TOOLS NEW YORK - Precious metals prices surged Tuesday, pushed higher by a drop in the dollar and expectations that ongoing electrical power problems in South Africa will lead to a protracted decline in platinum and gold supplies. Other commodities also rallied, with crude closing above $100 a barrel for the first time and soybean futures hitting a record high. A national power shortage in South Africa, the world's largest platinum producer and second largest gold producer, has left major mining companies operating at 90 percent of their usual energy supply,...
Gold slips with oil price a dollar shows strength
Stockhouse
Stockhouse
NEW YORK (MarketWatch) -- Gold futures fell more 1% early Tuesday, as strength in the U.S. dollar and declining oil prices brought pressure to bear on investment demand for the precious metal. Gold for June delivery...
Gold hits 4-month low of $847 as dollar zips ahead
The Times Of India
The Times Of India
LONDON: Gold slipped to a four-month low below $850 an ounce on Thursday, as a sharp rise in the dollar lowered gold’s appeal as an alternative investment and triggered a sell-off in precious metals. Silver...
Gold falls with dollar rise
Dawn
Dawn
LONDON, May 12: Gold fell on Monday after erasing overnight gains, as the dollars recovery against key currencies lowered the metals appeal as an alternative investment. The metal, traditionally seen as a safe-haven...
Gold hits 4-month low below $850 as dollar rises
Khaleej Times
Khaleej Times
LONDON - Gold slipped to a four-month low below $850 an ounce on Thursday, as a sharp rise in the dollar lowered gold's appeal as an alternative investment and triggered a sell-off in precious metals. Silver and...
Gold hits 1-week low on dollar; physical buyers emerge
Khaleej Times
Khaleej Times
LONDON - Gold fell to its lowest in a week in Europe on Wednesday as the U.S. dollar held gains against other currencies, but jewellers and other physical buyers resurfaced in Asia and the Middle East. Spot gold hit a...
Silver likely to drop faster than gold once the dollar stabilizes
International Herald Tribune
International Herald Tribune
: Investment money flooding into silver has overwhelmed poor fundamentals and helped it to outperform gold, but the tide could be turning for precious metals and the probability of large losses is rising. Silver's price...

