Gold Retreats as Dollar Gains, Silver Rises Slightly – March 9, 2010
US gold finished lower Tuesday as the dollar gained on the euro and investors preferred investments that were less risky. Prices closed down 0.2%, marking a more than one week low. Platinum fell by the same percentage. Silver, however, registered a modest 0.4% gain.
In New York precious metal prices, April gold lost $1.70 to $1,122.30 [...]
Bullion Prices
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/quotes_7a.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/lf_en_7.gif)
Optimal Solutions Acquires SAP Consulting Firm Budgetec - MarketWatch (press release) |
| MarketWatch.com, Tue, 9 Mar 2010 |
| Optimal Solutions Acquires SAP Consulting Firm Budgetec MarketWatch (press release) Optimal has achieved Premier-level status in the SAP Consulting Partner Program; is a Gold -level SAP Business All-in-One Partner and a Gold -level SAP ... and more » |
MGM MIRAGE Elects Bill Bible to the Board of Directors - MarketWatch (press release) |
| MarketWatch.com, Tue, 9 Mar 2010 |
| MGM MIRAGE Elects Bill Bible to the Board of Directors MarketWatch (press release) CityCenter, an unprecedented urban metropolis on the Las Vegas Strip with Gold and Silver LEED(R) certifications, is a joint venture between MGM MIRAGE and ... and more » |
Hochschild Mining Increases Holding in Gold Resource Corporation - MarketWatch (press release) |
| MarketWatch.com, Tue, 9 Mar 2010 |
| Hochschild Mining Increases Holding in Gold Resource Corporation MarketWatch (press release) Gold Resource Corporation will use the proceeds of the private placement for working capital as it ramps up to commercial production at its El Aguila ... and more » |
Stock futures edge lower on anniversary of rebound - MarketWatch |
| MarketWatch.com, Tue, 9 Mar 2010 |
| Stock futures edge lower on anniversary of rebound MarketWatch Gold futures also dropped, with the April contract down $7 to $1117 an ounce. The US dollar rose against most other major currencies, ... |
European Stocks Decline for Second Day; EADS, Antofagasta Slip - Bloomberg |
| Bloomberg.com, Tue, 9 Mar 2010 |
| European Stocks Decline for Second Day; EADS, Antofagasta Slip Bloomberg Petropavlovsk Plc, the third-largest producer of gold in Russia, slid 2.9 percent to 1019 pence as the precious metal declined for a second day. ... |
Starbucks Invites Customers on a Bold Coffee Journey - MarketWatch (press release) |
| MarketWatch.com, Tue, 9 Mar 2010 |
| Starbucks Invites Customers on a Bold Coffee Journey MarketWatch (press release) ... Cafe Estima Blend(R) Starbucks Fair Trade Certified Coffee begins on April 12; Gold Coast Blend(R) begins on April 19; and Sumatra begins on April 26. |
British shares back away from 18-month highs - MarketWatch |
| MarketWatch.com, Tue, 9 Mar 2010 |
| British shares back away from 18-month highs MarketWatch The dollar gained against the euro and sterling, and commodity futures -- which usually trade inversely to the dollar -- were lower, with gold futures down ... |
Asian markets mostly higher, China Life sparkles - MarketWatch |
| MarketWatch.com, Tue, 9 Mar 2010 |
| Asian markets mostly higher, China Life sparkles MarketWatch Resources plays around the region lost ground after outperforming Monday and as gold prices slipped. In Hong Kong, Zhaojin Mining Industry (SEHK:HK:1818) ... |
South African Rand Snaps Seven Day Rally as Gold, Platinum Fall - Bloomberg |
| Bloomberg.com, Tue, 9 Mar 2010 |
| South African Rand Snaps Seven Day Rally as Gold , Platinum Fall Bloomberg March 9 (Bloomberg) -- The rand snapped a seven-day winning streak as lower prices for gold and platinum dimmed prospects for earnings ... and more » |
Antofagasta Profit Falls After Copper Price, Output Decline - Bloomberg |
| Bloomberg.com, Tue, 9 Mar 2010 |
| Antofagasta Profit Falls After Copper Price , Output Decline Bloomberg It plans to complete by the end of the year development of the Esperanza project, which will produce 195000 tons of copper and 229000 ounces of gold a year. ... |
China not too keen on gold, says forex chief - MarketWatch |
| MarketWatch.com, Tue, 9 Mar 2010 |
| China not too keen on gold , says forex chief MarketWatch By MarketWatch HONG KONG (MarketWatch) -- China's appetite for gold as a way to diversify its foreign-exchange reserves is limited because of the metal's ... and more » |
