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Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:388:\"mktime(): It is not safe to rely on the system\'s timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone \'UTC\' for now, but please set date.timezone to select your timezone.\";s:5:\"%file\";s:93:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords_extra/nodewords_extra.module\";s:5:\"%line\";i:401;}', 3, '', 'http in /home/themoney/public_html/includes/database.mysql.inc on line 135

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Latest gold prices news and updates

Money Matters - Simplified

gold prices

Sensex up 684 points after US Fed announcement

Stocks and currencies in emerging markets led an Asian rally following the surprising decision by the US Federal Reserve to keep its massive stimulus programme intact. Asian stock markets alike Dalal Street's Sensex rose about 684 points making it a good rally Thursday.

Gold hit lowest mark in 2012 as dollar strengthens

Precious metal Gold hit the lowest mark in the first quarter of 2012 as investors show less interest in it and invested largely on Dollar and strengthens it.

Gold prices soar as US rating credit dips

Amid downgrade of the U.S. credit rating by Standard & Poor, gold prices rose to $1,700 an ounce on Monday.

4 Dividend Stocks Showing You the Money


Dividend checks continue to get fatter in Corporate America, as more companies jack up their distribution rates. Readers of the Income Investor newsletter can certainly appreciate that kind of thinking. Let's take a closer look at some of the companies that inched their payouts higher this past week.

Gold and dollar little changed Thursday

New York -- Gold prices held steady Thursday in New York as equities were mixed and the dollar turned flat after three days of increases.

The Dow Jones industrial average lost 2.42 points or 0.02 percent. The Standard & Poor's index climbed modestly, adding 4.72 points or 0.38 percent to 1,233.00.

The dollar index rose 0.08 percent, a relatively flat performance, but one that comes after gains of 0.5 percent Tuesday and 0.17 percent Wednesday.

On the Comex division of the New York Mercantile Exchange gold added $3.10 to $1,386.30 per troy ounce. Crude oil prices for January delivery added 17 cents to $88.45 per barrel.

Gold shifts lower as dollar gains

New York -- Gold prices fell sharply Wednesday in New York, losing $26.10 or 1.8 percent, as equities scratched out slim gains and the dollar continued to rise.

The Dow Jones industrial average held its ground, adding 13.32 points or 0.12 percent. The Standard & Poor's index fared slightly better, gaining 0.37 percent, 4.53, to 1,228.28.

The dollar index, which rose 0.5 percent in the previous trading session, rose 0.17 percent Wednesday.

On the Comex division of the New York Mercantile Exchange gold dropped to $1,382.60 per troy ounce. Crude oil prices for January delivery lost 12 cents to $88.57 per barrel.

The euro fell to $1.3262 from Monday's $1.3274. Against the yen, the dollar rose to 84.02 yen from Monday's 82.66 yen.

Gold catches updraft, tops $1,400

New York -- Gold prices jumped in New York Friday topping $1,400 per troy ounce as equities looked weak most of the day and gold appeared a little safer.

The Dow Jones industrial average made late gains to tack on 16.92 points or 0.15 percent to 11,379.09, extending a streak of wins to a third day.
But closing higher seemed unlikely most of the day as a strong, two-day rally was derailed early by a Labor Department report that said the economy added only 39,000 jobs in November, far less than anticipated.

On the Comex division of the New York Mercantile Exchange gold added $20.80 to $1,410.10. Crude oil prices for January delivery added $1.44 to $89.19 per barrel.

Gold gains on weaker dollar

New York -- Gold prices rose in New York Monday as equities moved sharply higher and the dollar index moved lower, down 0.64 percent.

The Dow Jones industrial average surged higher, up 2.27 percent. The Standard & Poor's index gained 2.16 percent, while the Nasdaq index gained 2.05 percent.

Investments found support from improved fundamentals with payroll firm Automatic Data Processing Inc. reporting private sector jobs rose for the 16th consecutive month in November

On the Comex division of the New York Mercantile Exchange gold prices gained $2.50 to $1,388.60. Crude oil prices for January delivery added $2.66 to $86.77 per barrel.

Gold climbs with equities in slump

New York -- Gold prices rose sharply in New York Monday as a losing streak continued on Wall Street.

The Dow Jones industrial average lost ground for the third consecutive trading session and the fifth day out of the past six.

The DJIA lost 46.47 points or 0.42 percent. The Standard & Poor's index dropped 0.61 percent, losing 7.21 points to 1,180.55.

On the Comex division of the New York Mercantile Exchange gold prices gained $17.60 or 1.2 percent to $1,385.10. Crude oil prices for January delivery lost $2.02 to $83.71 per barrel.

Gold, a haven, gains with dollar flat

New York -- Gold prices rose in New York Monday as equities closed lower on worries a $90 billion bailout for Ireland did not cordon off investor fears in Europe.

The Dow Jones industrial average spent most of the day clawing back from early losses, closing with a loss of 39.51 points or 0.36 percent, to 11,052.49. The Standard & Poor's index dropped 0.14 percent, losing 1.64 points to 1,187.76.

Stocks were mostly higher in Asia, but lower in Europe Monday. Investors are concerned a flight from bond markets could spread to Portugal and from there to Spain, a far larger economy than the European Union has attempted to rescue so far.


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