Posts Tagged ‘precious metal’
Key gauge says that stocks are dirt cheap now
With the market down three weeks in a row, investors are understandably grim. But there is a silver lining.
Silver - Business - Investing - Precious metal - United States
Gold rush drives price to new high
(SINGAPORE) Gold surged to a new record yesterday, crossing the US$1,090 level for the first time, a day after the International Monetary Fund announced a massive sale of the metal to India.
The precious metal touched US$1091.1 an ounce by late afternoon – up 2.8 per cent from US$1061.50 a day ago.
Analysts said a weaker dollar could push prices to US$1,100 an ounce.
Indeed, traders say gold is… more



