IBTimes.com RSS Feed - CommoditiesInternational Business News - CommoditiesGold Investments Market Update - Important Charts: Gold is Very Oversold and Likely at Seasonal Lows- August 13, 2008 Goldfinished trading in New Yorkon Friday at $809.70,down $11.80and silver wasdown3cents to $14.44. Goldrose in Asianand early European trading and is trading at $821.10821.60 per ounce(1000 GMT). Gold&039;s recent merciless sell off continued yesterday. But the dollar&039;s incredible five day surge appeared to come to an end yesterday, with a sell off on Wall Street (on concerns abou...http://www.ibtimes.com/articles/20080813/gold-investments-market-update-important-charts-g... Demand Destruction Applies to Bullion as Well- August 13, 2008 Overnight action in the gold market was on the subdued side, as Indian buyers took a break from buying the metal in anticipation of prices nearer or under $800. The metal continued to be unable to overcome near-term resistance at $825 and was stalled near $815 with the threat of a dip to the $775 to $$795 area still visible - especially if oil prices get any closer to $110 and the US dollar to 76....http://www.ibtimes.com/articles/20080813/demand-destruction-applies-to-bullion-as-well.htm Monsoon Weddings Soon. Will Gold be Invited- August 12, 2008 Showing no signs that it has found a near-term bottom, gold continued to lose ground for an eighth session today, erasing its year-to-date gains, plunging to a low of $801.90 per ounce, and turning into bear territory. The metal ignored the whole Russo-Georgian conflict, as well as today&039;s mild fallback in the dollar and stocks, and continued the pattern of margin call sales and long liqui...http://www.ibtimes.com/articles/20080812/monsoon-weddings-soon-will-gold-be-invited.htm Agriculture futures close trading mixed on CBOT- August 12, 2008 Agriculture futures finished mixed Tuesday on the Chicago Board of Trade. Wheat for September delivery slipped 3.5 cents to end at $7.9025 a bushel; December corn rose 11.5 cents to close at $5.285 a bushel; December oats rose 1 cent to finish at $3.765 a bushel; and November soybeans rose 18 cents to end at $12.14 a bushel.http://www.ibtimes.com/articles/20080812/agriculture-futures-trade-mixed-on-cbot.htm PRECIOUS METALS: Gold futures fall for eighth straight session- August 12, 2008 Gold futures fell for an eighth session on Tuesday, making it the longest tumble in 7 years on the heels of a broader decline in the commodities market, while the dollar gained.http://www.ibtimes.com/articles/20080812/gold-silver-dollar-oil-precious-metals-commoditie... The Sound of Silence- August 12, 2008 Showing no signs that it has found a near-term bottom, gold continued to lose ground in overnight trading and erased its year-to-date gains, plunging to $801.90 per ounce and turning into bear territory. The metal was the subject of long liquidation by funds and did not fully meet the anticipated bargain hunting demand from India.http://www.ibtimes.com/articles/20080812/the-sound-of-silence.htm PRECIOUS METALS STOCKS MAJOR BUY ALERT...- August 12, 2008 If you take a stroll around the financial district of any big city such as London, New York or Tokyo, you will walk past countless well dressed and groomed men, in smart suits and ties with tidily coiffured hair and neatly clipped nails, and if you listen to their conversations you will observe that many of them speak softly in measured tones. The image conveyed is one of poise and professionalism...http://www.ibtimes.com/articles/20080812/precious-metals-stocks-major-buy-alert.htm Peak Oil Review -- Aug 11th, 2008- August 11, 2008 Forces coalesced this week to bring about another $10 a barrel drop in oil prices. General concern about the prospects for the US and other OECD economies topped the list, but a strengthening dollar resulting in a flight fromhttp://www.ibtimes.com/articles/20080811/peak-oil-review-aug-11th-2008.htm PRECIOUS METALS: Gold futures plunge to lowest level of 2008- August 11, 2008 Gold futures plunged to its lowest level of the year on Monday as the dollar gained, lowering the investment appeal of the metal as an alternative investment.http://www.ibtimes.com/articles/20080811/gold-dollar-oil-precius-metals-commodities-russia... Agriculture futures close trading mixed on CBOT- August 11, 2008 Agriculture futures finished mixed Monday on the Chicago Board of Trade. Wheat for September delivery rose 28.5 cents to end at $7.9375 a bushel; December corn dipped 1.25 cents to close at $5.17 a bushel; December oats rose 0.25 cent to finish at $3.755 a bushel; and November soybeans rose 15.5 cents to end at $11.96 a bushel.http://www.ibtimes.com/articles/20080811/agriculture-futures-open-trading-higher-on-cbot.h... |