Archive for August 13th, 2009

Gold, silver rise on festive demand
Hindu Business Line
NEW DELHI: Gold and silver prices today spurted in the bullion market on heavy buying by jewellery and coin fabricators on the eve of holy festival of

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08/13/2009 - Listen to today’s discussion of events shaping our economy, the precious metals and rare coin markets and your investments.

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Gold and silver are
up sharply this morning on continuing decline in the dollar.  Gold is up $5 and silver is up $.26.  The dollar is down 48 basis points at 78.31
and oil is up $.96 at $71.11 a barrel. 
The Dow is also up 10 points. 

 

The latest economic
data indicates that retail sales fell 0.1% last month.  Without the “Cash for Clunkers” program,
retail sales fell 0.6%.  That is in
contrast to the expectation that retail sales wou…

Original Post By Google News by Joe Battaglia

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