Tag Archives: dollar weakness

Capital Gold Group Report: Dollar Weakness & Oil Strength Feed Gold’s Risk Aversion Traits

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Gold Futures Climb to two-and-a-half-month High By Polya Lesova & Myra P. Saefong, MarketWatchLast update:  11:45 a.m. EDT July 1, 2008 SAN FRANCISCO (MarketWatch) — Gold futures climbed Tuesday to their highest level since mid-April, as weakness in the dollar … Continue reading

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Capital Gold Group Report: DOW SINKS 300 POINTS AS GOLD BACK OVER $900 AND OIL HITS RECORD $140

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DOW LOWEST IN 21 MONTHS   NEW YORK (CNNMoney.com) — Gold prices jumped Thursday, rising back above the psychologically important $900 mark, on renewed fears about the health of the U.S. economy. Gold for August delivery settled at $32.80 to … Continue reading

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Capital Gold Group Report: Inflationary Pressures to Send Gold Back Over $1,000/oz

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03.27.08, 9:48 AM ET LONDON (Thomson Financial) – Gold extended earlier losses as the dollar gained ground against the major currencies on relief that the revised US GDP reading for the fourth quarter did not yield any nasty surprises. The … Continue reading

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Capital Gold Group Report: Gold Resumes Upward March as Dollar Falls Sharply

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EARLY RALLY IN GOLD AS DOLLAR FALLS SHARPLY By Polya Lesova, MarketWatch Last update: 10:08 a.m. EDT March 25, 2008 NEW YORK (MarketWatch) — Gold futures rallied 1% early Tuesday, gaining as weakness in the U.S. dollar boosted demand for … Continue reading

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Capital Gold Group Report: GOLD BREAKS $1,000 BARRIER

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NEW YORK (MarketWatch) — Gold futures briefly broke the psychologically important level of $1,000 an ounce Thursday, propelled by ongoing dollar weakness and bleak news from the financial sector. Gold soared as high as $1,001 an ounce on the New … Continue reading

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