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Weekly Archives
By: Chris Mullen, Gold-Seeker.com - 26 October, 2007
Gold gained about 1% in Asia and held near $776 in London before it extended it gains throughout trade in New York and ended at its high of the session with a gain of 2.15% at a new 27 year high. Silver followed a similar pattern and ended 5 cents of its high of the session with a gain of 2.53%. Full Story |
By: GoldSeek.com - 26 October, 2007
COT Gold Report - October 26, 2007 Full Story |
By: SilverSeek.com - 26 October, 2007
COT Silver Report - October 26, 2007 Full Story |
By: Adrian Ash - 26 October, 2007
SPOT GOLD PRICES hit a new 27-year high above $778 per ounce on Friday morning before dipping $2 by lunchtime in London. Full Story |
By: Chintan Karnani, Insignia Consultants - 26 October, 2007
At this pace of rise crude oil can easily break $100 next week and target $125. Gold can break $800 for $850. Full Story |
By: Chris Mullen, Gold-Seeker.com - 25 October, 2007
Gold traded about $2 higher in Asia, rose further in London, and climbed to as high as $769.55 by late morning in New York before it fell back off slightly into the close, but it still ended with a 0.71% gain at a new 27 year high. Silver outpaced gold’s gains and rose to as high as $14.005 before it also backed off a bit into the close, but it still ended with a gain of 2.60%. Full Story |
By: Adrian Ash - 25 October, 2007
SPOT GOLD PRICES continued to rise during the Asian and early London sessions on Thursday, holding above $767 per ounce just ahead of the US open – a gain of 1.5% from yesterday's start in New York. Full Story |
By: Gold Investments - 25 October, 2007
Gold was up $2.60 to $761.60 in New York on Wednesday. Since closing in New York it has risen in the New York Access market and traded sideways in Asia and early in Europe and is trading at $764.50 at 1100 GMT. Full Story |
By: Rick Ackerman, Rick's Picks - 25 October, 2007
On the statistical front, there were hints of Armageddon, including an 8 percent drop in existing-home sales that doubled the dartboard estimates of alleged economists. But Wall Street hasn’t paid much attention to such discouragements in recent years, and no one should have been surprised that investors were able to imbibe this latest dose of statistical arsenic with no ill effects. Full Story |
By: Chintan Karnani, Insignia Consultants - 25 October, 2007
Gold can rise by another $50 very quickly from the current prices if the Fed cuts interest rates next week and US dollar continues to fall. Full Story |
By: Chris Mullen, Gold-Seeker.com - 24 October, 2007
Gold fell nearly $5 to as low as $754.15 by late trade in London, but it then rose throughout most of the New York session and ended near its high of the day with a gain of 0.34%. Silver dropped to as low as $13.38 by late trade in London and revisited that low in late morning New York trade before it rebounded in afternoon trade, but it still ended with a loss of 0.52%. Full Story |
By: Adrian Ash - 24 October, 2007
SPOT GOLD PRICES slipped throughout the Asian and early European sessions on Wednesday, dropping nearly $5 per ounce from last night's US close before bouncing off a two-day low of $755 at midday in London. Full Story |
By: Chintan Karnani, Insignia Consultants - 24 October, 2007
It's just a consolidation phase for gold and silver before the next move. Full Story |
By: Chris Mullen, Gold-Seeker.com - 23 October, 2007
Gold steadily rose in Asia and London and climbed to a high as $760.50 by a little after 9AM EST in New York before it fell back to $755.00 in late morning action, but it then rallied back higher in the last two hours of trade and ended back near its high with a gain of 0.81%. Silver followed a similar pattern and rose to as high as $13.625 before it also moderated its gains in late morning action, but it also climbed back higher in early afternoon trade and ended with a gain of 0.59%. Full Story |
By: Adrian Ash - 23 October, 2007
SPOT GOLD PRICES rose all through the Asian and early London sessions on Tuesday, regaining $12 of Monday's $20 plunge to trade at $760 per ounce just ahead of the US open. Full Story |
By: Gold Investments - 23 October, 2007
Gold was down $10.70 to $752.90 in New York on Monday. Gold's sell off was mild and expected despite some of the more alarmist headlines. It was a drop of a mere 1.4% which is not much considering gold had moved up nearly 17% in just 60 days. Full Story |
By: Chintan Karnani, Insignia Consultants - 23 October, 2007
Expectations of an interest rate cut by the Fed, is increasing as we near the same. Last time Fed cut interest rates in September gold had risen over $50. Full Story |
By: Chris Mullen, Gold-Seeker.com - 22 October, 2007
Gold fell to as low as $745.12 by late morning in New York before it rebounded about 1% in the last couple hours of trade, but it still ended with a loss of 1.40%. Silver traded at as low as $13.24 by midmorning in New York, but it also rallied back strongly in the last few hours of trade and ended with a loss of just 0.22%. Full Story |
By: Gold Investments - 22 October, 2007
Gold was down 30 cents in New York on Friday from $763.90 to $763.60 but rose 1.9% for the week. It moved sharply higher when it opened in Asia this morning, trading as high as $768.10 before selling off in volatile trade. It was trading at $756.00/ 756.50 at 1200 GMT. Full Story |
By: Adrian Ash - 22 October, 2007
SPOT GOLD PRICES failed to recover a sharp overnight drop early Monday, sinking below $750 per ounce for the first time in 10 days to cap a run of eight weekly gains in nine. Full Story |
By: Chintan Karnani, Insignia Consultants - 22 October, 2007
The G7 meeting did not comment on the continuous slide of the US dollar. They instead made China a scapegoat for all their currency woes. Full Story |
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