimism about the economy. Other commodities, like oil and silver, are posting gains.
Gold prices retreat, fall back below $900 as dollar gains ground, stocks stage early rallyApril 30th, 2009 Gold falls as stocks stage early rallyNEW YORK — Gold prices inched back below $900 an ounce on Thursday, falling as the dollar advanced against other major currencies and stocks staged an early rally. Other commodities, like oil and grain futures, finished higher.
Gold prices finish higher as dollar weakens, prices log 3 percent gain for weekApril 24th, 2009 Gold prices finish higher as dollar weakensNEW YORK — Gold prices closed higher Friday, boosted by some weakness in the dollar. But the gains were dented by more buying on Wall Street.
Gold prices inch higher as worries about banks send investors in search of safetyApril 22nd, 2009 Gold prices inch higher on bank fearsNEW YORK — Gold prices closed slightly higher Wednesday, as worries about banks sent investors in search of safety. Also giving gold a boost was some weakness in the dollar against the euro.
Gold prices dip as remarks from Treasury Secretary Geithner spur buying on Wall StreetApril 21st, 2009 Gold prices dip as stocks move higherNEW YORK — Gold prices are slightly lower as stocks gain ground. Oil prices are flat, while grain prices are up.
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