Gold investors are partying like it's 1849.
Gold powered through $1,100 an ounce Friday after the U.S. government said the nation's unemployment rate rose more than expected last month, fueling demand for the metal as a safe haven.
Gold pared gains Wednesday after hitting an all time high, but still settled at record levels after the Federal Reserve's latest policy statement came in as expected.
Gold prices surged to a record high Tuesday after the International Monetary Fund said it had sold 200 metric tons of the precious metal to India's central bank.
With the price of gold as high as it's ever been, more people are rummaging through their dresser drawers, safe-deposit boxes and anywhere else they can to trade their forgotten bling for a thick wad of cash.
Gold closed slightly lower Wednesday, after surging above $1,070 an ounce, as investors positioned themselves just prior to the release of the Federal Reserve meeting minutes.
Gold rhit another record on Tuesday as investors remained concerned about the threat of inflation.
Gold prices have gained luster as of late and many expect it to keep shining as investors look to hedge themselves against the threat of inflation and a weak U.S. dollar.
Gold surged to a record high Tuesday after a news report sparked widespread talk about the U.S. dollar being unseated as the currency for trading oil.
Gold prices settled Wednesday at their highest point as the dollar slumped and inflation concerns boosted demand for the metal as a hedge against rising prices.
Gold investors are partying like it's 1849.
Gold powered through $1,100 an ounce Friday after the U.S. government said the nation's unemployment rate rose more than expected last month, fueling demand for the metal as a safe haven.
Gold pared gains Wednesday after hitting an all time high, but still settled at record levels after the Federal Reserve's latest policy statement came in as expected.
Gold prices surged to a record high Tuesday after the International Monetary Fund said it had sold 200 metric tons of the precious metal to India's central bank.
With the price of gold as high as it's ever been, more people are rummaging through their dresser drawers, safe-deposit boxes and anywhere else they can to trade their forgotten bling for a thick wad of cash.
Gold closed slightly lower Wednesday, after surging above $1,070 an ounce, as investors positioned themselves just prior to the release of the Federal Reserve meeting minutes.
Gold rhit another record on Tuesday as investors remained concerned about the threat of inflation.
Gold prices have gained luster as of late and many expect it to keep shining as investors look to hedge themselves against the threat of inflation and a weak U.S. dollar.
Gold surged to a record high Tuesday after a news report sparked widespread talk about the U.S. dollar being unseated as the currency for trading oil.
Gold prices settled Wednesday at their highest point as the dollar slumped and inflation concerns boosted demand for the metal as a hedge against rising prices.
Gold prices settled at a new record high of $1,006.40 on Friday, rallying ahead of the $1,000-an-ounce mark for the third time this week.
Gold prices surged past the $1,000-an-ounce mark Tuesday amid investor concerns about inflation and the weakness of the dollar.
Are gold investors starting to sense something wrong that others are missing?
Gold prices charged higher Thursday, with another run at $1,000 an ounce looking increasingly likely, as the dollar remains weak and concerns about inflation boost demand for the metal.
Gold prices rose to a record high above $1,007 an ounce Friday as stocks continued to fall and investors flocked to the metal to preserve capital.
Oil prices fell below $35 a barrel Tuesday, while gold prices jumped to a fresh seven-month high, amid concerns about weak demand for energy and increased safe-haven buying of hard assets.
The price of gold continued to climb Friday after a bout of grim economic news increased the precious metal's safe-haven appeal.
How can you tell that this is yet another panic phase of the market? You can look at plunging stock prices. But the recent surge in the price of gold really tells the story.
The price of gold fell to a two-week low Monday as the U.S. dollar rallied on new details about President-elect Barack Obama's fiscal stimulus plan.
Gold prices posted their biggest one-day jump ever Wednesday, as jitters over the health of the financial sector sent stocks tumbling and the dollar weakened.
The price of gold fell Tuesday amid a broad retreat in commodities led by oil, as the damage caused by Hurricane Gustav appeared less severe than expected.
A rebounding dollar, sinking commodity prices and a seasonal jewelry sales lull have sent gold prices into a virtual nosedive in the past month.
Gold prices jumped Thursday, rising back above the psychologically important $900 mark, on renewed fears about the health of the U.S. economy.
Don't look now but the price of gold is back above $900 an ounce.
Stocks rallied Thursday afternoon as falling commodity prices and signs of recovery in the manufacturing sector helped offset a surprise jump in jobless claims and a weak outlook from FedEx.
Gold prices tumbled Wednesday, as the dollar regained strength, to sink nearly $100 below its record high set Monday - leaving some traders wondering if this is the beginning of the end for gold's impressive run.
Gold prices sunk below $1,000 Tuesday as the dollar roared back after the Federal Reserve's announcement that it would cut a key interest rate by three-quarters of a percentage point
World stock markets were shaken Thursday as problems facing the ailing U.S. economic juggernaut continued to send ripples of fear through investors.
