GOLD

A federal jury in the Eastern District of Virginia has convicted three members and the national president of a violent motorcycle gang known as the American Outlaw Association (Outlaws) of running a highly organized criminal enterprise, participating in racketeering activities and conspiring to commit violence in aid of racketeering.

US stocks advanced in early trade on Wednesday with S&P 500 Index advanced 1.63 points, or 0.13 percent, to trade at 1,260.14 at 10:00 a.m. EDT. The Dow Jones Industrial Average gained 24.86 points, or 0.21 percent, to trade at 11,600. The Nasdaq Composite Index gained 0.10 percent.

The Gold Price in Euros broke fresh all-time highs overnight in Asian trade, hitting more than €34,500 per kilo - some 38% higher in 2010.

Futures on major U.S. stock indices point to modestly higher opening on Wednesday with futures on the S&P 500 up 0.10 percent, futures on the Dow Jones Industrial Average up 0.10 percent and Nasdaq100 futures up 0.25 percent.

Stocks finished narrowly mixed in very light holiday trading as the bitter cold weather in the eastern U.S. helped to push up energy stocks. Traders seemed to shrug off an unexpected dip in consumer confidence and more bad news on housing prices.

Spot gold prices surged up on Tuesday as it was supported by a weaker dollar and strong buying interest in Asia, while investors hoped for a further rally in prices next year. Spot gold gained gained nearly one percent to $1,402.40 an ounce by 1352 GMT.

Futures on major U.S. stock indices point to higher opening on Tuesday ahead of economic data including S&P/CaseShiller house price index.

Stocks finished narrowly mixed in very light trading as a monstrous snow storm on the East Coast likely kept many traders home and a rate hike over the weekend by China dampened some investor sentiment.

By keeping interest rates at all-time low levels, the U.S. faces the potential for a second major financial crisis, cautioned David Einhorn, the hedge fund manager.

Futures on major U.S. stock indices point to lower opening on Monday after China's central bank raised one-year lending and deposit interest rates for the second time in 2010 on Saturday.

To celebrate the 5000th anniversary of Indian jewelry, Tata Group along with Titan is set to produce a gold finish Tata Nano, the world's cheapest car.

Bali-based jeweler, John Hardy, is venturing into retail in partnership with the Masari Group to inaugurate a lavish 22-square meter store in the prestigious Plaza Indonesia shopping mall in Jakarta.

Stocks finish flat on the last trading day prior to the Christmas holiday. A slew of economic data made little impression on investors.

The Gold Price in Euros has risen more than 38% so far in 2010. The Gold Price in Swiss Francs has also hit record highs. It looks as if the SNB will have to revoke its decision to stop intervening, says Steven Barrow, chief currency strategist at Standard Bank in London today.

Futures on major U.S. stock indices point to lower opening on Thursday following weaker-than-expected reports on durable goods orders and consumer spending.

Futures on major U.S. stock indices remained-range bound on Thursday ahead of a wave of economic data including key weekly U.S. jobs data from the government.

When the return on savings is less than the rate of inflation it doesn't matter that gold doesn't provide you with an income. Tightly supplied and indestructible, it offers a natural and obvious alternative to cash. Inflation expectations are rising as 2011 begins.

Stocks rose moderately higher, given a slight boost by a small upward revision to third-quarter GDP and an uptick in sales of existing homes.

A senior bullion logistics executive in Switzerland yesterday told BullionVault that shipments of Gold Bullion to China are running much higher – and have begun much earlier – to meet consumer demand for the Chinese New Year, which will start on 3rd Feb. 2011.

Futures on major U.S. stock indices point to flat opening on Wednesday after government data showed that US economic activity grew at a 2.6 percent annual rate in the third quarter.

Stocks rose moderately, boosted by some M&A activity and an easing of hostilities in Korea, with the Dow Jones index reaching a 28-month high and the Nasdaq at a three-year high, albeit in light pre-holiday trading.