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Gold traders bullish over best start to year in 3 decades
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January 28, 2012 01:26 AM
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Gold traders are bullish for a fourth consecutive week, betting that the Federal Reserve’s pledge to keep interest rates low until late 2014 will extend the metal’s best start to a year in more than three decades. Nine of 15 surveyed by Bloomberg expect prices to gain next week. The...
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Gold hits record high, silver soars as debt crisis boosts demand
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July 14, 2011 01:05 AM
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LONDON: Gold prices climbed to a record high in New York on concern that Europe’s debt crisis will spread. Silver prices surged the most since March 2009. Ireland joined Portugal and Greece Tuesday as the third eurozone nation to have its credit rating cut to below investment grade. The...
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