gold prices – News Stories About gold prices - Page 2

Are Wall Street Banks
Ready to Risk Again?

Apr 28, 2008 9:48 AM CDT

Are Wall Street Banks Ready to Risk Again?

Return to corporate bonds among likely signs crisis is easing

(Newser) - Wary investors appear to be returning to Wall Street, the Journal reports, buying back into higher-risk debt issues from the likes of troubled Citigroup and Merrill Lynch. “Risk taking has come back in the market,” said one expert.

IMF OKs $11B Gold Sale

Apr 8, 2008 2:40 AM CDT

IMF OKs $11B Gold Sale

Global lender will also cut staff, change biz model

(Newser) - The International Monetary Fund has approved the sale of 400 tons of gold from its massive reserves for an expected $11 billion, the Financial Times reports. The global lender also plans to slash up to 15% of its workforce to improve its finances, which have been hit by falling demand...

Eureka! New Gold Rush Is On

Apr 5, 2008 11:39 AM CDT

Eureka! New Gold Rush Is On

Tens of thousands scour the West as prices boom

(Newser) - A new generation of prospectors is partying like it’s 1849: Record prices and a simple desire for outdoor fun are drawing thousands westward in a new gold rush, the New York Times reports. “Anywhere gold has been found in the past, that’s where they’re going again,...

Oscar Gold Glitters, Costs a Mint

Feb 22, 2008 11:23 AM CST

Oscar Gold Glitters, Costs a Mint

Gilded statue's price goes from $400 to $500 as gold jumps 40%

(Newser) - They’re worth their weight in gold to actors. And this year’s Oscars—carrying a gilding of pure gold—will cost the Academy of Motion Picture Arts and Sciences about $500 each, up $100 from last year's 13 1/2-inch tall, 8 1/2-pound statuettes. The price of gold has soared...

At $832 an Ounce, All That Glitters Is Gold

Nov 12, 2007 3:05 PM CST

At $832 an Ounce, All That Glitters Is Gold

Economic uncertainty drives price toward 1980 highs

(Newser) - Gold’s lure as a safe haven from economic upheaval has Wall Street worried that investors are turning their backs on the markets, reports the LA Times. Gold prices have pushed steadily toward $850 an ounce, a level it hasn’t seen since 1980. "The markets' statement is that...