Gold prices near fresh record highs as dollar sinks; other metals, energy prices also riseSeptember 16th, 2009 Weak dollar sends gold, other commodities higherNEW YORK — Another slump in the dollar is sending gold prices to near-record highs. Gold for December delivery rallied $13.90 to $1,020.20 an ounce Wednesday on the New York Mercantile Exchange, after earlier hitting a new 18-month high of $1,023.30.
Gold prices surge, have biggest one-day jump since March, other metals follow higherSeptember 2nd, 2009 Gold hits 3-month high, other metals follow higherNEW YORK — Gold prices surged Wednesday, breaking out of a narrow trading range that has been a constraint for months. Gold for December delivery jumped $22, or 2.3 percent, to $978.50 an ounce on the New York Mercantile Exchange — its highest close since June 4 and the biggest one-day jump since March 19 when the metal jumped more than $69.
Metals prices mixed as investors weigh dollar weakness, concerns about China; oil surgesAugust 19th, 2009 Metals mixed, oil surges on drop in inventoriesNEW YORK — Prices for metals were mixed Wednesday, with gold getting some support from a slightly weaker dollar, and other metals falling on concerns over a potential drop in demand from China. Gold for December delivery added $5.60 to $944.80 an ounce on the New York Mercantile Exchange, as the dollar slid against the Japanese yen and the British pound.
Prices for precious, industrial metals narrowly mixed as weaker dollar lends some supportAugust 18th, 2009 Prices for metals mixed amid weaker dollarNEW YORK — A weaker dollar is lending some support to metals prices. Gold closed slightly higher Tuesday, while other metals were narrowly mixed as the dollar lost ground against other major currencies.
Gold prices hold steady, other metals end higher amid mixed bag of earnings, economic dataJuly 14th, 2009 Gold holds steady while other metals push higherNEW YORK — Gold prices are holding steady, but other metals are higher as investors parse a mixed bag of earnings news and economic reports. A government report showing a bigger-than-expected jump in wholesale inflation numbers in June helped support metals prices.
Prices for gold, other metals bounce back as dollar retreats; energy futures falterJuly 1st, 2009 Gold, other metals rebound on falling dollarNEW YORK — Prices for gold and other metals rebounded Wednesday as the dollar lost ground against other major currencies. The dollar declined as stocks moved higher after reports showing stabilization in the manufacturing sector both in the U.S.
Commodities trade mixed as investors weigh falling dollar against economic concernsJune 26th, 2009 Precious metals slightly higher as dollar fallsNEW YORK — Precious metals moved slightly higher Friday, supported by more weakness in the dollar. Other commodities like base metals and oil declined as investors refrained from making big bets on economically sensitive materials following a report suggesting consumer demand is still soft.
Metals finish slightly higher amid early weakness in dollar; some pullback after Fed meetingJune 24th, 2009 Metals finish higher amid early weakness in dollarNEW YORK — Gold and other metals gave up some ground Wednesday after the Federal Reserve noted that inflationary pressures would likely remain in check. Investors have been sending prices higher for oil, copper, grains and other commodities as a hedge against inflation.
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.
Oil hovers above $68 in Asia as investors seek protection from inflation, weakening dollarJune 3rd, 2009 Oil hovers above $68 as traders eye weaker dollarSINGAPORE — Oil prices hovered above $68 a barrel Wednesday in Asia near a seven-month high as investors sought a safe haven in commodities from a weaker U.S. dollar and inflation.
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 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 prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly 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.
Loading ...