Gold up on speculation prices have bottomed

email Email  Print Print   Reproduction
Thu, Nov 6, 2008
Gold Market News
Post by Melissa Pistilli, Gold Senior Reporter

Gold futures were up for the 1st time in 3 sessions amid speculation that the yellow metal’s prices, having suffered their biggest monthly loss in 25 years, may have bottomed.

Mark O’Byrne, executive director at Gold & Silver Investments, said:

The performance of the precious metal mining shares may be an indication that we are at or near a low in this sell-off. These indexes tend to be a leading indicator of a trend reversal in the precious metals.

For full story, click here

All content Copright 2011 Dig Media Inc. Disclaimer

  • http://twitter.com/AVCVanadium American Vanadium

    100% vanadium batteries are not what is coming to the electric car market.  However, lithium/phosphate/vanadium batteries seem to be the future
    battery of choice because they have far more energy storage capacity than their
    conventional lithium-ion counterparts. This translates into a range of
    up to 600 kilometers on a single charge, which is as much as ten times
    the distance offered by cars powered by lithium-ion batteries. Also,
    these lithium/phosphate/vanadium batteries can be recharged in a few
    minutes, versus a typical 10-hour recharge cycle for ones that rely on
    lithium-ion.

Please see the comment policy for information on comment moderation.
Gold Price Chart
Au china copper cve dollar entire press Gold gold assays gold bullion Gold Company News gold demand gold exploration gold futures gold industry gold investing Gold Market News gold market price gold markets gold mines gold mining gold news gold price Gold prices gold production gold projects gold properties gold resources gold sector Gold Stocks gold value india investors market news mexico mineral fields group ontario ounce precious metals press release price Price of gold resources silver spot gold trend
Asides

  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

  • GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

Get our exclusive independent commentary on gold trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information