Tag Archive | "gold"

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Gold Rises Near 4-Month High

Posted on 14 July 2008 by admin

Lewa Pardomuan / Reuters | Monday, July 14, 2008

Gold extended gains on Monday, hovering near its highest level in almost four months hit last week, and record high exchange-traded fund holdings suggested flight-to-safety buying was gaining pace.

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Gold hits 3-mth high on firm oil, platinum up 2 pct

Posted on 12 July 2008 by admin

Jan Harvey / Reuters | July 11, 2008

Gold climbed to a three-month high in Europe on Friday, supported by firmer oil, while platinum extended gains made in Asia to rise 2 percent.

Spot gold was at $949.00/950.00 an ounce at 5:23 a.m. EDT, up from $944.10/945.30 late in New York on Thursday. Earlier it touched a session high of $949.10, its strongest since April 17.

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