by agm | Nov 11, 2011 | news
Gold traders and analysts are the most bullish in at least seven years as investors accumulate metal at the fastest pace since August to protect their wealth from a widening European debt crisis. Twenty-one of 22 surveyed by Bloomberg expect bullion to rise on the...
by agm | Nov 10, 2011 | news
NEW YORK (Reuters) – Stocks tumbled 3 percent on Wednesday in the market’s worst day since mid-August as a spike in Italian bond yields signaled the European debt crisis had worsened. All 10 S&P sectors were down, but S&P financials were the...
by agm | Nov 7, 2011 | news
Stocks slid, extending last week’s drop, and gold rose to the highest price since September as a surge in Italy’s 10-year bond yields to a euro-era record showed Europe’s debt crisis is intensifying. The Standard & Poor’s 500 Index slipped 0.6 percent to 1,245.36...
by agm | Nov 7, 2011 | news
(Kitco News) – Gold prices could rise next week as the recent, stronger momentum helps to propel prices higher and monetary policy continues to accommodate. Profit-taking after gains this week capped the rally in the metal, which found some safe-haven buying...
by agm | Nov 3, 2011 | news
SAN FRANCISCO (MarketWatch) — Gold futures rose past $1,750 an ounce Thursday as traders digested the latest wave of news from the euro zone and mixed economic data from the U.S., as well as comments from the Federal Reserve a day earlier. Gold for December delivery...
by agm | Nov 3, 2011 | news
Federal Reserve Chairman Ben S. Bernanke said unemployment is still “far too high” and the Fed may take further steps to boost growth, such as buying mortgage bonds or changing the way it communicates its policy goals to the public. Additional stimulus “remains on the...
