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Gold Prices

This University Endowment Owns About $1B In Gold Bars

Bloomberg | David Mildenberg and Pham | Posted 06.16.2011 | Business

he University of Texas Investment Management Co., the second-largest U.S. academic endowment, took delivery of almost $1 billion in gold bullion and i...

Gold Surges To Record On Libya, Political Unrest

Posted 05.25.2011 | Business

NEW YORK (By Frank Tang) - Gold rose more than 1 percent to an all-time high on Tuesday above $1,432 an ounce as chaos in Libya and political turmoil...

Hedge Funds Are Making A Killing On Commodities As Gold Prices Soar

bloomberg.com | Chanyaporn Chanjoroen | Posted 05.25.2011 | Business

Dec. 8 (Bloomberg) -- Bets by hedge funds and large speculators on further gains in commodity prices are holding near their highest level in more than...

What's Behidn The New Gold Rush? Anxiety, Distrust Of Government

AP | MATTHEW CRAFT | Posted 05.25.2011 | Business

NEW YORK — Customers who step into the offices of Heritage West Financial in San Diego have always favored gold as an investment on paper, a place t...

Gold Running Out Of Steam?

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

After running the four-minute mile, is gold ready to take a temporary breather? And if so, how much could the price fall over the short run?

As Prices Soar, JPMorgan Reportedly Reopening NYC Gold Vault

Posted 05.25.2011 | Business

With gold prices hitting record highs, JPMorgan Chase is reportedly reopening a New York City gold vault it shuttered in the 1990s, the Financial Time...

The Wildest Gold Forecast Yet

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

One of the catalysts for higher gold prices is a significant flip-flop by central banks, which have switched from gold sellers to gold buyers. As a result something above $1,000 an ounce is shaping up as a new floor for the metal.

US Treasury's Gold Valued: US Gold Reserves Total $288 Billion, According To Market PRICE

Washington Post / Big Money | Martha C. White | Posted 05.25.2011 | Home

Buried in the Treasury's International Reserve Position report is an intriguing bit of math. The document details the total amount, by weight, of the ...

Gold Purchased At Peak Outperformed By Checking Accounts

bloomberg.com | Nicholas Larkin and Millie Munshi | Posted 05.25.2011 | Business

Dec. 7 (Bloomberg) -- Gold's best year in three decades has yet to match the returns of an interest-bearing checking account for anyone who bought the...

Jobless Turn To Prospecting For Gold

washingtonpost.com | Karl Vick | Posted 05.25.2011 | Business

COLUMBIA, Calif. -- Maybe it was the nail in Ray's head. Maybe it was the economy. His wife said one as much as the other drove the decision to auctio...

America's Blown it, Bring in a Global System

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

The world is very nervous because America's political rigamordis means that 25% of the global GDP cannot be repaired or even managed.

High Prices Spark New Gold Rush In California

Financial Times | Matthew Garrahan | Posted 05.25.2011 | Business

It has been almost 160 years since the first California gold rush but, with prices hitting record highs, prospectors are once again flocking to the st...

US Economy Beset By Problems

Posted 05.25.2011 | Business

From the fallout over the subprime disaster to the credit crisis to rising gas prices to unease on Wall Street, the US economy looks increasingly shak...

Gold Hits Record $1,000 an Ounce

AP | MAE ANDERSON and LAUREN SHEPHERD | Posted 05.25.2011 | Business

NEW YORK — Bargain-hunting at the local jewelry store just got harder. Gold, which has soared to record levels in the past year, hit a new mile...

The Unexpected Mongolian Dilemma

Andrew Racz | Posted 05.25.2011 | Business
Andrew Racz

New forces have entered the picture. Last week, China jumped into the Rio Tinto saga. Chinalco and Alcoa, both at 12 percent stake in Rio Tinto. Alumi...

Melt Your Oscar For Cash

Bloomberg | Andrew Harris and Andy Fixmer | Posted 05.25.2011 | Business

The glitter on the central figure at this year's academy awards ceremony has never been so costly. With gold at an all-time high, the price of each g...

Gold Is The Hot New Commodity

Wall Street Journal | E.S. Browning | Posted 05.25.2011 | Business

The new gold rush is on. As inflation has picked up and the stock market has tumbled, investors seeking a safe haven have piled into gold, driving th...

Gold Rallies After Fed Cuts Rates

Financial Times Via AP | Javier Blas | Posted 05.25.2011 | Business

Gold prices rallied on Tuesday after the US Federal Reserve cut interest rates in an emergency meeting in an effort to prop up the weakening US econom...

Gold Continues Record-Breaking Run

Financial Times | Chris Flood | Posted 05.25.2011 | Business

Gold prices surged further into record territory on Thursday while oil traded within a whisker of its record $100 set in the previous session, as comm...

Gold Surges To Highest Price Since 1980

AP | Posted 05.25.2011 | Business

Gold rose on Friday to the highest level since 1980, topping $750 an ounce, as investors sought shelter in precious metals amid inflationary signs of ...