Gold ‘may hit $2000, end long bull-run’Gold may reach a record high above $2,000 an ounce in late 2012 or early 2013, but the precious metal is nearing the end of a decade-long run that has lifted prices by more than 600 per cent, metals consultancy GFMS said on Tuesday. Gold h More… |
Gold 'to drop in Q1, far from retesting highs'Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders. More… |
Gold retreats from record as markets recoverGold prices retreated from early record highs near $1,900 an ounce on Monday, as a rebound in stock markets from last week's lows gathered pace, denting interest in so-called safe haven assets like German bunds and bullion. Although th More… |
Gold hits record high again; unease deepensGold rallied back to record highs on Thursday, driven by unease over the lack of a solution to the European debt crisis and sluggish growth in the developed world. Gold hit $1,816.25 in London shortly before 1200 GMT, b More… |
Gold hits record high on dollar concernsGold hit a record high on Thursday as the softer dollar and uncertainty about economic and financial stability persuaded investors to seek a safe place to park their assets. Strong investment demand also pushed spot silver to $20.75 an oun More… |
DGCX Euro Futures hits record daily highEuro Futures volume recorded a daily high on Dubai Gold & Commodities Exchange (DGCX) reaching 2,963 contracts, valued at $191.5 million – for the first time in its three-year history. February 4th was the busiest day for Euro futures More… |
Corn prices hit record highCorn prices rose to record highs on Monday and looked set to climb further as torrential rains threatened to reduce further US crop prospects in a market already facing tight supplies and surging demand. The lead July 2008 corn futures con More… |
Oil hits new record above $118 a barrelOil rose to a record high above $118 on Tuesday, boosted by a jump in oil demand last month from China, the world's second biggest energy consumer, and worries about supply from key producers Russia and Nigeria. US light crude for May deli More… |