Monthly Archives: November 2009

Business Day, Australia theage.com.au December 1, 2009 – 7:39AM   US gold futures ended higher Monday as the US dollar fell further, more than offsetting follow-through weakness and investors’ need to raise cash on the back of Dubai’s debt woes. … Continue reading →

Reuters Monday, November 30, 2009; 8:39 AM BEIJING (Reuters) – Dubai’s debt crisis could be China’s opportunity to snap up gold and oil assets, a senior Chinese official said in remarks published on Monday. No Chinese banks have yet reported … Continue reading →

by Patrick Hosking and David Robertson November 27, 2009 Fears of a dangerous new phase in the economic crisis swept around the globe yesterday as traders responded to the shock announcement that a debt-laden Dubai state corporation was unable to … Continue reading →

Buyers Take a Pass on Some Failed Banks  By Matthias Rieker People’s United Financial Inc. wanted to buy failed banks on the cheap. Instead, it struck a deal to buy a healthy equipment-leasing company. Last Monday’s change of plans by … Continue reading →

New gold bugs making gold investments mainstream Tudor, Paulson, Greenlight, Hayman bring precious metal in from the fringe By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — Gold has long been favored by a fringe of the investment world, but this … Continue reading →

By Millie Munshi and Nicholas Larkin Nov. 16 (Bloomberg) — Gold prices jumped to a record for the fourth time in six sessions as investors purchased the precious metal as an alternative to a slumping dollar. The U.S. Dollar Index, … Continue reading →

The precious metal recovers from an early bout of weakness as the dollar depreciates against other currencies. By Ben Rooney, CNNMoney.com staff reporter November 13, 2009: 12:42 PM ET NEW YORK (CNNMoney.com) — Gold prices rose Friday, recovering from earlier … Continue reading →

Wed Nov 11, 2009 10:54am EST NEW YORK, Nov 11 (Reuters) – U.S. gold futures hit a recordhigh near $1,120 an ounce on Wednesday, boosted by a dollardecline and strong investment demand spurred by renewedinterest by central banks toward bullion. … Continue reading →

  By Nicholas Larkin and Pham-Duy Nguyen Nov. 9 (Bloomberg) — Gold futures climbed to a record for the second straight session as the slumping dollar spurred demand for the precious metal as an alternative investment. The greenback slid to … Continue reading →