Friday, November 20th, 2009

Posts Tagged ‘ Nymex ’

6 Critical Factors That Govern Your Portfolio’s Future Value

Aug 24th, 2009 | By Contrarian Profits | Category: Top Story

Where are we now? Still in the Twilight Zone economy as far as we’re concerned. US stocks ended strongly on Friday. And they’re set to rise again today if Europe’s strong morning performance is anything to go by. Commodities are up too. Nymex crude oil futures are at $74.24 a barrel at writing. Gold is trading at $953.50 an ounce – not far off Friday’s one-week high.



Gold Dips on Profit Taking as Other Assets Recover

Jan 28th, 2009 | By Contrarian Profits | Category: Financial News

European shares gain for third consecutive session… Euro up against dollar, yen as risk aversion ebbs …  SPDR Gold Trust ETF, iShares silver ETF at record



Gold Slips Below $900/oz, Risk Aversion Eases

Jan 27th, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold held below $900 an ounce on Tuesday, giving up some of the previous sessions’ gains, as easing risk aversion dampened interest in the precious metal. Spot gold was quoted at $898.65/900.25 an ounce at 1403 GMT, against $902.65 in New York late on Monday. Earlier it slipped to a low of $891.60 an ounce.



Gold Falls 1 pct as Dollar Firms; ECB Eyed

Jan 14th, 2009 | By Contrarian Profits | Category: Financial News

U.S. data sparks flight to dollar…  Oil slips, traders fret over demand outlook…  Traders await ECB rate decision on Thursday.



Gold Softens as Dollar Firms after U.S. Jobs Data

Jan 9th, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Dollar firms a touch versus the euro, pressuring gold… Key U.S. jobs data shows payrolls down 524,000 in Dec…  Investec cuts 2009 platinum forecast by 28 percent.



Gold Weakens on Strong Dollar, Platinum Rises

Jan 6th, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Dollar touches fresh 3-week high versus the euro…  ETF Securities reports 2 pct rise in gold ETF holdings… Platinum, palladium rise to multi-week highs…



For Green Investors, the Big “What If?”

Dec 31st, 2008 | By Irwin Greenstein | Category: Financial News

An article in the Wall Street Journal caught my eye, leading me to wonder if green investors may be crying the blues in 2009 and beyond.



Gold Bugs Have Fed to Thank for Recent Rally

Dec 31st, 2008 | By Don Miller | Category: Financial News

The currency markets reaction to the Federal Reserve’s recent interest rate cuts has ignited a rally in gold, as investors weigh the benefits of owning the yellow metal versus U.S. Treasuries and the dollar.



Global Investing Roundups Tuesday, December 30th, 2008

Dec 30th, 2008 | By William Patalon III | Category: Financial News

Mid-East Violence Drives Crude Higher; IndyMac to be Sold by Year’s end; Retailers in for Tough Start to 2009; Six-month Treasury Rate Hits Record Low; Commercial Banks Report $6 Billion in 3Q Revenue



Gold Rises on Dollars Weakness

Dec 23rd, 2008 | By Doug Casey | Category: Financial News

It was a mixed day for the precious metals as gold rose, but silver and platinum were both down slightly. Gold traded up during the pre-dawn hours before reaching an intraday high $851.22/oz. during the NYMEX session. While prices trended downward throughout afternoon trading gold still posted a gain of $9.90 to finish at $847.80/oz.