Written by Gold rose in New York to within 0.4 percent of a record as investors bought the metal to protect their wealth amid financial market turbulence. READ MORE »
Posts tagged Financial Markets
Gold Futures Tumble Below $1,200 as Demand Ebbs Following Rally
Gold futures tumbled below $1,200 an ounce as demand waned following the metal’s rally to a record last month.
Last week, gold dropped 3.9 percent, the most since mid- May. READ MORE »
Federal Reserve weighs steps to offset slowdown in economic recovery
Federal Reserve officials, increasingly concerned over signs the economic recovery is faltering, are considering new steps to bolster growth. READ MORE »
China reports surprising trade surplus jump
China’s trade surplus with the rest of the world grew more than expected in June, according to numbers released Saturday. READ MORE »
Hard Money Lending Booms in Tough Economy
Hard money lenders, where the downtrodden and desperate seek money are having a field day in the current tough economy, reaping huge profits from clients, most of whom are just trying to get by from day to day. READ MORE »