Gold price rises as dollar falls
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Employee of foreign exchange trading company walks past the rate of ...Source: Reuters -
Man moves past electronic board displaying graph of movement of ...Source: Reuters -
Man walks past an electronic board displaying the movement of exchange ...Source: Reuters -
Man walks past an electronic board displaying a graph of the movement ...Source: Reuters
Copper prices also rose above $6,000 a tonne, as the weaker dollar made metals cheaper for non-US investors...Kazkhhmys up 6.9%, followed by Randgold (5.3%), Antofagasta (3.5%), Vedanta (4.5%), and Anglo American (4.4%). Commodities analyst Robin Bhar, said the fall in the value of the dollar had...
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READ MORE: Russia, China, Gulf Arab, Japan, France, U.S, Saudi Arabia, central bank, arab states, oil price
News Stories
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- News Source: 7days | about 1 month agoGulf oil exporters will stay with the dollar as the curr-ency for trading crude, a source in the UAE central bank said yesterday. “They are going to stay with the dollar,” the source told Reuters, asking not to be named. “For so long oil...
- News Source: Sify News | about 1 month agoDubai, Oct 6 (DPA) The director of Saudi Arabia's central bank Tuesday denied press reports suggesting that Gulf states had held secret talks to replace the dollar as the prime currency on world oil markets. 'There is absolutely no truth to this...
- News Source: Star Tribune | about 1 month agoThe dollar tumbled Tuesday, hitting a 14-month low against the Australian currency and circling year lows against the euro, after an interest rate increase from the Australian central bank signaled other countries might increase their rates. A report...
- News Source: Xtra News | about 1 month agoThe dollar's future as the world's top currency was thrown into doubt on Tuesday as a report said Arab states had launched secret moves with China and Russia to stop using the greenback for oil trading. Arab states have launched moves with China,...
- News Source: Russia Today | about 1 month agoNo single currency will replace the dollar” 06 October, 2009, 16:53 A switch from using the dollar as a world currency could hurt countries whose assets are mostly in dollars, says Ronald Smith, head of research at Alfa-Bank The UK’s...
- News Source: Fox News | about 1 month agoGold futures rose by more than 1% early on Tuesday, following a U.K.-newspaper report that Gulf oil producers, in concert with China, Russia, Japan and France, are planning to eventually end dollar-based oil pricing. The dollar came under pressure...
Blogs
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- Blog Source: blog.taragana.comCommodities rebound as stocks rise, dollar fallsNEW YORK — Commodities prices rebounded Monday as signs of growth in the service sector boosted investors' confidence and sent them back into riskier assets. ... Instead of a turn around Tuesday, we..
- Blog Source: www.theepochtimes.comBritain media reported Gulf Arab states were had secret plans to replace the US dollar in the trading of oil.
- Blog Source: netjobs42.blogspot.comThe correlation between the US dollar and the gold price is very interesting. A falling dollar usually pushes gold prices up, so when the dollar falls, gold usually rises. For instance, the dollar is down 15% in 2009, while gold is up ...
- Blog Source: worldmarketsguide.blogspot.comA rebound in oil prices also helped. Crude futures had been as low as $68.05 per barrel, but rallied to finish with a 0.7% gain at $70.41 per barrel. Oil Up 0.61%, above $70 in NYC trade as stocks rise, USD falls. Gold ... USD: The U.S. dollar
- Blog Source: allamericangold.comGold Gains in New York, Erasing Earlier Loss, as Dollar Eases Gold rose in New York, erasing an earlier loss, as the dollar pared gains, spurring demand for the precious metal as an alternative investment. The dollar climbed as much as 0.4 percent ..
- Blog Source: stefanmikarlsson.blogspot.comThe subject of replacing the U.S. dollar with something else as the currency with which to price and settle oil trades is again raised. Robert Fisk at The Independent claims that talks are underway to replace the dollar by a basket of ...
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Image Source: www.investmentpostc...... euro investors received a ...Image Source: www.investmentpostc...... euro investors received a less ... -
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- Video Source: www.truveo.com
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- Video Source: www.truveo.comGold Rises from 8-Week Low as ...Video Source: www.truveo.comGold Rises from 8-Week Low as Dollar Falls
- Video Source: youtube.comThe Day the Dollar Falls Part ...Video Source: youtube.com
- Video Source: www.truveo.comHigher Oil Prices: Speculation ...Video Source: www.truveo.comHigher Oil Prices: Speculation or Supply?
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