Archive for May, 2008

May 09 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

Gold
A firm note tracked the Gold price overnight and it is currently $888.90. Closing above $880 adds to that positive tone and the next resistance level stands at $897. The London AM Gold Fix at 1030 GMT this morning was at $887.25, £453.906 and €573.604 (from $872.25, £445.48 and €568.61 yesterday). […]

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May 08 2008

Keeping US petrol below $4/gallon one pump at a time

Published by Ed Murphy under Commentary

Dubbed as the only way that gas will stay below four dollars a gallon, US papers have picked up on an interesting story that has arisen out of the huge increase in Oil prices over the last few years.
The Seattle Post Intelligencer reports:

As gas prices rise, some stations with older pumps are encountering an unexpected […]

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May 08 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

 
Gold
Gold traded around the $870.00 mark overnight with silver tracking movements around the $16.60 level. The London AM Gold Fix at 1030 GMT this morning was at $872.25, £445.48 and €568.61 (from $878.00, £446.38 and €565.25 yesterday).

Gold continues to range between $850 and $880 and direction is destined […]

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May 07 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

Gold
Gold achieved $882.75 per ounce in NY trading yesterday but failed to keep above the $880 resistance level. Silver touched $16.89 overnight down 11 cents from yesterday’s high of $17.00. The London AM Gold Fix at 1030 GMT this morning was at $878.00, £446.38 and €565.25 (from $863.50, £434.64 €556.74 last […]

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May 02 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

Gold
The sharp sell off in the precious metal markets continued yesterday with gold down $13.80 to $848.90 per ounce in trading in New York yesterday and silver down 38 cents to $16.12 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $854.25, £429.92 and €551.31 (from $863.50, £434.64 […]

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