Gold 'Unlikely' to Be Main China Reserve Investment - Bloomberg |
| Bloomberg.com, Mon, 8 Mar 2010 |
| Gold 'Unlikely' to Be Main China Reserve Investment Bloomberg “This may have a short-term negative impact on gold prices as one of the key reasons for the rally in the past year has been the expectation of central ... and more » |
Asian Shares Mixed; Regional Resources Plays Weigh - MarketWatch (press release) |
| MarketWatch.com, Mon, 8 Mar 2010 |
| Asian Shares Mixed; Regional Resources Plays Weigh MarketWatch (press release) Resources plays around the region lost ground after outperforming Monday and after the price of gold slipped in Monday's session. ... |
Asian Stocks Fall, Led by Mining Companies as Metal Prices Drop - Bloomberg |
| Bloomberg.com, Mon, 8 Mar 2010 |
| Asian Stocks Fall, Led by Mining Companies as Metal Prices Drop Bloomberg Zhongjin Gold Corp., China's second-largest bullion producer dropped 0.7 percent to 49.53 yuan in Shanghai after gold futures fell the most in a month ... |
Yen Strengthens as Exporters Bring Home Profits; Stocks Slide - Bloomberg |
| Bloomberg.com, Mon, 8 Mar 2010 |
| Yen Strengthens as Exporters Bring Home Profits; Stocks Slide Bloomberg Zhongjin Gold Corp. dropped 1.3 percent to 49.21 yuan after bullion prices fell the most in a month. Industrial & Commercial Bank of China Ltd., . |
PRECIOUS-Gold slips after 1 pct drop; stuck in range - Reuters |
| Reuters - New York, Mon, 8 Mar 2010 |
| PRECIOUS- Gold slips after 1 pct drop; stuck in range Reuters Speculators, who have built up positions in New York on worries about Greece's ability to repay its debt, may unwind holdings further but gold could find ... and more » |
Asian Shares Trade Flat; Investors Await Flurry Of China Data - MarketWatch (press release) |
| MarketWatch.com, Mon, 8 Mar 2010 |
| Asian Shares Trade Flat; Investors Await Flurry Of China Data MarketWatch (press release) Commodity-related stocks lost ground on weakness in gold prices with Mitsui & Co down 0.6% and Mitsubishi Corp. down 0.5% while chip shares rose, ... |
Goldstone Reports New Zones Discovered at Hardrock, Continued Success at Depth - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| Goldstone Reports New Zones Discovered at Hardrock, Continued Success at Depth CNNMoney.com (press release) ... has historical production of more than 4.1 million ounces of gold from high grade ore before being shut down primarily as a result of a $35 gold price . |
Minera Andes Reports Excellent Mid-season Drill Results at its Los Azules ... - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| Minera Andes Reports Excellent Mid-season Drill Results at its Los Azules ... CNNMoney.com (press release) Minera Andes is an exploration company exploring for gold , silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz . |
Arianne Resources Will be at the International Conference Phosphates 2010-Brussels - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| Arianne Resources Will be at the International Conference Phosphates 2010-Brussels CNNMoney.com (press release) Arianne Resources is a Canadian exploration company with the mission to explore and develop gold , silver and phosphorus-titanium deposits in Canada and ... and more » |
Gryphon Gold and Sage Gold Sign Option for JV for Borealis Gold Project Nevada - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| Gryphon Gold and Sage Gold Sign Option for JV for Borealis Gold Project Nevada CNNMoney.com (press release) The exercise of the Option is subject to conditions, including receipt of the approval of the Toronto Stock Exchange with respect to Gryphon Gold and the ... and more » |
North Bay Resources Inc.: NI 43-101 Resource Estimate on Capoose Property ... - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| North Bay Resources Inc.: NI 43-101 Resource Estimate on Capoose Property ... |
Capital Gold Corporation Completes Due Diligence on Nayarit Gold - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| Capital Gold Corporation Completes Due Diligence on Nayarit Gold CNNMoney.com (press release) While completing the due diligence process of Nayarit, Capital Gold continues to produce gold at an increased rate at its El Chanate mine in Sonora, Mexico. ... |
