Amador Gold

Multi-Metal Company Exploiting Prominent Ontario Regions Significant new gold discovery on surface at Loveland (11.48 g\t gold) over 400 meters away from the only other known gold zone (6.37 g/t over 8.55 m & 10.39 g/t over 3.1 m)

Home Videos Research Press Release Q&A Discussion

Threads Posts

Gold jumps above $970/oz as dollar weakens

Amador Gold

over 15 years ago

Dear shareholder,

In an effort to keep you up to date on all pertinent information regarding the resource sector, please see the attached article titled; “Gold jumps above $970/oz as dollar weakens.”

Regards,

AGORACOM Investor Relations

Click here to view article in its entirety.

Gold jumps above $970/oz as dollar weakens

Precious metal climbs to firmest level since late February

Jan Harvey

LONDON — Reuters, Friday, May. 29, 2009 06:42AM EDT

Gold on Friday rallied through $970 (U.S.) an ounce for the first time since February in Europe as traders bought the metal as a hedge against weakness in the U.S. dollar.

Rising oil prices, reports of a pick-up in Middle Eastern demand, and firm buying in India, the world's biggest gold consumer, during the wedding season are also supporting prices, analysts said.

Spot gold was bid at $972.60 an ounce at 0923 GMT, against $958.80 an ounce late in New York on Thursday.