By Kishori Krishnan Exclusive To Gold Investing News Its all in good faith. To get the US economy back on track. President Barack Obama is expected to meet with chief executives of 12 major banks on Monday and is expected to urge them to lend more money to help promote economic recovery. Monday’s discussions of [...]
By Kishori Krishnan Exclusive To Gold Investing News India has shown the way, and charted out a clear path for the road ahead with its US$ 6.7 billion gold purchase. Buying 200 tonnes of gold from the International Monetary Fund, almost half of the 403 tonnes earmarked for sale by the IMF, India has effectively [...]
By Kishori Krishnan Exclusive To Gold Investing News The firmer dollar has curbed buying of the precious metal as a currency hedge. An immediate consequence – gold prices slipped another 1 per cent on Thursday, extending the losses of the two previous sessions. After a pretty impressive run last week, where there was ample profit [...]
Friday, December 11, 2009