Monthly Archives: July 2011

Bloomberg.com By Pham-Duy Nguyen Jul 29, 2011 11:29 AM PT Gold futures rose to a record $1,637.50 an ounce on demand for an investment haven amid mounting concerns on the U.S. debt impasse and signs of a faltering economy. U.S. … Continue reading →

Yahoo! News By David L. Garrett July 28, 2011 Discussions about the U.S. going back to the “gold standard” are floating in the media and with politicians. Gold is trading at historically high levels fueled in part by inflation fears … Continue reading →

Commentary: Our broken political culture assures a downgrade MarketWatch.com By Howard Gold July 27, 2011 NEW YORK (MarketWatch) — It’s been a hot summer, and it’s been even hotter in Washington, where Democrats and Republicans have been burning down the … Continue reading →

Reuters By Andy Sullivan and Richard Cowan WASHINGTON | Mon Jul 25, 2011 6:20pm EDT (Reuters) – Top lawmakers rolled out dueling debt plans on Monday that offered little prospect for compromise, increasing the threat of a ratings downgrade and … Continue reading →

25 July 2010, 2:24 p.m. By Jim Wyckoff Of Kitco News (Kitco News) – Comex gold and silver futures prices closed the day session higher Monday, with August gold powering to another new all-time record high of $1,624.30 an ounce. … Continue reading →

Reuters By Julie Haviv NEW YORK | Mon Jul 25, 2011 4:54pm EDT (Reuters) – The dollar slumped to a record low against the Swiss franc and a four-month trough versus the yen on Monday, with more losses seen if … Continue reading →

Reuters Sun Jul 24, 2011 8:23pm EDT By Jim Regan (Reuters) – Gold rose to fresh record high on Monday as talks over lifting the debt ceiling appeared to be stalling just days before the August 2 deadline, raising the … Continue reading →

Kitco.com By Jim Wyckoff 18 July 2010, 2:23 p.m. (Kitco News) – Comex gold and silver futures prices closed solidly higher Monday on more safe-haven investment demand amid the debt crises playing out in Europe and the U.S. The debt … Continue reading →

CNNMoney.com By Aaron Smith July 18, 2011 NEW YORK (CNNMoney) — Gold prices broke a new record Monday, topping $1,600 an ounce, driven by concerns over mounting debt in the United States and Europe. Gold futures for August delivery settled … Continue reading →

Reuters By Frank Tang NEW YORK | Mon Jul 18, 2011 3:54pm EDT (Reuters) – Gold marched to a record above $1,600 on Monday, stretching its rally to an unprecedented eleventh day on fears that U.S. lawmakers could fail to … Continue reading →