June 10th, 2001

Many investors have a great love affair with gold, but as with any relationship, they’ll have to work hard to get the most out of it, be patient and most of all — understand the reasons for gold’s actions.

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June 7th, 2011

Gold futures fell from a five-week high as European debt concerns eased, eroding the appeal of the precious metal as a haven.

The euro reached a one-month high against the dollar after the European Central Bank signaled its approval of Greek bond rollovers. Yesterday, gold reached $1,555 an ounce, the highest since advancing to a record $1,577.40 on May 2.

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June 9th, 2011

Crude oil futures increased to a one-week high after OPEC’s failure to reach an accord on output targets for the first time in at least 20 years.

Crude oil futures gained 1.2 percent following what Saudi Oil Minister Ali al-Naimi said “was one of the worst meetings we’ve ever had.” Ministers from the 12-nation Organization of Petroleum Exporting Countries were unable to come to an accord in five hours of talks in Vienna yesterday. Prices also rose as the U.S. trade deficit narrowed in April.

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