Posts Tagged ‘Marketwatch’

Gold prices recover as U.S. dollar weakens

Wednesday, July 28th, 2010

NEW YORK (MarketWatch) — Gold on Wednesday recouped a quarter of the prior day’s steep losses as a weaker U.S. dollar increased the metal’s allure for holders of other currencies. The gold contract for August delivery gained $5.10 to $1,163.10 an ounce in electronic trade on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they …

Source:Gold prices recover as U.S. dollar weakens

Gold ends lower, copper rises to two-month high

Monday, July 26th, 2010

SAN FRANCISCO (MarketWatch) — Gold futures ended marginally lower Monday, unable to drum up much fresh-buying interest after a jump in new-home sales and enthusiasm for second-quarter earnings. Gold for August delivery declined $4.70, or 0.4%, to $1,183.10 an ounce on the Comex division of the New York Mercantile Exchange. The nearly 24% increase in new-home sales helped copper, heavily used in …

Source:Gold ends lower, copper rises to two-month high

Gold settles modestly higher; copper up 2.3%

Thursday, July 22nd, 2010

SAN FRANCISCO (MarketWatch) — Gold futures settled 0.3% higher on Thursday as bargain hunters stepped in and commodities in general rallied on enthusiasm about U.S. corporate earnings. Gold for August delivery added $3.80 to settle at $1,195.60 an ounce, closing under the key $1,200 mark for the fifth consecutive session. Other metals outperformed gold, with copper rising 7 cents, or 2.3%, to …

Source:Gold settles modestly higher; copper up 2.3%

Gold coins face IRS scrutiny – MarketWatch (blog)

Thursday, July 22nd, 2010

DBKP – Death By 1000 Papercuts
Gold coins face IRS scrutiny
MarketWatch (blog)
This could get ugly. An amendment that did not get much notice in the health care legislation will bring government scrutiny to gold and silver coin dealers
Sellers of Gold Coins Slammed by Sneaky Provision Added to Health Care BillEverything Gold (blog)
On 1099-Tax Reporting Requirements For Half Ounce Gold TransactionsInvesting Contrarian
Gold Coins Facing IRS Scrutiny?Seeking Alpha (blog)
The Business Insider
all 15 news articles »

Source:Gold coins face IRS scrutiny – MarketWatch (blog)

Gold ticks higher; silver recoups $18 mark

Wednesday, July 7th, 2010

SAN FRANCISCO (MarketWatch) — Gold futures staged a modest comeback on Wednesday, finishing higher as investors saw an opportunity to buy bullion after prices fell to around $1,195 on Tuesday, their lowest point since late May. Gold for August delivery rose $3.80, or 0.3%, to $1,198.90 an ounce. Copper once again led the way among metals. Copper for September delivery added 4 cents, or 1.5%, to …

Source:Gold ticks higher; silver recoups $18 mark