Gold, other metals pullback for second straight day as dollar strengthensSeptember 18th, 2009 Gold, other metals slip for second straight dayNEW YORK — Gold and other metals slipped for the second straight day, along with most other commodities, as stocks and the U.S. dollar both posted gains Friday.
Gold, other metals give back some of recent gains after touching fresh highsSeptember 17th, 2009 Gold, other metals slip after recent gainsNEW YORK — Gold and other metals gave back some of their recent gains Thursday, but not before marking fresh highs. Gold for December delivery lost $6.70 to finish trading at $1,013.50 an ounce on the New York Mercantile Exchange, after earlier rising to a new 18-month high of $1,025.80 an ounce.
Gold prices fall as dollar shows some strength, other metals, oil riseAugust 24th, 2009 Gold falls on dollar strength, other metals riseNEW YORK — A stronger dollar hurt gold prices Monday, but other metals finished slightly higher on hopes that demand for materials will pick up as the economy improves. Gold for December delivery dropped $11 to $943.70 an ounce on the New York Mercantile Exchange as the dollar rose against the euro and the British pound.
Most metals rise amid ongoing weakness in US dollar; gold dips on profit takingAugust 5th, 2009 Metal prices rise slightly on dollar weaknessNEW YORK — Most precious and industrial metals rose Wednesday, building on recent gains as the dollar extended its losses. Gold prices, however, finished slightly lower as investors collected some profits.
Commodity prices hold steady as investors refrain from big bets amid mixed signals on economyJuly 27th, 2009 Gold ends flat, other metals slightly higherNEW YORK — Gold prices finished flat Monday, while other metals were slightly higher amid a mixed batch of earnings reports and economic data. RadioShack Corp.
Gold, other metals little changed as investors square positions following recent gainsJuly 24th, 2009 Gold, other metals hold steady after recent gainsNEW YORK — Prices for gold and other metals were little changed during quiet trading Friday as investors squared positions ahead of the weekend following recent gains. "The market has done well over the past few weeks," said Dave Meger, a gold analyst at Alaron, adding that investors are "in a consolidation mood."
Risk appetite among investors has spiked over the past two weeks, as the majority of corporate earnings reports exceed Wall Street's expectations and amid signs that the troubled housing market is stabilizing.
Gold, other metals push higher amid mixed signals from earnings reports; Oil prices fallJuly 22nd, 2009 Gold, other metals rise; Oil prices fallNEW YORK — Prices for gold and other metals rose slightly Wednesday, but other commodities finished mixed as investors assess the latest batch of corporate earnings reports. Investors have been keeping close watch on companies' quarterly results, looking to glean clues on where the economy is headed.
Gold, other metals post modest gains amid mixed earnings reports, oil finishes week above $63July 17th, 2009 Gold, other metals up slightly amid mixed earningsNEW YORK — Gold and other metals rose slightly in a quiet day of trading Friday amid a mixed bag of earnings reports. Investors who sent commodities rising this spring on hopes the economy was improving have put their buying on hold in recent days as they await more direction from corporate earnings.
Metals rise as dollar falls, investors take risks ahead of earnings; energy futures weakenJuly 13th, 2009 Gold, other metals rise on as dollar weakensNEW YORK — Prices for gold and other metals rebounded Monday as investors snapped up riskier assets hoping that earnings reports will show an improving economy. A weaker dollar also helped push commodity prices higher.
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.
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.
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, 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 closes above $900 for first time in weeks, rising for 2nd straight dayApril 23rd, 2009 Gold prices rise for 2nd straight dayNEW YORK — Gold prices are higher, closing above $900 for the first time in three weeks as investors move some money back into the safe-haven investment while stocks waver on Wall Street. Oil and grain prices are also up slightly.
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