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Articles Written by: JACKIE FARWELL
"My fingers get so cold when I'm working, I can barely type on my keyboard," said Robin Clay, a project manager at a bank in Belfast, Maine. She sometimes wears her coat in the office, which is chilly year-round, she said. "I don't know which makes me ...
Gold and platinum prices eased off record highs Tuesday as traders cashed in on profits ahead of an expected interest rate cut by the U.S. Federal Reserve.
Silver hit its highest level in almost 30 years and agricultural futures settled ...
From JACKIE FARWELL,
eTaiwan News,
29 Jan 2008
Gold and platinum prices soared to record highs Friday after mine stoppages in South Africa, a leading producer of the precious metals, fed buying on supply concerns.
Several major mining companies, including AngloGold, Harmony and Gold Fields ...
From JACKIE FARWELL,
eTaiwan News,
26 Jan 2008
While volatile stock markets have grabbed the spotlight this week, investors are wondering if fears of a U.S. recession could take the air out of the global boom in commodities prices.
U.S. commodities closed lower across the board Wednesday on ...
From JACKIE FARWELL,
Taiwan News,
24 Jan 2008
Gold prices settled slightly higher Friday after an economic stimulus plan announced by President George W. Bush failed to soothe recession worries, boosting the metal's appeal as a safe investment.
Energy prices rose, and agricultural futures ...
From JACKIE FARWELL,
eTaiwan News,
19 Jan 2008
NEW YORK - Gold prices settled Wednesday at their lowest level in a week as the U.S. dollar strengthened and traders cashed in profits a day after the precious metal soared to a record high.
Oil and agricultural futures also closed lower. An ounce of ...
Gold eased from a new record Thursday to end higher after Federal Reserve Chairman Ben Bernanke pledged to cut interest rates, further undermining the dollar and boosting demand for the metal as a safe investment.
Other precious metals ended ...
From JACKIE FARWELL,
eTaiwan News,
11 Jan 2008
"The gasoline market won the tug of war," said Tim Evans, an analyst at Citigroup Inc. in New York.
Contributing to the drop in crude oil stocks were efforts by Gulf Coast refineries to minimize their inventories, which are subject to year-end taxes, ...
Oil prices rose Wednesday after the government said U.S. crude oil inventories fell for the eighth consecutive week but gasoline supplies swelled.
Fears of further violence in Nigeria, the world's eighth-largest oil producer, also supported ...
From JACKIE FARWELL,
eTaiwan News,
9 Jan 2008
The drop was more than eight times the 800,000 barrels analysts predicted, according to a survey by Dow Jones Newswires. However, gasoline inventories beat expectations, rising sharply by 5.3 million barrels, or 2.6 percent, to 213.1 million barrels. ...
