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Gold Futures Tank As Dollar Futures Roar (GLD)
Tuesday, November 9, 2010 - 3:00pm | 72Read More...Gold futures came under massive selling pressure this afternoon as commodities were sold as US dollar futures rallied to over 77.60 in the front month contract. Spot gold traded as high as 1424.3 before selling down 24 points to 1398 before catching support. Equities as you know are correlated with...
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Gold Surges Through $1,400 As Dollar Weakens (GLD)
Monday, November 8, 2010 - 1:33pm | 87Read More...Spot gold futures are surging this afternoon to $1,405 an ounce on dollar weakness and equities strength. US dollar futures touched a high of 77.30 before giving back almost 25c. USDX futures are still up .50% on the day. Spot gold is trading at lifetime highs, of 1406. There is nothing but air...
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Gold Prices Surge As Traders Seek Safe Haven
Friday, August 6, 2010 - 10:14am | 120Read More...Gold prices have shot up today as the US dollar and stocks continued to fall after the Labor Department released weaker-than-expected jobs data for the month of July. The most actively traded contract, gold futures for December delivery, moved up $10.70, or 0.9%, to $1,210.20 an ounce. Gold had...
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Gold futures Rise $27 An Ounce To Record Highs In Three Months (GLD, GDXJ, FCX, EGO)
Tuesday, February 16, 2010 - 1:06pm | 272Read More...Gold futures rose close to $1,100 today, marking the highest rise in three months, as investors speculated about a probable rise in demand for the metal due to concerns over the sovereign debt in Greece, despite Eurozone leaders trying to formulate a support plan. April gold rose $27, or 2.5%, to...
