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…
Countries from Japan to Brazil and Mexico to Malaysia are trying to intervene in currency markets to alter the value of their currency. The widespread dependence on exports is the prime reason for these moves, which can be tric…
Gold continued its record-breaking climb, reaching a new high of $1,300 an ounce.
Futures for December hit $1,301.30, before slipping to $1,299.40 an ounce on Globex.
“Diversification and physical demand will continue to provide upside momentum,” said James Moore, an analyst at TheBullionDesk.com, in a research note.
Gold surged earlier in the week after Federal Reserve Chairman…
Continue reading Gold Prices Reach New High Above $1,300 an Ounce
Gold Prices Reach New High Above $1,300 an Ounce originally appeared on DailyFinance on Fri, 24 Sep 2010 07:13:00.
Filed Under: Investing, Currency, Market News
Glenn Beck’s favorite gold company was dragged to Capitol Hill Thursday to answer questions regarding its marketing and sales practices. Goldline, the omnipresent pusher of gold coins in radio and TV ads (and for whom Beck was …