The Dollar Gold Price traded in a $3 range around $1526 per ounce on Friday morning in London, while stocks and commodities were up and the Euro rallied despite concerns the IMF may halt the latest payment of Greece's €110 billion bailout.
Wedbush Securities views recent weakness likely due to concerns and confusion over the AT&T (NYSE: T) renewal, as an opportunistic entry point in shares of Synchronoss Technologies, Inc. (NASDAQ: SNCR). The brokerage reiterated its outperform rating on shares of Synchronoss with a price target of $36.
The evidence from China, for example, suggests that while higher rates certainly have the potential to dent gold demand, far more important drivers are inflation and growth. China's experience may not be typical, but it's certainly worth examining. China is the world's second biggest gold market after India.
Oil rose 2 percent on Tuesday in choppy trading after Goldman Sachs raised its price forecasts for Brent crude, saying demand from economic growth will eat into stockpiles and OPEC spare capacity.
St. Louis Federal Reserve President James Bullard said on Monday that stripping energy and food costs from inflation measurements may understate inflation. Ignoring energy prices in a price index may systematically understate inflation for many years, he added.
Commodities trader Glencore's shares were stuck under water on their first day of official trade, dashing hopes of a strong start after it set a mid-range flotation price for London's largest ever offering.
The U.S. Treasury will take the first step toward exiting its 92 percent stake in American International Group Inc
on Tuesday when the insurer prices its stock offering.
Russian Internet company Yandex on Monday raised the price guidance for its Nasdaq initial public offering, responding to strong investor demand after LinkedIn Corp's blowout debut last week.
Russian Internet company Yandex raised the price guidance for its Nasdaq initial public offering on Monday, responding to strong investor demand after LinkedIn Corp's blowout debut last week.
The European Union set the date on Monday for the launch of the first satellites in its Galileo global navigation system and said the long-delayed program would come in below budget.
Wedbush Securities said its channel checks point to continued market share expansion for Harley-Davidson, Inc. (NYSE: HOG). The brokerage maintained its outperform rating on shares of Harley-Davidson with a price target of $48.
The Gold Price in Euros shot to a new all-time high of €34,746 per kilogram (€1080 per ounce) - 1% above Friday's close. The Euro price to Buy Gold has risen 16% since this time last year.
FBR Capital Markets upgraded its rating on shares of Nara Bancorp, Inc. (NASDAQ: NARA) to "outperform" from "market perform" ahead of near-term catalysts and recent pullback, with a price target of $10.
Analysts are positive LinkedIn's high stock price will eventually correct itself.
Shares in commodities trading group Glencore fell below their issue price of 530 pence on Friday, the second day of conditional trading, as investors fretted over its valuation.
LinkedIn Corp's shares more than doubled in their public trading debut on Thursday, evoking memories of the investor love affair with Internet stocks during the dot-com boom of the late 1990s.
Shares of LinkedIn Corp surged nearly 90 percent in their public trading debut on Thursday, a jump reminiscent of the heyday of investors' love affair with Internet stocks in the late 1990s.
Commodity trader Glencore prepared the ground for a solid performance in its market debut, pricing its record-breaking offering of up to $11 billion in the middle of its initial range.
Commodity trader Glencore has confirmed the price of its bumper $11 billion market debut at 530 pence, in the middle of its initial range, a level it hopes will secure a strong performance on debut.
U.S. stock index futures rose on Wednesday, helped by stronger-than-expected results from computer maker Dell and a rebound in commodity prices.
World stocks climbed off four-week lows on Wednesday and the euro recovered some ground against the dollar as investors sought bargains in recently hard-hit markets.
In my mind it was just one of those raids that we experience from time to time. There was no particular reason for it. And then we end up with 5 margin rate increases. It just reeks of someone manipulating the price of silver down.