Wholesale Gold Bars slipped to a 3-session low in London trade on Tuesday, finally bouncing higher from $1455 per ounce - some 1.5% below yesterday's new Dollar high - as world stock markets fell and major-economy government bonds rose.
U.S. stocks ended mixed on Monday as energy shares declined on lower oil prices and investors cautious ahead of the unofficial start of first quarter earnings season.
Gold and [platinum-group metals] were irrelevant, according to one Asian dealer, as The silver market went nuts, with swift buying pushing spot silver prices to a fresh 31-year high above $42 per ounce.
The top pre-market NASDAQ Stock Market gainers are: Tasty Baking, Global Crossing, American Medical Systems Holdings, RAM Energy Resources, and VIVUS. The top pre-market NASDAQ Stock Market losers are: Sina, Medivation, Energy Conversion Devices, JetBlue Airways, and Netflix.
Shares of AMR Corp. (NYSE: AMR) touched a new 52-week low of $5.71 on Friday, as crude oil futures climbed above $112 since September 2008.
Hitting $1472.50 for US investors today, the Gold Price also rose sharply against the British Pound - hitting its best level since New Year at £900 per ounce - but was in flat against most other major currencies. Silver Prices, in contrast, rose to new multi-decade highs across the board.
Physical Gold Investment prices held near yesterday's new all-time Dollar highs in London trade on Thursday, rising toward 3-week highs in Euro terms even as the European Central Bank made good on its promise to raise Eurozone base rates.
U.S. stocks advanced in early trade on Thursday after official data showed that applications for jobless benefits fell last week.
U.S. stock markets ended higher on Wednesday, led by gains from technology and banking sector stocks.
The price of Gold reached new record highs vs. the Dollar on Wednesday in London, breaching $1460 per ounce as world stock markets also kept rising together with commodities and higher-yielding currencies.
FOMC Meeting Minutes March 2011
The Gold Price rose early Monday in London, nearing last week's high of $1439 per ounce as energy prices led a surge in commodity prices and Silver Bullion jumped 1.9% to fresh 31-year highs.
U.S. stocks slightly advanced in early trade on Thursday after official data showed that applications for jobless benefits fell last week.
Dollar Gold Prices fell in Asian and early London trade on Monday, dropping 1.3% to a 6-session low of $1411 per ounce as global equities slipped and the US currency rose on the forex market. Silver Prices lost 2.1% to hit a 3-session low beneath $36.50 per ounce.
The tiny Persian Gulf state of Qatar has become the first Arab nation to recognize the rebels of Libya as representing that country’s legitimate ruling body.
U.S. stocks advanced in early trade on Monday, following better-than-expected economic reports on Personal spending and pending home sales in February.
US stocks opened higher in early trade on Monday, with the S&P 500 Index gaining 2.49 points, or 0.19 percent, to trade at 1,315.76. The Dow Jones Industrial Average is up 18.31 points, or 0.15 percent, to trade at 12,238.90. The Nasdaq Composite Index advanced 0.28 percent.
Crude oil futures slipped on Monday as Libyan rebels disclosed plans of oil exports from the key oil towns captured by them over the weekend.
US stocks are up on Friday, en route to end positive for the third consecutive session, as investors shrug off global concerns.
US stocks rallied on Friday on positive economic data and another good earnings report from the technology sector.
Gold hit its second new record high on the trot at the London Gold Fix on Thursday morning, hitting $1441.25 per ounce for US investors as the Dollar held flat on the forex market, and US crude oil rose.
U.S. stocks advanced in early trade on Thursday after official data showed that applications for jobless benefits fell more than expected last week, recording a drop for a second consecutive week.