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Mon, 14/05/2012 - 10:02 by Sam Ross
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.
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Tue, 09/08/2011 - 15:11 by Dipankar Roy
Amid downgrade of the U.S. credit rating by Standard & Poor, gold prices rose to $1,700 an ounce on Monday.
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Tue, 21/12/2010 - 09:57 by Rick Aristotle ...
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.
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Fri, 10/12/2010 - 06:51 by Prince damin
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.
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Thu, 09/12/2010 - 09:47 by Prince damin
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.
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Sat, 04/12/2010 - 07:52 by Prince damin
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.
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Thu, 02/12/2010 - 09:45 by Prince damin
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.
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Wed, 01/12/2010 - 06:51 by Prince damin
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.
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Tue, 30/11/2010 - 07:56 by Prince damin
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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Thu, 25/11/2010 - 06:53 by Prince damin
New York -- Gold prices fell in New York Wednesday as equities rebounded and the dollar index was flat, falling 0.06 percent.
On Wall Street, equities recovered from Tuesday's losses, the Dow Jones industrial average tacking on 150.91 points, up 1.37 percent to 11,187.28.
On the Comex division of the New York Mercantile Exchange gold prices lost $4.30 to $1,375.40. Crude oil prices for January delivery added $2.93 to $84.18 per barrel.
The dollar was mixed Wednesday before a U.S. holiday. The U.S. dollar fell against the Australian dollar and the South Korean won. It made headway in trades with the euro and the British pound.
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Wed, 24/11/2010 - 06:08 by Prince damin
New York -- Gold prices rose in New York despite a sharp climb in the dollar index as investors fled equities Tuesday.
The dollar index rose 1.28 percent from 78.64 to 79.69.
In late afternoon trading, gold prices on the Comex division of the New York Mercantile Exchange added $18.70 to $1,376.50. Crude oil prices for January delivery lost 76 cents to $80.98 per barrel.
The sell-off in equities was sparked by jitters over the escalating hostilities in North and South Korea, which exchanged artillery fire over disputed territory in the western maritime border.
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Tue, 23/11/2010 - 07:04 by Prince damin
New York -- Gold prices rose in New York while oil prices with the dollar up slightly on Monday.
The dollar index rose 0.17 percent from 78.53 to 78.64.
In late afternoon trading, gold prices on the Comex division of the New York Mercantile Exchange added $13.40 to $1,365.70. Crude oil prices for January delivery lost 34 cents to $81.64 per barrel.
While the index rose slightly, the dollar was mixed across the board. The U.S. standard fell against the Australian dollar and the South Korean won and rose against the British pound and the Russian ruble. It fell against the South African rand and rose against the euro.
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