Aluminium
Wednesday, March 2, 2011
New York gold again closes at record high
Story link: New York gold again closes at record high
by Elaine Frei
by Elaine Frei
Gold closed out the floor trade session with its second new high in a row Wednesday, with April contracts ending $6.50 higher to $1,437.70 per troy ounce in New York trade. Gold followed oil prices higher as investors worried about new gains in oil prices, pushed upward by continuing civil unrest in oil producing regions [...]
Tuesday, March 1, 2011
Gold closes at new high on inflation fears
Story link: Gold closes at new high on inflation fears
by Elaine Frei
by Elaine Frei
Precious metals prices were higher Tuesday in New York trade, with April gold adding $21.30 to $1,431.30 per troy ounce, a new record high close. The gains for gold came after US Federal Reserve Chairman Ben Bernanke said before Congress that a long run of high oil prices would hurt the US economy, although he [...]