Market Updates

Gold Rises On Weaker Dollar

Ivaylo
17 Aug, 2006
Metals

    The market is reacting well to the slightly weaker U.S. dollar. The reaction of the market seems to back the attitude of the Fed of a slightly slowing economy that is going to keep inflation relatively in check and reduce the need for further rate hikes. That has put a little pressure on the dollar.

[R]5:30AM Gold and silver advance on weakened dollar.[/R]
December gold ended $6.10 higher to $639 a troy ounce on the NYME, while September silver added 20 cents to $12.285. October platinum finished up $9.60 at $1,251 an ounce. September palladium rose $11.70 to $336.40 an ounce.The September copper contract closed 5.75 cents lower at $3.47 per pound on news that union workers softened their demands as talks resumed with company officials.

September light, sweet crude oil finished $1.15 lower at $71.90 a barrel, the front-month contract's first close below $72 since June 27. September gasoline fell 1.41 cents to $1.975 a gallon. September heating oil fell 0.85 cent to $2.015 a gallon. September natural gas settled down 9.5 cents at $6.766 a million British thermal units. On the New York Board of Trade, September Arabica coffee ended 2.10 cents higher at $1.0285 a pound. Futures on raw sugar in foreign ports for October ended down 0.14 cent at 12.65 cents a pound.

Annual Returns

Company Ticker 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Earnings

Company Ticker 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008