Precious Metals

The Dow rallied 141 points despite the standard grim data, although there was good news in housing. (Locked for subscribers until 10:00 AEDT)

The Dow fought back from weak economic and corporate news to be down 64.

So here we are back testing US$900/oz. What might happen this time? (Republished from Jan 29, 2009).

…but only gold as the US GDP goes backwards and Bad Bank hits a “snag”. Dow down 150.

Could Obama lead the world into Great Depression II? Dow down 200.

With a long history of disappointing the market the third successive good quarterly report from Lihir Gold is enough for Macquarie to move the stock to its preferred exposure in the sector.

Wall Street posted its fourth consecutive rally last night as the Fed kept rates steady and pledged to keep doing more. The Dow rose 200 points.

The Dow added another 58 points last night but this time commodities took a bit of a hit. Which data are good data?

Newcrest has delivered a disappointing December quarter production report largely on the back of ongoing issues at Telfer, resulting in fewer Buy ratings on the stock.

According to Barclays Capital, worsening economic fundamentals and increasing supply suggest little scope for shorter-term gains in commodity prices.