THE PRICE OF GOLD has reached a new all-time high, with trades on the London Bullion Market earlier today valuing the metal at a massive $1,277.90 (that’s €977.21) an ounce. Silver was also up to $20.68, up over 0.5%. The price of Irish government 10-year bonds, meanwhile, reached a weekly high of 6.030% earlier, the highest since last week’s spike.
Commodities
# commodities - Tuesday 19 July, 2011
Gold prices continue surge as investors dump debt
Precious metals always do well when all else seems risky – and it’s more than double its price of five years ago.
# commodities - Monday 25 April, 2011
Gold and silver touch all-time highs as currencies slip
The old reliable precious metals reach record high values, driven by concerns that the US debt could reach its legal limit.
# commodities - Friday 24 September, 2010
Commodity markets enjoy golden moment at $1300/oz
The price of gold hits another record high as investors get itchy about stocks and stick for old reliables.
# commodities - Thursday 23 September, 2010
Forget gold: this season’s must-have commodity is cotton
Could the rising price of cotton mean the end of cheap clothes in Penneys? Well, probably not.
# commodities - Thursday 16 September, 2010
Your say
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Poll: Is Alan Shatter’s position as minister untenable?
A MOTION OF no confidence in the Minister for Justice will be debated in the Dáil next week with Fianna Fáil claiming Alan Shatter’s position is now “untenable”.
The opposition party has been fiercely critical of the Fine Gael deputy’s handling of an ongoing row with Independent TD Mick Wallace.
“The Minister has shown extremely poor judgement of late. In particular, he used private information he received from the Garda Commissioner to undermine an opposition TD on Prime Time last week,” Niall Collins charged.
Shatter is currently facing two investigations by the Data Protection Commissioner and the Standards in Public Office Commission over his actions. He was also forced to clarify the nature of an incident where he was breathalysed by gardaí but could not complete the test because of asthma.
Although the motion of no confidence is unlikely to pass (as the government can table a counter-motion), TheJournal.ie wants to know what you think. Is Alan Shatter’s position as minister untenable?
Poll Results:
Read: Shatter: ‘I was breathalysed, but hadn’t done anything wrong’
More: Commissioner told Shatter about Mick Wallace’s encounter with Gardaí
Full text: I made comments ‘to defend the integrity of An Garda Síochána’
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