Metals - Copper nears 8,000 usd as dollar plunges; gold, oil spike
Posted October 30, 2007
Metals - Copper nears 8,000 usd as dollar plunges; gold, oil spike
CNBC - (Updates prices, adds details) LONDON (Thomson Financial) - Copper surged towards 8,000 usd as the dollar plunged to a new record lows against the euro, making metals like copper cheaper for holders of other currencies, and as oil and gold prices
Sterling hits 26-year high against dollar
Financial Times - Meanwhile commodity linked currencies fell back following strong gains on Monday as oil and gold prices retreated from record levels. The Canadian dollar, which struck a 47-year high on Monday, eased 0.3 per cent to C$0.9560 against the dollar. The
Gold Climbs, Approaches $800, as Oil Surges, Dollar Tumbles
Bloomberg - Five of the past six bear markets for the U.S. currency boosted gold prices. Crude-oil futures reached a record $93.20 a barrel today. Mexico shut a fifth of its production. Middle East tensions involving Iran, the world’s second-largest
Oct 24, 4:28 PM EDT
Associated Press - Gold prices rose. The National Association of Realtors said sales of existing homes fell 8 percent in September - the largest decline on the books dating to 1999 and nearly double the 4.5 percent drop economists had forecast - while the median home
Overview: Oil and gold rise as dollar falls
Financial Times - A surge in oil and gold prices boosted global resources stocks on Monday, while the dollar was undermined by rising expectations of a US rate cut. The heat in the commodities markets was underlined by rising freight rates. The Baltic Dry index, a
Metals - Copper surges towards 8,000 usd as dollar plunges; gold, oil
CNBC - LONDON (Thomson Financial) - Copper surged towards 8,000 usd as the dollar plunged to a new record lows against the euro, making metals like copper cheaper for holders of other currencies, and as oil and gold prices rallied to new highs. The metal
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