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GM to recall 231,000 vehicles with fire hazard
NEW YORK, Nov. 28 (UPI) -- Gold prices dropped $22.70 on the Comex division of the New York Mercantile Exchange Wednesday as a late rally left metals behind.
The rally was sparked by an article in The Wall Street Journal that said the U.S. Federal Reserve was likely to continue bond buying in 2013.
That would be a sure sign for gold traders to buy, because bond buying would lower the value of the dollar, which pushes gold prices higher.
But equities bounced and metals failed to respond.
Gold ended the session down 1.5 percent at $1,721.60 per troy ounce. Silver lost 32 cents to close at $33.79.
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REYKJAVIK, Iceland, June 19 (UPI) --
Iceland's new prime minister this week cited the country's mackerel fishing dispute with the European Union as a prime example of the value of sovereignty.
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PARIS, June 18 (UPI) --
Engine-maker Pratt & Whitney has announced delivery of its 100th F135 propulsion system to the U.S. government for the F-35 Lightning II fighter.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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