Bloomberg.com: Commodities

Bloomberg.com: Commodities: "Feb. 21 (Bloomberg) -- Gold surged to a nine-month high in New York after the U.S. said inflation accelerated more than forecast in January and commodity prices jumped."

Bloomberg.com: Commodities

Bloomberg.com: Commodities: "Feb. 14 (Bloomberg) -- Gold climbed to a six-month high in London as the dollar extended declines against the euro, spurring demand for the precious metal as an alternative asset.

Investment demand for gold in exchange-traded funds, or ETFs, tracked by the World Gold Council has increased 2.1 percent this year to 18.5 million ounces. The gains accelerated this week as the dollar fell against the euro to the lowest since Jan. 4."

Bloomberg.com: Commodities

Bloomberg.com: Commodities: "Feb. 9 (Bloomberg) -- Gold prices in New York rose to the highest in more than six months as the increasing cost of energy boosts the appeal of the precious metal as an inflation hedge.

Gold sometimes moves in the same direction as the price of oil, which today rose above $60 a barrel for the first time in a month. Gold reached a 26-year high of $732 an ounce in May, and oil climbed to a record in July.

``Oil helped pushed gold higher,'' said Frank Lesh, a trader at FuturePath Trading LLC in Chicago. ``The market is bullish.''"

Product offers Canadians retirement gold�|�Reuters.ca

Product offers Canadians retirement gold�|�Reuters.ca: "OTTAWA (Reuters) - Canadian investors can now hitch their retirement fortunes to the price of gold with a product that lets them buy and sell gold coins and bars in their tax-deferred retirement savings accounts.

Spearheading the product are online bullion dealer Kitco Metals Inc. and online brokerage Questrade Inc., which say their offering is a first in Canada."

Investment Funds | Gold returns to favour with a 24% rise in 2006

Investment Funds | Gold returns to favour with a 24% rise in 2006: "The price of gold rose by 24% in 2006, new research from Clerical Medical shows. This was the largest calendar year rise since 2002, and the third biggest annual gain in the past 20 years. "

Now That a Penny Isn’t Worth Much, It’s Time to Make It Worth 5 Cents - New York Times

Now That a Penny Isn’t Worth Much, It’s Time to Make It Worth 5 Cents - New York Times: "How dumb do you have to be to mint money at a loss? In the latest only-in-Washington episode, we find that the government may have lost as much as $40 million coining pennies and nickels last year.

The metal in them — the zinc, copper and nickel — has soared in value in the last few years, making the coins more valuable as raw materials than they are as currency. The government reaction has been to ban the melting of the coins to get the metal. But there is a good chance that we will find ourselves in an outright coin shortage of a form we have not seen in four decades and one that harks back to the monetary problems of medieval times."