Whatâs Offline: Gold Is Awaiting Its Day
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All those people who have been arguing for years that the price of gold is going to increase drastically may finally be correct.
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Investor's Business Daily - Brisk buying of video games and DVDs gave online retailers a leg up this holiday. But while they didn't end up with the lump of coal that offline stores got, their sales growth likely fell short of last year.
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Gold hit a 28-year high in Europe on  Friday as the dollar&#39;s continued slide to record lows versus  the euro raised the metal&#39;s appeal to speculative investors.
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Gold hit an 11-day low on Monday as a weaker euro versus the dollar encouraged investors to lock in profits from last week's run to record highs, but broader financial market uncertainty was seen limiting losses.
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Gold traded in a tight range above the previous day's 15-week low and platinum touched its lowest in nearly six months on Thursday, as investors were hesitant to make big moves because of general nervousness in the market.
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FRESH rumours that Norilsk of Russia is poised to take over Gold Fields have excited market watchers, but so far there has been no confirmation of this.
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Gold retreated after marginally gaining   on Tuesday as investor confidence remained fragile after last   week's huge sell-off and ahead of this week's U.S. Federal   Reserve meeting.
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Spot gold hit a record high at $855.10 an ounce on Wednesday in buying fuelled by a struggling dollar, surging oil and simmering geo-political tensions, traders said.
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A sickly dollar lifted gold to a fresh 16-year high this week, just as a newly launched exchange-traded fund offered individual investors a new way to own the gleaming asset. But Wall Street experts, less than unanimous about its prospects, are divided about what sort of role gold should play in your portfolio.
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Gold hit a 28-year high on Friday as the dollar's continued slide to record lows versus the euro raised the metal's appeal to speculative investors.
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Gold steadied in quiet trade on Thursday and looked at the dollar and oil for direction, but platinum gained after tumbling this week from record highs.
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Gold swept to a record high on Wednesday above the key $850-an-ounce mark, driven by surging oil, a weaker dollar and simmering geopolitical tensions that polished its safe-haven credentials.
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Gold, benefiting from a weak dollar, peaked at $444.60 an ounce in Europe on Wednesday, and traders said the metal could rise higher still.
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Gold drifted higher on Friday on a weaker dollar and dealers said the market was expected to be choppy in thin trading conditions during a U.S. holiday.
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A maverick prospector plans to scoop gold and silver from the bottom of the sea. Is it an environmental improvement or the beginning of a disaster? Plus: Nautilus Minerals' video calling card and a podcast with writer Joshua Davis from Wired magazine.
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The global flight from risk knocked  precious metals again on Friday, with gold falling below $650  an ounce for the first time in three weeks as shaky global  stock markets prompted investors to reduce positions in  commodities.
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Gold futures hit a 16-year high yesterday, continuing a bull run that has gold companies &quot;living the dream,&quot; according to one industry analyst.