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Gold Slips on Firmer Dollar

October 19, 2009 4:58 pm by Anton Eljwizat

Gold steadied around $1,055 an ounce on Monday after falling more than $10 last week, as the dollar pared recent losses, prompting the precious metal to consolidate from record highs hit earlier last week.

The Time to be in the Market is Now

October 13, 2009 4:23 pm by Anton Eljwizat

Gold rallied to an intraday record Tuesday as the dollar weakened and investors remain concerned about the threat of inflation. Gold has been on a record-breaking run since prices rose firmly above $1,000 an ounce last month.

Gold Currently Overvalued

October 13, 2009 12:20 pm by Anton Eljwizat

Gold climbed to a record high at $1,063 on Tuesday as a weakening dollar boosted demand for the commodity as an alternative investment.