NovaGold Announces Additional US$75 Million Financing - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| NovaGold Announces Additional US$75 Million Financing CNNMoney.com (press release) "These groups have been following NovaGold for some time, recognizing both the near and long-term strategic value of our world-class gold and copper- gold ... and more » |
MAX receives drill permit for Table Top gold project in Nevada - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| MAX receives drill permit for Table Top gold project in Nevada CNNMoney.com (press release) V: MXR; OTCBB: MXROF; Frankfurt: M1D) has been issued a drill permit for a 16 hole core drill program to be conducted at its Table Top gold project in ... and more » |
Eastern Dragon Resource and Reserve Update - CNNMoney.com (press release) |
| CNNMoney.com, Mon, 8 Mar 2010 |
| Eastern Dragon Resource and Reserve Update CNNMoney.com (press release) These risks, uncertainties and other factors include, among others, the following: gold price volatility; risks of not meeting production and cost targets; ... and more » |
RPT-PRECIOUS-Gold ticks higher on euro; palladium near 2-yr high - Reuters India |
| Reuters - New York, Sun, 7 Mar 2010 |
| RPT-PRECIOUS- Gold ticks higher on euro; palladium near 2-yr high Reuters India Gold XAU= traded as high as $1136.85 an ounce and was at $1134.62 by 0447 GMT, steady with New York's notional close on Friday, when bullion in euro terms ... and more » |
Economic growth to keep metal prices strong - Reuters |
| Reuters - London, Sun, 7 Mar 2010 |
| Reuters Economic growth to keep metal prices strong Reuters The heads of gold , silver and palladium miners will also be in attendance after recording a strong performance in the past year. Analysts said they continue ... |
RPT-PRECIOUS-Gold tracks euro higher ahead of US payroll data - Reuters India |
| Reuters - New York, Thu, 4 Mar 2010 |
| RPT-PRECIOUS- Gold tracks euro higher ahead of US payroll data Reuters India Spot gold XAU= was at $1132.70 an ounce by 0258 GMT, up $1.25 from New York's notional close on Thursday, when it extended losses as investors booked profit ... and more » |
Gold drops as five-session winning streak snapped - Reuters |
| Reuters - New York, Thu, 4 Mar 2010 |
| Reuters Gold drops as five-session winning streak snapped Reuters NEW YORK (Reuters) - Gold fell on Thursday, snapping a five-session winning streak, as investors unwound positions added earlier this week due to a euro ... and more » |
Gold hits 6-1/2 week high - Reuters |
| Reuters - New York, Wed, 3 Mar 2010 |
| Reuters Gold hits 6-1/2 week high Reuters NEW YORK /LONDON (Reuters) - Gold rose to 6-1/2 week highs on Wednesday as the euro's recovery against the dollar amid easing worries about a Greek debt ... and more » |
Continental Air to charge for extra legroom - Reuters |
| Reuters - New York, Wed, 3 Mar 2010 |
| Continental Air to charge for extra legroom Reuters Platinum members typically fly 75000 miles a year, while gold members fly 50000 miles a year. Silver members, who fly about 25000 miles a year, ... |
PRECIOUS-Gold slips despite firm euro; holds near 6-week high - Reuters |
| Reuters - New York, Tue, 2 Mar 2010 |
| PRECIOUS- Gold slips despite firm euro; holds near 6-week high Reuters Platinum hit a 1-month high on buying from Japanese speculators. Spot gold XAU= was at $1132.85 an ounce by 0251 GMT, down $1.65 from New York's notional ... |
Gold hits record high in euros, sterling - Reuters |
| Reuters - New York, Tue, 2 Mar 2010 |
| Reuters Gold hits record high in euros, sterling Reuters NEW YORK (Reuters) - Gold rallied to a six-week high in dollar terms and hit record highs versus sterling and the euro on Tuesday, as uncertainty about ... and more » |
FTSE up 0.2 percent; banks higher as HSBC recovers - Reuters |
| Reuters - London, Tue, 2 Mar 2010 |
| FTSE up 0.2 percent; banks higher as HSBC recovers Reuters L) added 1.4 percent as the gold price reached a new record when priced in sterling, while Mexican silver miner Fresnillo (FRES. ... |
PRECIOUS-Gold edges down as euro gyrates; off 1-week high - Reuters |
| Reuters - New York, Mon, 1 Mar 2010 |
| PRECIOUS- Gold edges down as euro gyrates; off 1-week high Reuters Spot gold XAU= was at $1117.33 an ounce by 0304 GMT, down $1.07 from New York's notional close on Monday, when it rose to its highest in almost a week at ... and more » |
