By Kishori Krishnan Exclusive To Gold Investing News Gold is soon set to become the next global asset bubble now that pivotal global economic events are finally converging to propel its ascent into record territory. The yellow metal is suddenly a happening choice. There are several recent indicators – Yuokon Gold has acquired a majority [...]
Articles Tagged "bullish"
By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
The international gold markets, which normally determine prices on the domestic front here, turned extremely bullish after it surged to 913.70 dollars an ounce on the New York Mercantile Exchange, up from 892.40 dollars. For full story, click here