Gold prices reached a record high today as the Bank of Japan cut interest rates and many countries indicated that they may boost currency liquidity, Reuters reported.
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The Dow surged nearly 200 points, while inflation fears propelled gold to another record close.
The Institute for Supply Management said its services index rose to 53.2 last month from 51.5 in August. Economists had expected t…
Recent reports show that several banks have begun advising their wealthiest individual clients to put as much as 10% of their assets into the precious metal. And some are stocking up by the ton.
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Despite the last day’s profit-taking slippage, it was a September to remember for stocks, especially after their gruesome performance in August. It’s all the more noteworthy because September is hardly a highlight month histori…
Gold prices reached a record $1,308.90 an ounce Tuesday after earlier price declines and continued low interest rates spurred investors to buy bullion. Gold, which earlier had its biggest intraday decrease in more than two mont…