NEW YORK – Crude oil prices increase world back slightly on Wednesday local time as the dollar rebounded against the data indicate strong growth in demand from consumers in China. As quoted by Reuters on Thursday (12/11/2009), price of crude oil a stagnant U.S. 23 cents to $ USD79, 28 per barrel after a through [...]

The price of gold may jump back above U.S. $ 1000 for the weakening U.S. dollar and poor demand for other assets, but the market may fall if disinflation sets in, consultants GFMS said on Monday (14 / 9). GFMS gold’s annual survey issued after the precious metal jumped on Friday to 1011.95 U.S. dollars [...]

Gold price in international market is still stay above 1000 level of U.S. dollars, among others, driven by higher crude oil prices above 72 U.S. dollars per barrel. In trading in Hong Kong, Monday (14 / 9) morning, as reported by AFP, the price of gold was in a position opened 1.002,80-1.003,80 U.S. dollars per [...]