Tuesday 23 April 2024
 
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Record high

Gold ‘may hit $2000, end long bull-run’

Gold may reach a record high above $2,000 an ounce in late 2012 or early 2013, but the precious metal is nearing the end of a decade-long run that has lifted prices by more than 600 per cent, metals consultancy GFMS said on Tuesday. Gold h

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Gold 'to drop in Q1, far from retesting highs'

Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders. 

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Gold retreats from record as markets recover

Gold prices retreated from early record highs near $1,900 an ounce on Monday, as a rebound in stock markets from last week's lows gathered pace, denting interest in so-called safe haven assets like German bunds and bullion. Although th

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Gold hits record high again; unease deepens

Gold rallied back to record highs on Thursday, driven by unease over the lack of a solution to the European debt crisis and sluggish growth in the developed world. Gold hit $1,816.25 in London shortly before 1200 GMT, b

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Gold hits record high on dollar concerns

Gold hit a record high on Thursday as the softer dollar and uncertainty about economic and financial stability persuaded investors to seek a safe place to park their assets. Strong investment demand also pushed spot silver to $20.75 an oun

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DGCX Euro Futures hits record daily high

Euro Futures volume recorded a daily high on Dubai Gold & Commodities Exchange (DGCX) reaching 2,963 contracts, valued at $191.5 million – for the first time in its three-year history. February 4th was the busiest day for Euro futures

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Corn prices hit record high

Corn prices rose to record highs on Monday and looked set to climb further as torrential rains threatened to reduce further US crop prospects in a market already facing tight supplies and surging demand. The lead July 2008 corn futures con

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Oil hits new record above $118 a barrel

Oil rose to a record high above $118 on Tuesday, boosted by a jump in oil demand last month from China, the world's second biggest energy consumer, and worries about supply from key producers Russia and Nigeria. US light crude for May deli

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