gold prices

Stocks Plunge and Oil Spikes
on Libya Turmoil

The Dow suffered a steep triple-digit loss Tuesday as turmoil in Libya ignited a global sell-off in stocks. Oil prices rose sharply, as did safe-haven assets such as Treasurys and the dollar. Disappointing news from Walmart didn't help matters.

Wall Street Is Bracing
for a Rocky Week

Deadly clashes in Libya sent shockwaves through various markets yesterday, setting the stage for more turbulence in the sessions ahead. Gold and oil have already spiked higher on world markets, and U.S. investors will also see some big earnings and economic reports.

Dow Rallies on Tech Stocks. Next Stop 12,000?

Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share repurchase program by $10 billion. The index last saw 12,000 in June 2008 -- on the way down.

U.S. Stocks Get a Lift From Portugal and the Dollar

Stocks closed broadly higher Wednesday after Portugal's government had no trouble in tapping global debt markets, helping ease European debt fears. The euro gained at the dollar's expense, which lifted a broad basket of commodities as well as U.S. equities.

Is Gold a Bubble About to Pop? These Charts Say No

Some say the precious metal will keep rising, others that it's tracing out a classic speculative bubble soon to burst. Nobody has a crystal ball, but an "agnostic" technical analysis of the charts provides some good clues about gold's future.

In the New Gold Rush, Equipment Suppliers May Strike It Rich

The uncertain economy, high unemployment, and near record high prices for gold are luring droves of dreamers to the gold fields. But while some prospectors may find their fortunes, the biggest beneficiaries of the new gold rush will probably be the suppliers who support the intrepid ore-hunters.

Will Silver Outshine Gold
Again in 2011?

Everybody knows gold had a great year in 2010, rising 27% and beating most other investments. But silver actually did much better, climbing a breathtaking 83%. Can the "poor man's gold" continue to beat its more expensive big brother? Many analysts think so.

For Recession Victims, Gold Mining Pans Out

It's not hard to see why Gold Rush: Alaska, the Discovery Channel's new series on present-day gold prospectors has hit pay dirt. More than just a part of American history, panning for gold in the field can be a reasonable option for some unemployed.

Will a Rising Dollar Hammer Down Gold?

A rapidly growing list of reports shows a U.S. economic recovery that's far stronger than most had anticipated just months ago. And both deflation and inflation seem less likely to explode. All this is boosting the dollar -- and could soon dim the gold bugs' argument.

Stocks Vault as Ireland Fears Wane and GM Debuts

On Thursday, stocks clawed back nearly of the week's prior losses. Lifing investors' spirits were an easing of concerns over Irish debt, GM's IPO and some surprisingly positive economic reports.

It's Time for a New Reserve Currency: Meet the Mondo

For a host of reasons, other countries would love to free their economies from the stranglehold of the U.S. dollar's influence, especially now, when the Fed's stimulus actions are pushing the dollar lower, and everything else higher. Global finance expert Peter Cohan has a simple answer: The Mondo.

Gold Hits Another Record, Closing at $1,370.50

Gold prices struck another record closing price today, settling at $1,370.50 an ounce on the Comex, as investors continued to look for safe investments in the wake of currency volatility. Gold reached its 16th record high in five weeks

Stocks Soar on Services Growth and Japan's Rate Cut

The Dow surged nearly 200 points, while inflation fears propelled gold to another record close. The Institute for Supply Management said its services index rose to 53.2 last month from 51.5 in August. Economists had expected the measure to rise to 52.

Wealthy Investors Are Diving Into Gold by the Ton

The very rich have begun to hedge what they see as a dangerous financial world by buying gold -- in some cases literally by the ton. Recent reports show that several banks have begun advising their wealthiest individual clients put as much as 10% of their assets into the precious metal.

The Dow Notches Its Best September in 71 Years

Despite the last day's profit-taking slippage, it was a September to remember for stocks, especially after their gruesome performance in August. It's all the more noteworthy because September is hardly a highlight month historically.

Gold Hits Record of $1,308.90 After Price Drop

Gold prices reached a record $1,308.90 an ounce Tuesday after earlier price declines and continued low interest rates spurred investors to buy bullion. Gold, which earlier had its biggest intraday decrease in more than two months, reached a record high for the eighth time in two weeks.

Gold Prices Reach New High Above $1,300 an Ounce

Gold continued its record-breaking climb, reaching a new high above $1,300 an ounce. Gold for December hit $1,300 an ounce on Globex, then slipped to $1,299.40 an ounce, a 0.2% increase from Thursday%u2019s closing price, according to MarketWatch.

Goldline Marketing Practices Under Fire on Capitol Hill

Glenn Beck's favorite gold company was dragged to Capitol Hill Thursday to answer questions regarding its marketing and sales practices. Goldline, the omnipresent pusher of gold coins in radio and TV ads (and for whom Beck was a paid spokesman), is under fire from Rep. Anthony Weiner for scamming its customers.

Gold Reaches Record High, Could Hit $1,300 This Year

Gold prices hit a record high Tuesday and may reach a record $1,300 an ounce later this year as investors fearing debt crises and potential inflation from interest rate cuts may put more of their money into the precious metal.

Should You Join the Crowd Piling Into Gold?

Thanks to the Greek debt crisis and other economic shocks, investors have been rushing into gold all year. Is this just a herd mentality at work, or is it a wise assessment of the economic road that lies ahead?

Polishing Your Portfolio: Is Silver the New Gold?

Because of its industrial applications and its inherent value as a precious metal, silver -- which has doubled in price since the beginning of the recession -- could help protect investors against market uncertainty, recovery or not.

Forget the Records -- Gold Bugs Have It All Wrong

Gold prices have cooled off -- just a bit -- since notching a nominal all-time closing high last week. But the outlook for it looks as glimmering as ever -- according to both inflationists and deflationists, alike. And that's the problem.

Who in the world owns all that gold?

Today's gold price shows that people believe in the intrinsic value of gold. Which countries have the largest hoards of the lovely yellow stuff?...

Wall Street's China Investments Need a Dose of Reality

With China's blistering growth and huge foreign reserves, Wall Street often cites the country in whatever sales lures it throws out for investors. But Beijing rarely cooperates with Wall Street's fantasies. (with video)