Dollar Lower, Gold Up in Europe

Dollar Lower, Gold Up in Europe
Washington Post - LONDON — The U.S. dollar was mostly lower against other major currencies in European trading Tuesday. Gold prices rose. The euro traded at $1.3734, up from $1.3623 late Monday. Later, in midday trading in New York, the euro fetched $1.3712. Other

UPDATE 5-Gold hits 1-month high as dollar hits lifetime low
Reuters UK - Against this backdrop, it is likely that gold prices will be strong in the coming days.” Spot gold rose as high as $669.05 an ounce and was quoted at $667.20/668.00 by 2:30 p.m. EDT (1830 GMT), up from $660.30/660.90 late in New York on

Stock Prices Turn Higher in Early Trading
Newsday - Gold prices rose. Crude oil futures fell 23 cents to $72.58 a barrel in pre-opening trading on the New York Mercantile Exchange, ahead of the Energy Department’s weekly report on U.S. oil and gasoline inventories. Aside from the oil report, there

U.S. Dollar Falls, Gold Up in Europe
MSN MoneyCentral - LONDON (AP) - The U.S. dollar’s slide continued Wednesday morning as the greenback hit a record low against the euro and a 26-year low against the British pound. Gold prices rose. The euro traded at $1.3746, up from $1.3729 late Tuesday. The euro

Average gold prices could jump 10% this year
Gulf News - London: Average gold prices will jump nearly 10 per cent this year and gain further in 2008 as a weaker dollar outlook, less aggressive sales by central banks and physical demand will boost investor interest, a Reuters poll showed yesterday. The

Grim forecasts, oil prices sink stocks
Philadelphia Inquirer - Gold prices rose. The financial and retail sectors experienced significant losses on jitters about subprime lending and consumer spending. JPMorgan Chase & Co., American Express Co., and Wal-Mart Stores Inc. were the big losers among the 30 companies