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Latest Nigeria Gold News

  • Record oil activity pushes loonie above parity again 16 May 2008 20:06 GMT
    ... metal and oil futures continued to advance. Gold advanced for a second consecutive day today, ... today to trade at U.S. $902.20 per ounce on Friday at 11:50 a.m. Oil also ... in large part to the disruption of Nigerian oil supplies after a pipeline was damaged Thursday in ...

  • No peak: Why oil prices will fall again 16 May 2008 11:21 GMT
    ... oil consumers watched warily as unrest in Nigeria's oil fields, the possibility of war between ... oil market is coming to resemble the gold market (which has also been soaring). Evans notes ...

  • World commodities 16 May 2008 04:49 GMT
    ... the beginning of 2008. Supply disruptions in Nigeria have helped boost a market that is nervous ... hit an in-trade high of $881.05 an ounce. Gold struck a record $1,030.80 an ounce ... gold breached the $1,000 mark this year. “Gold prices have been heavily influenced since last August by ...

  • Wall Street in Flux 15 May 2008 15:18 GMT
    ... record territory on more supply concerns in Nigeria. Earlier this morning there was an explosion at ... gained $1.52 to $125.74 a barrel, while gold prices jumped $16.30 to $882.80 an ounce. Wall Street cheered the latest merger and ...

  • ESSAY- No peak: Why oil prices will fall again 15 May 2008 12:13 GMT
    ... oil consumers watched warily as unrest in Nigeria's oil fields, the possibility of war between ... oil market is coming to resemble the gold market (which has also been soaring). Evans notes ...

  • African bank warns of food instability   15 May 2008 06:08 GMT
    ... and Zambia benefiting from rising copper and gold prices as well as debt relief. Record prices ... governors from several African countries, including SA, Nigeria and Kenya are attending the meeting, which ends ...

  • Gold Remains Lackluster Within Range 14 May 2008 17:16 GMT
    ... -- Gold continues to trade in a heavy manner, ... may cut production and the report that Nigerian gunmen hijacked a US ship contracted by Chevron ... 7 (7 barrels of oil buys one ounce of gold). The spread historically trades around ...

  • ETF Watch: April 11'24 14 May 2008 12:56 GMT
    ... -100% and -200% ETNs tied to the price of gold futures (tickers DGP, DZZ and DGZ respectively). ... Index, which covers 50 stocks—five each from Nigeria, Lebanon, Egypt, Morocco, Oman, Jordan, Kuwait, Bahrain, Qatar ...

  • Dow Closes Up Above 13,000 ' Finally 14 May 2008 12:53 GMT
    ... shares. Oil prices fell as concerns about Nigerian crude supplies eased following a strike deal and ... U.S. demand showed further signs of weakness. Gold hit a four-month low below $850, triggering ... Gold fell as low as $847.10 an ounce and last traded at $850.25/851.65 in New ...

  • Firmer dollar unlikely to upset commodities 14 May 2008 11:12 GMT
    ... any further recovery in the dollar is gold, which is used as a currency substitute ... stocks and bonds. "The reason why the gold price has not gone up despite the rise ... and in Chile, problems with oil in Nigeria and declining output in Mexico and Russia." ...

  • Markets News Wednesday; European stocks rise; Oil price remains above $125 in New York after Tuesday's new intra-day record 14 May 2008 09:26 GMT
    ... of Middle East tensions and disruptions in Nigeria has resulted in an environment where the mere ... the previous resistance at $850. The spot price of gold is at $865.70 per ounce down 40 cents from Tuesday's close in ...

  • Sirius Satellite Radio Earnings Match Street's Predictions 13 May 2008 22:05 GMT
    ... potential of about 2.5% in 2009. June-dated gold finished Monday lower, thanks to strength from ... session 90 cents lower at $884.80 an ounce after advancing as high as $888.80 an ... from disruptions in the North Sea and Nigeria. These gains have prompted some speculation that OPEC ...

  • Opening View: Sirius Satellite Radio Earnings Match Street's Predictions 13 May 2008 20:50 GMT
    ... potential of about 2.5% in 2009. June-dated gold finished Monday lower, thanks to strength from ... session 90 cents lower at $884.80 an ounce after advancing as high as $888.80 an ... from disruptions in the North Sea and Nigeria. These gains have prompted some speculation that OPEC ...

  • Commodities: Oil eases from record high 13 May 2008 11:10 GMT
    ... the West alongside disruptions to production in Nigeria have added to concern that oil supplies are being ... since last May. Among precious metals COMEX gold for June delivery fell 90 cents to settle at $885.80 an ounce as it tracked declining oil prices. The ...

  • Gold remains high.. 13 May 2008 09:31 GMT
    ... facing a dollar that is still rising. Gold prices are still floating around $885 an ounce, which is considered high, reaching a high ... attacks that are continuously taking place in Nigeria against oil facilities, and a world high demand ...

  • Oil eases from record high 13 May 2008 06:52 GMT
    ... the West alongside disruptions to production in Nigeria have added to concern that oil supplies are being ... since last May. Among precious metals COMEX gold for June delivery fell 90 cents to settle at $885.80 an ounce as it tracked declining oil prices. The ...

  • Oil retreats from record; Asian shares gain 13 May 2008 06:15 GMT
    ... supply disruptions in the North Sea and Nigeria. "The pitch of the rise (of oil prices) ... dealer at a European bank in Tokyo. Gold fell to $879.50/$880.50 an ounce from $884.60/$884.20 late Monday, as the halt ...

  • Oil retreats from record while Asian shares gain 13 May 2008 05:31 GMT
    ... supply disruptions in the North Sea and Nigeria. "The pitch of the rise (of oil prices) ... dealer at a European bank in Tokyo. Gold fell to $879.50/880.50 an ounce from $884.60/884.20 late on Monday, as the ...

  • Has the commodity boom turned to bust? 13 May 2008 04:50 GMT
    ... ...

  • OPEC summit takes on markets 13 May 2008 04:43 GMT
    ... ...

  • The Mega Commodity Price Move: Why it's Happening 13 May 2008 01:31 GMT
    ... ...

  • Gold Positive Fundementals as Western Economies Face Stagflation Threat 13 May 2008 01:13 GMT
    ... ...

  • Weekly precious metals review, May 2-9 13 May 2008 00:16 GMT
    ... ...

  • Weekly commodities market roundup, May 5-9 13 May 2008 00:16 GMT
    ... ...


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