Tag Archives: inflation

Capital Gold Group Report: Last Chance to Buy Gold in a Consolidation before Typical Autumn Rally?

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NEW YORK (MarketWatch) — Gold futures lost more ground Thursday after tumbling more than $40 in the past two sessions, as the U.S. dollar continued to gain against other major currencies. Gold for August delivery edged down $1.80 to $921 … 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: GOLD CLIMBS ON INFLATION CONCERNS, IRAN TENSIONS

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“Dollar is going to get slammed again.”    By Pham-Duy Nguyen June 26 (Bloomberg) — Gold surged the most in 16 months on speculation the Federal Reserve won’t rush to raise borrowing costs to curb inflation. Silver jumped the most … Continue reading

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Capital Gold Group Report: Gold Ends Quarter up 10.3%

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by Polya LesovaLast update: 2:49 p.m. EDT March 31, 2008 NEW YORK (MarketWatch) — Pressured by a firmer dollar, gold futures finished down sharply on Monday and for the month of March, but the precious metal advanced 10.3% during the … Continue reading

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Capital Gold Group Report: First Day of Q2 = Buying Opportunity in Gold

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Dollar’s temporary “come-back” creates strong buying opportunity in gold. Last update: 10:44 a.m. EDT April 1, 2008 Gold for June delivery tumbled $41.80, or 4.5%, to $879.70 an ounce on the New York Mercantile Exchange. Other metals futures were also … Continue reading

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Capital Gold Group Report: Weak Dollar, Inflation Concerns, High Oil = Rising Gold

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GOLD RISES AS DOLLAR WEAKNESS CONTINUES TO SPUR BUYING LONDON, Mar. 26, 2008 (Thomson Financial delivered by Newstex) — Gold rose while the dollar remained weak, oil prices ticked up and fund money returned to the commodity sector. Bullion fell … Continue reading

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Capital Gold Group Report: Gold regains strength after failure to break $1000 level

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March 10, 2008 Gold bounced today on bargain hunting after a failure to break through the $1 000 an ounce barrier spurred selling last week, while speculators bought platinum on dips. Expectations of further interest rate cuts in the United … Continue reading

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Capital Gold Group Report: Gold Investments Market Update

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GoldSeek – 2/8/08 Gold was up $5.90 to $906.40 per ounce in trading in New York yesterday and silver was up 23 cents to $16.74 per ounce. Gold continued to rally in Asia and surged in early trading in Europe … Continue reading

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GOLD ADDS TO RECENT RALLY

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Friday, February 08, 2008 2:46:40 PM – Gold closed higher on Friday in U.S. trading, adding to the gains from the two previous sessions. April gold finished at $922.30 an ounce, up $12.30 on the day. The precious metal reached … Continue reading

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“. . . THE DOLLAR AIN’T WHAT IT USED TO BE . . .” EUROPEANS ALSO BUYING RECORD AMOUNTS OF GOLD WITH THEIR EUROS

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NEW YORK (Reuters) – In the latest example that the U.S. dollar just ain’t what it used to be, some shops in New York City have begun accepting euros and other foreign currency as payment for merchandise. “We had decided … Continue reading

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