UPDATE 1-Mexican miner Penoles posts 2.3 bln peso profit - Reuters India |
| Reuters - London, Mon, 1 Mar 2010 |
| UPDATE 1-Mexican miner Penoles posts 2.3 bln peso profit Reuters India Both gold and silver prices spiked in November but gave up some of their gains by the end of the quarter. Spot silver prices XAG= ended the quarter up 5 ... |
Gold eases in dollar terms but jumps in sterling - Reuters |
| Reuters - London, Mon, 1 Mar 2010 |
| Reuters Gold eases in dollar terms but jumps in sterling Reuters Gains in industrial metals after a massive earthquake in Chile helped silver prices to rise, analysts said. Holdings of the world's largest silver ... |
PRECIOUS-Gold climbs as dollar retreats, commodities rise - Reuters India |
| Reuters - London, Mon, 1 Mar 2010 |
| PRECIOUS- Gold climbs as dollar retreats, commodities rise Reuters India LONDON , March 1 (Reuters) - Gold prices rose in Europe on Monday as the euro recovered early losses to firm versus the dollar, with the yellow ... and more » |
Miners lead European shares higher in early trade - Reuters India |
| Reuters - London, Mon, 1 Mar 2010 |
| Miners lead European shares higher in early trade Reuters India Miners gained after copper prices MCU3=LX rose following disruption to supplies following an earthquake in Chile. Gold and silver were also higher. and more » |
Low-key Canadians exit Games on a gold medal high - Reuters |
| Reuters - London, Sun, 28 Feb 2010 |
| Reuters Low-key Canadians exit Games on a gold medal high Reuters It is the most medals Canada has won in any Olympics, winter or summer, and will cost Canadian organizers some C$1.7 million ($1.6 million) in prize money ... |
Silver Prices End Higher Through Final Three Weeks in February |
| SilverCoinsToday.com, Sat, 27 Feb 2010 |
| Silver prices ended on stronger notes through the final three weeks of February after having tumbled nearly 20% during the three prior weeks, and by more than $1 in the first week of the month alone. Despite gold declining slightly over the past week, silver -- which often follows the yellow metal -- was higher in both New York and London with respective weekly gains of 0.7% and 1.1%. (.. |
Gold slips on stronger dollar - Reuters |
| Reuters - London, Thu, 25 Feb 2010 |
| Reuters Gold slips on stronger dollar Reuters LONDON (Reuters) - Gold prices fell in Europe on Thursday as the euro slipped back toward a nine-month low versus the dollar, pressured by persistent ... and more » |
Gold drops below $1100/oz as US data disappoints - Reuters |
| Reuters - London, Wed, 24 Feb 2010 |
| Reuters Gold drops below $1100/oz as US data disappoints Reuters Silver was at $15.85, up slightly from $15.82 an ounce. Platinum at $1504 an ounce, down from $1510 and palladium slipped to $419.50 from $428.50. .. |
Silver Surges for Second Straight Week |
| SilverCoinsToday.com, Sat, 20 Feb 2010 |
| Silver rallied for a second straight week after plunging nearly 20% during the three prior weeks. New York silver futures surged ahead 6.3% since last Friday while the fix in London boosted the metal by 4.0% during the same time period. For the most part, and as imparted last week , silver has been following gold's direction which in turn has headed opposite of the U.S. dollar. |
Silver Weekly Prices Jump 4.2% in New York |
| SilverCoinsToday.com, Sat, 13 Feb 2010 |
| Silver prices marked gains in the second week in February after tumbling nearly 20% during the three prior weeks. Despite slight losses on Friday, weekly silver prices jumped 4.2% in New York and 1.1% in London. For the most part, silver followed gold's direction, and gold moved opposite of the US dollar. The greenback was driven mostly by news from Europe and China. |
Silver Plunges 8.1% in New York, 6.7% in London |
| SilverCoinsToday.com, Sat, 23 Jan 2010 |
| Silver prices fell of a cliff this week in both New York and London. The metal suffered respective weekly losses of 8.1 percent and 6.7 percent. Price declines began to slope lower on Wednesday, after gold struggled following news that China was beginning to tighten bank lending which boosted the US dollar. Gold generally moves opposite of the greenback, and silver typically tracks the yellow metal's direction. |
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/palladium/t24_pd_en_usoz_2.gif)
