Gold rises as investors see bargains, bet on continued uncertainty

October 5, 2011 1:21 PM35 comments
Gold rises as investors see bargains, bet on continued uncertainty

Gold rose Wednesday as bargain-hunting investors bought contracts, convinced that continuing economic uncertainty will bolster the value of precious metals. Gold for December delivery rose $25.60, or 1.6 per cent, to $1,641.60 an ounce. December silver gained 51.3 cents, or 1.7 per cent, to close at $30.352. Gold prices have […]

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US Market Update

10:22 AM33 comments
US Market Update

Stocks are turning in a lackluster performance in early trading on Wednesday, as traders expressed continued uncertainty about the global economic outlook. The major averages have been bouncing back and forth across the unchanged line. Currently, the major averages are all in negative territory, posting modest losses. The Dow is […]

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Stock slide continues , commodities, earnings, international, stocks, currencies

October 4, 2011 7:15 AM41 comments
Stock slide continues , commodities, earnings, international, stocks, currencies

TORONTO (eMediaWorld) October 4, 2011 Toronto’s resource-heavy main stock index gave back even more ground early Tuesday after increased risk aversion on Greek debt default worries battered global equities and commodities. The S&P/TSX composite index tumbled another 350.72 points, or 3.1%, to open Tuesday’s trading at 10,901.12 The Canadian dollar […]

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