Gold prices touched the $1,000 milestone for the first time Thursday as the dollar plunged amid nagging fears about the health of the U.S. economy.
With gold prices recently crossing the $1,000 an ounce threshold, investors looking for ways to join in the gold rush will have to navigate volatile waters.
Gold prices surged to a record Wednesday, closing to within $5 of the $1,000 milestone, as a combination of record-high oil prices and the continued devaluation of the dollar brought buyers back into the market.
Gold prices retreated Tuesday afternoon, after reaching an all-time high last week, as investors locked in profits and showed signs of trepidation ahead of the psychologically important $1,000-an-ounce level.
Gold prices surged Friday as dollar weakness and a brutal selloff on Wall Street sent investors in search of a safe haven.
Stocks slumped Thursday after comments from Fed chair Ben Bernanke on the banking sector and weak reports on economic growth and the jobs market revived worries about a recession.
Stocks slumped Thursday after comments from Fed chair Ben Bernanke on the banking sector and weak reports on economic growth and the jobs market revived worries about a recession.
The price of gold dipped slightly Friday but gained 4.6 percent on the week as economic uncertainty has made investors look to precious metals for security.
Gold prices continued to skyrocket Thursday on the falling U.S. dollar, supply concerns and high world-wide demand.
Investors have bid up the price of bonds and gold in recent weeks as growing concerns about the economy have fueled demand for safe-haven investments.
Stocks struggled Thursday, ending mixed, as investors mulled a jump in factory orders, near record oil and gold prices and a stronger-than-expected reading on private sector employment ahead of Friday's government jobs report.
Stocks tanked Wednesday, the first trading day of 2008, as oil and gold prices at record highs and a report showing contraction in the manufacturing sector raised worries about the threat of recession.
Gold prices surged into record territory Wednesday as lingering geopolitical concerns and a spike in oil prices fueled demand for the precious metal.
Gold settled at a record high for the second day in a row, closing at $835.20 Thursday, as investors continued to seek stability in precious metals.
Better buy your bling now. The price of gold is climbing.
Stocks slumped Friday afternoon after a surprise drop in August payrolls raised worries that the problems in the housing and financial markets are spreading to the rest of the economy.
Stock declines accelerated Friday morning, after the government reported a surprise decline in August payrolls, the first drop in four years.
Key precious metals tumbled in late trading Thursday as bullion investors sold their holdings following declines in stock markets and increased worries about credit market troubles.
Stocks fell Friday, with the Dow Jones industrial average down for the third straight session, as investors focused on higher oil and gold prices in addition to a Federal Reserve official's comments on inflation.
Stocks fell Friday, with the blue-chip average down for the third straight session, as investors eyed higher oil and gold prices ahead of comments from a Federal Reserve official.
Stocks slumped Friday afternoon, with the blue-chip average falling for a third session as investors eyed higher oil and gold prices and comments from a Federal Reserve official.
Stocks slumped Friday afternoon, as investors extended the two-day selloff in blue chips amid higher oil prices and some jitters ahead of the weekend.
Stocks were mixed Thursday morning, as surging oil and gold prices and a run up in Treasury yields gave investors a reason to hesitate, one day after the Dow Jones industrial average hit its highest close ever.
There is gold you can hold and gold you can fold. Which one an investor chooses will likely come down to individual preference as well as the price outlook.
Along with higher inflation and global instability, one important driver of the gold price this year is expected to be the increasing demand for jewelry in developing countries.
When the price of gold shot past $600 last month for the first time in 25 years, I figured I'd missed a big opportunity. Now it has risen past $700. Will it go higher still? Is there a way for me to benefit?
Gold rose to a 25-year high above $700 an ounce on Wednesday, prompting some investors to take profits on bullion's sharp rally this year, while platinum surged to a record high on speculative buying.
There was a time when investors didn't want gold bars anywhere near their portfolios, but it's long forgotten now.
A plunge in gold prices and stocks Thursday may have been just the start of a needed correction in a sector that has surged substantially of late, analysts said.
Stocks struggled higher Monday morning, as upbeat earnings from Citigroup and others vied with concerns about rising oil and gold prices, and the ten-year note yield still topping 5 percent.
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Gold struggled to find a footing Wednesday after early buying was overwhelmed by investor selling that at one point sliced two percent from prices.
When gold prices jump, it usually means trouble lurks.
Gold rising along with the dollar -- and with oil jumping to record highs near $60 a barrel -- may signal a pickup in inflation ahead.
The price of gold remains above $450, the highest level in 16 years. And many market watchers expect the price to go higher still in 2005.
Gold closed at a 16-year high in New York Friday, helped along by continued weakness in the dollar in world currency markets.
As gold prices hover near 16-year highs, it's been difficult for the average investor to get pure exposure to the precious metal, but that will change next week.
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