Monthly Archives: April 2010

30 April 2010, 10:54 a.m. EDT By Daniela Cambone Of Kitco News Montreal (Kitco News) — Gold hit a 2010 high above $1,175 an ounce on Friday, mostly fuelled by short covering and momentum funds said George Gero, vice president … Continue reading →

By Claudia Assis & Kate Gibson, MarketWatch April 28, 2010, 4:55 p.m. EDT SAN FRANCISCO (MarketWatch) — Gold futures finished at their highest since early December and notched a fourth consecutive winning session Wednesday as a debt ratings downgrade for … Continue reading →

* Lower growth could make it harder to cut deficit (Updates throughout with Fitch, Moody’s, comments) NEW YORK/MADRID, April 28 (Reuters) – Standard & Poor’s on Wednesday cut its ratings on Spain by one notch to AA from AA-plus, saying … Continue reading →

Jan Harvey LONDON Thu Apr 29, 2010 10:54am EDT (Reuters) – Gold firmed on Thursday as persistent fears over euro zone debt levels underpinned prices, though a recovery in risk appetite kept the metal below the previous session’s 2010 highs. … Continue reading →

Gold Gains on Safe-Haven Buying as European Sovereign Debt Fears Heightened By Jim Wyckoff 27 April 2010, 2:18 p.m. Comex gold futures closed higher, nearer the session high and hit a fresh three-week high Tuesday as traders sought out gold … Continue reading →

23 April 2010, 04:37 p.m. EST By John Dourekas Of Kitco News Hong Kong (Kitco News) — Gold will most likely double from its current $1150 an ounce during the course of the bull market, according to Puru Saxena, founder … Continue reading →

NEW YORK (The Street) — Gold prices were rising Friday as Greece awaits financial aid from the EU and IMF and the euro rebounds. Gold for June delivery was up $5.80 to $1,148.70 an ounce at the Comex division of … Continue reading →

Hong Kong (Kitco News) — The rising price of gold is far from over since paper money will continue to lose value, according to Marc Faber, editor and publisher of The Gloom, Boom & Doom Report. “If you have $100 … Continue reading →

By Tom Barkley and Bob Davis APRIL 20, 2010 WASHINGTON—Greece’s upheaval could mark the starting point of a “new phase” in the global financial crisis, one marked by escalating concerns about sovereign debt, the International Monetary Fund warned Tuesday. “Higher … Continue reading →

Marcy Gordon, AP Business Writer, On Friday April 16, 2010, 11:22 pm EDT WASHINGTON (AP) — The government on Friday accused Wall Street’s most powerful firm of fraud, saying Goldman Sachs & Co. sold mortgage investments without telling the buyers … Continue reading →