by agm | Aug 26, 2011 | news
Gold prices bounced back late Thursday after plummeting as much as 11% in two days as investors fled stocks and into the safe haven. Gold for December delivery added $5.90 to close at $1,763.20 an ounce at the Comex division of the New York Mercantile Exchange. The...
by agm | Aug 24, 2011 | news
Gold plunged in New York, heading for the biggest drop in 18 months, on speculation that financial markets may be stabilizing, eroding the appeal of the precious metal as a haven. Bullion has tumbled more than 5 percent in two days, erasing gains in the past two weeks...
by agm | Aug 23, 2011 | news
old dropped for the first time in seven sessions as some investors sold the metal after signs of slowing growth spurred a rally to a record $1,917.90 an ounce. The relative-strength index of futures in New York has topped 70 since Aug. 8, a signal to some investors...
by agm | Aug 19, 2011 | news
NEW YORK (AP) – Gold reached new heights Friday, soaring as high as $1,881 an ounce, as investors anxious about the uncertain global economy snapped up the precious metal. Stock markets in Europe and Asia continued a slide that began Thursday on disappointing...
by agm | Aug 19, 2011 | news
Global stocks dropped, European shares suffered the biggest two-day slump since 2008 and oil sank below $80 a barrel on concern the U.S. recovery is faltering and Europe’s debt crisis will worsen. The Swiss franc gained, while gold reached a record high. The MSCI...
by agm | Aug 18, 2011 | news
Gold futures surged to a record $1,829.70 an ounce on demand for an investment haven as mounting concern that the global economy is faltering triggered a plunge in equities. The Standard & Poor’s 500 Index tumbled as much as 5 percent after manufacturing in the...
