23 Jun '11, 2pm

Comex Gold, Silver Lower as U.S. Dollar Index Stronger, Crude Oil Sharply Lower

(Kitco News) - Comex gold and silver futures prices are trading solidly lower Thursday morning, as sharply lower crude oil prices and a stronger U.S. dollar index today are prompting selling pressure. Profit-taking is also featured as the precious metals have scored decent gains recently. August gold last traded down $13.30 an ounce at $1,540.10. Spot gold last traded down $8.60 an ounce at $1,540.00. July Comex silver last traded down $0.564 at $36.175 an ounce. The Wednesday afternoon FOMC statement and Fed Chairman Bernanke press conference saw a downbeat assessment of the U.S. economy. That led to selling pressure in the stock market and in key commodity markets, which has also put downside price pressure on the precious metals. Ironically, the Fed's downbeat economic assessment has worked to boost the U.S. dollar index. Some of the greenback's support Thursday is due ...

Full article: http://sg.news.yahoo.com/comex-gold-silver-lower-u-dollar...

Tweets

Comex Gold, Silver Weaker amid Lower Crude Oil,...

sg.news.yahoo.com 20 Jun '11, 9pm

(Kitco News) - Comex gold and silver futures prices are trading modestly lower Monday morning, as lower crude oil prices a...

Crude Oil May Bounce on EU Summit, Gold Chart C...

sg.news.yahoo.com 23 Jun '11, 12pm

Looking ahead, the absence of energy-specific economic data for the remainder of the week ought to see the link between cr...

Aviation stocks rally on fall in crude oil

sg.news.yahoo.com 24 Jun '11, 8am

Mumbai, June 24 (PTI) Led by Jet Airways (India), aviation stocks surged by up to 10 per cent in morning trade on the BSE ...

US dollar gains on euro, yen after Fed meeting

channelnewsasia.com 22 Jun '11, 9pm

NEW YORK: The US dollar rose against the euro and yen on Wednesday after the US Federal Reserve confirmed that it would co...

Several questions raised when the lower half of a body was found floating in Bedok Reservoir

Several questions raised when the lower half of...

straitstimes.com 24 Jun '11, 12am

Several questions were raised when the lower half of a body was found floating in Bedok Reservoir on Monday. --ST PHOTO: C...

US asks China for lower tension at sea

US asks China for lower tension at sea

channelnewsasia.com 26 Jun '11, 7am

HONOLULU, Hawaii - The United States on Saturday called for China to lower tensions in the South China Sea through dialogu...

Facing Facts: Only Transportation Choices Can Trump Oil Addiction

Facing Facts: Only Transportation Choices Can T...

switchboard.nrdc.org 23 Jun '11, 6pm

As you've probably read or heard by now, the President and his staff have arranged through the International Energy Agency...

$149.99 name brand drivers from Callaway, Cleve...

golfdiscount.com 26 Jun '11, 7pm

GolfDiscount.com was founded in 1995 with the goal of becoming the premiere destination for Golf Equipment online. Placing...

Twitter index: the Twitter rumor mill runs on h...

sg.news.yahoo.com 23 Jun '11, 10am

According to some microbloggers, BET's 106 & Park host and radio personality "Rocsi" was caught stealing from teen clothin...

Government controlled oil stocks | Energy Bulletin: Here is the recent history of government controlled oil stoc...

Government controlled oil stocks | Energy Bulle...

energybulletin.net 25 Jun '11, 8am

International Energy Agency (IEA) Executive Director Nobuo Tanaka announced today that the 28 IEA member countries have ag...

Silver, gold fall on global cues

sg.news.yahoo.com 02 Jul '11, 11am

Mumbai, Jul 2 (PTI) Silver and gold prices fell further at the bullion market here today on moderate selling by stockists ...

Silver falls 0.29 pc on overseas cues

sg.news.yahoo.com 22 Jun '11, 8am

New Delhi, June 22 (PTI) Silver prices fell by 0.29 per cent in futures trade today as speculators reduced their positions...