nymex

Gold Gains as Investors Await Senate Rescue Plan Vote

Wed, 01 Oct 2008 17:45:51 -0500

As stocks ended slightly lower Wednesday and the markets anxiously awaited the Senate's vote on its proposed financial rescue plan, New York precious metals moved into positive territory. Nymex silver, gold and platinum futures gained 4 percent, 0.7 percent, and 1.4 percent, respectively.

Gold, Silver and Platinum Fall as Stocks Rally and Dollar Surges

Tue, 30 Sep 2008 17:25:43 -0500

New York precious metals retreated Tuesday as stocks rallied and the U.S. dollar surged amid hopes the passage of a financial rescue plan is still possible from Capital Hill. Nymex silver, gold and platinum futures lost, 5.8 percent, 1.5 percent, and 5.6 percent, respectively.

Gold Declines as Rescue Plan Agreement Close

Thu, 25 Sep 2008 16:34:45 -0500

New York precious metals retreated while the U.S. dollar climbed Thursday as news of a "fundamental" agreement came from Washington regarding the U.S. $700 billion financial rescue plan. Nymex Silver, gold and platinum futures lost, 1.2 percent, 1.5 percent, and 2.8 percent, respectively.

After-Hours Movers 8/18: NYMEX (NMX) Up After Buyout Approved, F...

Mon, 18 Aug 2008 18:06:40 -0500

StreetInsider.com After-Hours Movers:

NYMEX Holdings, Inc. (NYSE: NMX) 1.8% HIGHER; CME Group and NYMEX Holdings, Inc. (NYSE: NMX) announced that preliminary results indicate the shareholders of both companies have approved the proposed merger.

Fannie Mae (NYSE: FNM) 1% HIGHER; Recovers a bit after falling 22% intra-day on fears the common shareholders will be wiped out.

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Blame China?

Sat, 10 May 2008 18:06:54 -0500

Why do we blame China and the Far East for the economic problems we are having in the world today. We know the price of oil is bid up in a kind of auction called the NYMEX. This can be stopped by placing limits on how high the price can go.