gold and silver

Crunch! Oil, gold and silver all drop

Digg - Business & Finance  Tue, 05/17/2011 - 10:30

There was an oil and gold selloff Tuesday, as disappointing housing data and a stronger dollar pushed already nervous investors out of the market.


 

Top 10 News Items 4/25-4/29: Bernanke Conducts First-Ever FOMC P...

StreetInsider.com News Articles  Fri, 04/29/2011 - 15:19

Here is a recap of the top news items from this week on Wall Street: 1. Fed Chairman Ben Bernanke held the FOMC's first press briefing on Wednesday at 2:15pm following the release of the Fed rate decision at 12:30pm.

Bernanke reiterated the Fed's view the US economic recovery will be gradual and also that inflation has crept higher recently.

The keyword for the briefing was certainly "transitory," used more than several times by Bernanke to describe the latest bout of inflation. 2.

Gold and silver continued meteoric runs this week. Gold rose almost 4 percent to close at $1,563 per ounce,


 

Gold and Silver Said to Rise on Inflation Concerns

Topix - Business News  Fri, 04/15/2011 - 22:49

U.S. gold and silver prices ended the week on a robust note for a second straight Friday. Gold closed to an all-time record high at near $1,490 an ounce.

Silver prices soared 91 cents to over $42 an ounce...


 

Precious Metals Performance Recap

Topix - Business News  Fri, 03/11/2011 - 18:01

Gold and silver prices declined slightly on the week, as measured by the closing London PM Fix prices.A Gold finished the week at $1,411.50 for a loss of $15.50 while silver declined fractionally by 33 cents to close at $34.10.A However, as markets assessed the impact of a slowing world economy, higher inflation, higher oil prices and the massive ...


 

U.S. Stocks Rise Slightly for Week, Metals Plunge

Topix - Business News  Sat, 10/23/2010 - 15:21

Gold and silver prices declined on Friday, cementing their first losing week in six as the U.S. dollar posted its first weekly increase in the same timeframe...


 

Gold and Silver Extend to New Highs

Topix - Business News  Tue, 10/05/2010 - 19:26

Once again, gold and silver set new record prices on October 5, with gold reaching another all-time high and silver posting its highest price since March 1980 .


 

Goldcorp agrees to buy Andean Resources for $3.42B

Newsvine - business  Fri, 09/03/2010 - 05:14

Goldcorp Inc. said Friday that it has agreed to buy Andean Resources Ltd. for about 3.6 billion Canadian dollars ($3.42 billion) in a deal that would give it access to an Argentinian mining project said to contain a significant amount of gold and silver.


 

Business & Bullion Weekly Report - April 24, 2010

Topix - Business News  Sat, 04/24/2010 - 09:56

U.S. stocks rallied, lifted by an unexpected 27 percent jump in new home sales for March - the biggest increase since 1963.

The Dow, Nasdaq and S&P 500 closed with fresh 2010 highs. Major European indexes rose on Friday as well, but were mixed for the week.

Gold and silver gained in New York on Friday, spurred by ...


 

Business & Bullion Weekend Report - Dec. 26

Topix - Business News  Sat, 12/26/2009 - 15:53

Gold and silver prices moved narrowly in both New York and London during the holiday-shortened week. Platinum, however, soared following news that the SEC approved a proposed rule change to list and trade ETF Securities Platinum and Palladium Trusts.

In other markets, crude oil pushed above $78 a barrel for the first time in three weeks while US stocks ended at new 2009 highs.

Major European indexes enjoyed weekly gains as well.


 

Gold and Silver Coin Rationing Resumes

Topix - Business News  Mon, 12/14/2009 - 17:16

In a return to the situation experienced during most of 2008 and the first half of 2009, the limited number of gold and silver bullion coins available from the US Mint are subject to rationing.