November 23, 2009 Gold up $18 in New York after gain to new record by Elaine Frei Gold hit $1,174 per troy ounce in morning trade in New York before December contracts fell back but still added $18 on the session to $1,164.80 per troy ounce on another decline for the US dollar. The greenback was hurt by remarks this weekend from the president of the St. Louis Fed made it look like interest rates will stay low in the US for longer than some had assumed, as well as by tensions between Iran and some Western governments as Iran conducted war games that seemed aimed at showing its ability to defend its nuclear sites.

Currency traders need to understand their trade. This means understanding the different currencies.

Holiday seasons often become a trap for credit card holders. Why? Most card holders have trouble keeping their purchases in control especially when buying gifts

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