Gold Heads for Record Eighth Annual Gain on Dollar, Recession

By Stuart Wallace Dec. 31 (Bloomberg) — Gold headed for a record eighth annual gain in London on expectations that the dollar and global economies ... at Alaron Trading Corp., said from Chicago, predicting that bullion will trade at $840 to $880 an ounce ... . This year’s advance would be the smallest since 2001. Futures for February fell $3.70, or 0.4 [more...]

Date: 2008-12-31 13:46:00

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Hourly Action In Gold From Trader Dan

Dear CIGAs, With crude oil getting whacked and the Dollar having another one of those “let’s get out of risky trades” rallies, ... is the level capped by the bullion banks.  Last Friday’s release of the Commitment of Traders data [more...]

Date: 2009-01-12 18:41:52

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