Gold rises on firm oil, $620 remains elusive
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Gold rose more than $3 an ounce on Monday after crude oil extended gains, but dealers said the precious metal lacked incentives to breach key resistance levels.
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Oil rose above $61 on Wednesday as   dealers balanced signs that producer group OPEC may take action   to stem tumbling prices against forecasts for a rise in U.S.   winter fuel stocks.
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LONDON - Oil prices hovered near $50 per barrel Tuesday after a Saudi Arabian oil official said the world's largest petroleum exporter would raise its production capacity by nearly 5 percent in a bid to calm markets.    Light sweet crude for November delivery was up 16 cents at $49.80 per barrel in late morning trading on the New York Mercantile Exchange, retreating from the $50.47 high reached in overnight electronic trade...
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Gold hit another record high on Monday before losing some strength, but turmoil in financial markets and expectations of aggressive U.S. rate cuts may help the metal touch the psychological level of $900 an ounce soon.
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Gold soared to record highs above $900 an ounce on Monday as equities struggled for gains and the dollar fell.
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Gold climbs to its highest level since May 2006, with investors seeing the metal as a safe haven in an uncertain market.
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LONDON  - Oil prices firmed, rising briefly above 50 dollars in New York, supported by supply disruptions to operations in the North Sea, making markets nervous heading into the northern winter.
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Oil edged up above $64 a barrel on  Wednesday as traders cautiously await the debate among members  of the U.N. nuclear watchdog over Iran's atomic work, and on  renewed concerns over disruptions to Nigerian supplies.
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Gold was on track for its biggest yearly gain since 1979, with prices hovering on Monday about $10 away from its historic highs.
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Gold surged to a historic high above $910 an ounce, as investors rushed in to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates, analysts said.
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Gold rallied to a 7-week high on Monday and close to a record high of $850 on speculative buying driven by a weak U.S. dollar and tensions in Pakistan following the assassination of opposition leader Benazir Bhutto.
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Gold surged to a historic high above $910 an ounce on Monday as investors rushed to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates.
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Gold surged 2 percent to trade above $900 on Thursday and platinum hit a historic high, as investors snapped up the metals on dollar weakness and firmer oil prices, analysts said.
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Gold hit a record high above $900 an ounce on Monday as turmoil in financial markets and expectations of aggressive U.S. rate cuts helped raise the metal the metal's safe-haven appeal.
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THE Australian dollar strengthened today as some commodity-based trading helped pushed the domestic unit higher. At 7am (AEST) the local unit was trading at $US0.
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Oil prices climbed nearly a dollar on  Monday, moving above $46 a barrel on escalating sabotage at  Iraqi oil facilities and the risk that a U.S. cold spell would  strain thin winter fuel supplies.
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Oil prices rose Monday morning, climbing toward $46 per barrel, after reports that embattled Russian oil giant Yukos suspended some oil exports to China and as traders expect further declines in the US petroleum supply due to production, refining and