record-gold

Gold Prices Today Explode in a Delayed Reaction to Fed’s QE

Everyone was waiting to see how long it would take the market to punish the U.S. dollar and reward gold and silver investors, and it happened today, as prices have soared to over $1,380 an ounce, another new record.Gold prices before the anticipated announcement had been more benign than expected, and even though no one believed there wouldn’t be another round of quantitative easing by the

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Freeport (NYSE:FCX), Goldcorp (NYSE:GG), Newmont (NYSE:NEM) Soar on Rising Gold Prices

Freeport-McMoRan Copper & Gold (NYSE:FCX), Newmont Mining (NYSE:NEM) and Goldcrop (NYSE:GG) made nice upward moves today as the price of gold soared to another record high, with December delivery gold prices reached as high as $1,375.70.Spot gold was at $1,370 a 1:25 PM EDT.Freeport was among the leaders in the sectors, pushing up to $99.45, gaining $4.32, or 4.45 percent at 1:25 PM EDTGoldcrop

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Gold Prices Today Soar to Record High

Gold prices today surged to another record high, as gold futures for December delivery increased by $10.20 to $1,308.80 an ounce in early trading. That breaks last weeks record of $1,302.30 an ounceAt 1:00 PM EDT, spot gold had risen $14.80 to $1,309.40 an ounce, also a record.While gold usually moves up on economic bad news, when it retains support in the face of good economic news, you know it

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Barclays (NYSE:BCS) Sees Gold Remaining Strong in Fourth Quarter

With fundamentals expected to remain in place, Barclays (NYSE:BCS) believes gold will continue to perform strongly in the fourth quarter. Barclays said “we maintain our view for the fourth quarter of this year to be the strongest quarter on record yet for gold prices, with downside corrections finding support from the seasonally strong period for fabrication demand with the forthcoming wedding

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Gold Price Closes Week at $1,255.10

Gold prices on Friday closed only about $3 below their all-time high, finishing the day at $1,255.10. The all-time closing high for gold is $1,258.30.Crushing economic news during the week ensures gold will continue on its upward run in the near term, as news housing starts plummeted over 30 percent and the GDP in the u.S. was downwardly revised for the third time for the first quarter.The news

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Gold Prices Today Reach New Record High on Weak Economy

Economic data released on Thursday confirmed what many gold investors have known for some time, that is we’re really not in an economic recovery, and gold will continue to be the key place to put our money for safety and retaining wealth.Gold prices continue to break records again, after yesterday’s all-time record close, and gold reaching another record today, surging past $1,260.00 an ounce for

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