DJIA plunges 513 Points, Largest Drop Since 2008 (08/05/2011)
Posted: August 5, 2011NEW YORK (AP) — The stock market is finishing its worst day since the financial crisis.The Dow Jones industrial average plunged more than 500 points Thursday. Investors are c... read more.
2011-08-05 Analysts Look For More Gains In Gold
Posted: August 5, 2011(Kitco News) - Gold may well extend its recent gains next week as worries about the economy and debt levels in the U.S. and peripheral European nations persist.Nevertheless, there ... read more.
United States loses AAA credit rating from S&P
Posted: August 5, 2011NEW YORK (Reuters) - The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday in an unprecedented reversal of fortune for the world's largest eco... read more.
Central Banks Continue Buying Gold To Diversify Portfolios (08/04/2011)
Posted: August 4, 2011(Kitco News) - Gold purchases by South Korea and Thailand this summer continue a trend in which central banks are net purchasers of the metal as they look to diversify their foreig... read more.
Gold Powers to Another All-Time High on Strong Safe-Haven Demand
Posted: August 3, 2011Kitco News) - Comex gold futures prices closed the U.S. day session higher but near mid-range on some late profit taking in an impressive show of follow-through buying strength fro... read more.
Forcast: Fundamentals In Place For Gold To Finish 2011 At $1750 (08/03/2011)
Posted: August 3, 2011Gold’s bull-run continues strong as ever, with Nomura forecasting the price of the shiny metal will reach $1,750 an ounce by the end of 2011 on continued Asian demand, rising... read more.
Gold Underpinned By Downgrade Worries, Economy, European Debt Issues
Posted: August 2, 2011Kitco News) – Gold keeps finding new catalysts to rise and hit record highs Tuesday despite news reports showing Republicans and Democrats are on the verge of resolving the d... read more.
Gold Prices Take Debt Deal in Stride
Posted: August 1, 2011NEW YORK (TheStreet ) -- Gold prices were selling off slightly as a bipartisan deal to raise the debt ceiling heads to Congress for a vote later today. Gold for December delivery w... read more.
Wall Street ends worst week in year on debt stalemate
Posted: July 29, 2011NEW YORK (Reuters) - Stocks ended the worst week in a year as time runs out on Washington to reach agreement before the government loses its ability to borrow money.The S&P 500... read more.
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