GOLD

IBTimes Logo

Gold eyes 10-week low as safe-haven bid fades

Gold fell to its lowest in ten weeks on Tuesday, putting the price on course for its worst monthly performance in 13 months as safe-haven demand evaporated and investors booked further profits on the 2010 rally.
More news
IBTimes Logo

Wesdome Gold Mines Q4 production up

Wesdome Gold Mines Ltd said fourth-quarter gold production rose 2 percent to 21,500 ounces and forecast higher output in 2011. The company sees overall production of more than 70,000 ounces in 2011, helped by initial production at its Mishi mine in Ontario.
IBTimes Logo

Gold drops on technicals; euro zone worries support

Gold turned weaker on technical selling on Monday, after the metal initially rose as a lower dollar and lingering worries about an European debt crisis helped recoup some lost ground from a two-month low last week.
IBTimes Logo

Gold edges up as price drop attracts buyers

Gold rose on Monday as lower prices after the metal's third consecutive weekly loss attracted some buyers back to the market, but a more optimistic view of global growth still limited fresh investment.
IBTimes Logo

Gold and silver technicals: Good entry points at 150, 100 SMAs?

The yellow and white precious metals have pared most of Monday's Asian gains in North American trading but the metals see strong supports at current levels as the sharp correction in recent days have already brought them to technically justified points of entry.
Traders work on the floor of the New York Stock Exchange

US futures edge lower ahead of earnings

Futures on major U.S. indices point to modestly lower opening on Monday as investors awaited the earnings from major firms including McDonald's and Texas Instruments.

Asia stocks concede early gains, sentiment wary

Asian stocks rose on mild bargain buying after a sell-off last week, while the euro hovered near a nine-week high before a Fed meeting this week where it is expected to paint a cautious view of the world's biggest economy.
IBTimes Logo

Unbacked Money, 40 Years On

2011 will mark 40 years since the United States' government finally stopped redeeming its dollars for gold. That ended over 250 years of formal gold backing for the West's dominant currencies. It also took the entire world off precious-metal money for the first time in 5,000 years of civilization.

Namath family rooting for Steelers over Jets

Joe Namath may be the greatest icon in New York Jets history, but since he’s originally from the Pittsburgh area, his family members will be rooting for the Steelers in this Sunday’s AFL Championship games.
IBTimes Logo

Gold hits two-month low as haven appeal wanes

Gold touched a two-month low in Europe on Friday, pressured by a firmer appetite for assets seen as higher risk on expectations the economic recovery was gaining traction, but a retreat in the dollar prevented a steeper drop.
Traders work on the floor of the New York Stock Exchange

US stocks open higher on upbeat earnings

US stocks advanced in early trade on Friday as upbeat quarterly results from General Electric and Google and strong German IFO business sentiment data boosted investor sentiment.

Stocks set to open higher after Google, GE earnings

Futures on major U.S. indices point to a higher opening on Friday with futures on the S&P 500 up 0.15 percent, futures on the Dow Jones Industrial Average up 0.11 percent and Nasdaq100 futures up 0.15 percent.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.