Gold surges as oil climbs, dollar falls
CNBC - NEW YORK (AP) - Gold prices pushed higher for a fourth straight trading day on Wednesday, boosted by an inflationary combination of rising oil prices and a falling dollar. Oil hit a new record over $98 a barrel. Investors often shift more assets to

Drill Program Completed at Seabridge Gold’s Mitchell Deposit
MSN MoneyCentral - Seabridge Gold (TSX VENTURE: SEA)(AMEX: SA) announced today that it has completed its 2007 core drill program at its Mitchell deposit consisting of 37 holes totaling 15,294 meters. Resource Modeling Inc. (”RMI”) has been commissioned by Seabridge to

Gold glove for Maddux
International Herald Tribune - Padres pitcher Greg Maddux won a record 17th Gold Glove while Boston first baseman Kevin Youkilis earned his first award for fielding excellence. Detroit catcher Ivan Rodriguez won for the 13th time and outfielders Andruw Jones, Ichiro Suzuki and

Gold, Silver Soar to Highs Early on Dollar, Oil
CNBC - U.S. gold futures surged 2.2 percent at the open of the pit session Wednesday on the back of soaring crude oil prices, a tumbling dollar and technical buying. Most-active gold for December delivery on the COMEX division of the New York Mercantile

Google Gold Gives Thousands a New Lifestyle
ABC News - After receiving tens of millions of dollars when he cashed out his Google stock options, Aydin Senkut knew he had enough money to quit his job and start a new chapter in this life. “Google money gives you a comfort level,” said Senkut, a senior

Indian spot gold closes lower on global cues
CNBC - MUMBAI (Thomson Financial) - Indian spot gold prices closed lower Monday, with dealers attributing this to a a mix of strengthening dollar and falling oil prices. Gold in London fell as the dollar recovered from an all-time low against the euro

Gold prices climb as oil, metals rally and dollar slumps
CNBC - NEW YORK - Commodities prices resumed their upward trek Tuesday, with gold and oil prices surging as investors sought shelter from the dollar’s persistent decline. Supply concerns sparked sharp gains in several commodity markets. Oil prices climbed

London Markets: Mining shares pace rebound in London; FTSE 100 closes
Stockhouse Canada - Financials Sponsored by:, , ) moved to write down more assets in the unfolding credit-market crisis. The mining sector usually gets a lift from higher oil and gold prices, and Tuesday proved no exception. Gold for December delivery rose $13.20 at

Oil, gold retreat as US dollar rebounds
Boston Globe - NEW YORK — Oil and gold prices fell Monday as concerns about the economy and a downturn in the stock market prompted investors to cash in gains from last week, when both commodities reached the highest levels in more than two decades. Several

Stocks end with solid advance
KESQ News - NEW YORK (AP) - Investors turned their attentions away from concerns associated with the credit crunch. They drove stocks higher even with a fresh record for crude oil, rising gold prices and a new low for the dollar against the euro. Stocks ended

Dollar Damage Extends on Earnings, Jobs, FX Confidence
FXStreet.com - Today, however, the rallying gold price is a reflection of further erosion in dollar confidence. Yet we do warn that the current gold rally may have to be reversed to as low as $710 per ounce as the amount of net long positions in the IMM futures

Pakistan, the heart of a global crisis
Times Online - The oil price has risen to $96 a barrel; the gold price has risen above $800 an ounce. That is the world in a nutshell, an international crisis, a credit crisis, an energy crisis and a dollar crisis. On Saturday, as well as watching Arsenal s

Centerra Gold Reports Third Quarter Earnings Before Unusual Items of
Earthtimes - Lower net earnings for the first nine months resulted primarily from the unusual items and lower gold production and sales volumes, which were partially offset by a higher realized gold price. During the first nine months gold production was lower

Festival demand pushes gold prices to new peak
Daily News and Analysis - On Diwali day last year, the gold price stood at Rs 8,975 per ten gram. Besides festival demand, a sharp surge in international prices has also added to the rally in the domestic markets. The gold prices in New York touched a 28-year high of 808.5

Newmont CEO sees gold higher, maybe more M&A
Reuters - NEW YORK (Reuters) - The head of Newmont Mining Corp (NEM.N: Quote , Profile , Research ), the world’s second-largest gold producer, said on Thursday he expects the gold price to rise even higher. “It still has room to run,” President and Chief

Gold off 28-year high, but holds above $800
Reuters India - This will automatically support the gold price. There’s a strong intention from the Chinese government to sell dollar,” he said. China holds 600 tonnes of gold in its reserves, according to the World Gold Council. AngloGold Ashanti Ltd shut one of its

Gold, Silver Futures Climb as Dollar Declines Against Euro
Bloomberg - We look for interest rates to be the biggest driver for the gold price,'’ said Tom Winmill, president of Midas Management Corp. in New York. “When financial assets are devaluing, hard assets are the place to be.'’ Lower energy expenses