Thursday, December 24, 2009

Wait just a minute: Gold rises as dollar weakens after home sales data

New York

NEW YORK (MarketWatch) -- Gold futures traded higher Wednesday, rebounding from their seven-week low as disappointing consumer confidence and new home sales data weighed on the dollar and boosted gold's appeal as a hedge against a weaker currency. On the Comex division of the New York Mercantile Exchange, gold for December delivery rose $7.30, or 0.7%, to $1,093.30 an ounce. February gold, the most actively traded contract, rose 0.7% to $1,094 an ounce.

11 comments:

  1. What? Fairytale of New York? One of the most well-known xmas songs of all time? Get that gold star pinned on, missy.

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  2. Gold, little changed in New York today, may decline for a third day as gains in the dollar strengthens

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  3. I'm in Alaska listening to Gold Creek run behind the house. New York what?

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  4. theres a random man in here carrying a pink baloon animal swordand a gold metallic man purse...only in new york

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  5. Gold fell to a six-week low in New York as a rebounding dollar may curb demand for the metal as an alternative investment

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  6. Oil fell one cent to $72.65 US a barrel on the New York Mercantile Exchange, while gold prices lost $28.70 to $1106.80 US an ounce.

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  7. Not takin sum dress shirts 2 da cleaners resulted n my fcukin gold label roundtree & york shirt bein ruin n da process. $50 gone. Smh

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  8. I think it's free . . . but the New York Times is the Gold Standard, as far as I'm concerned, everyone should be reading it

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  9. FDNY is working a fire in apartment 8K of 190 York St, a 14-story apt building in Dumbo between Bridge and Gold.

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  10. Gold fell for a second straight day in New York, erasing an earlier gain, as the dollar rallied against a basket of six major currencies

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  11. "Gold" Radio Manchester don't edit Fairytale of New York but Radio 1 do. I find this odd.

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