Gold Bulls Increase as Central Banks Expand Reserves
Bloomberg reported that gold traders are taking a bullish view as central banks add to their gold reserves.
Articles Tagged "central banks"
Gold Prices Lifted by Negative News from the United States
A commitment from the Federal Reserve on Wednesday to keep its interest rates near zero and weak employment results have supported gold prices. Justin Reid, Managing Director and Head of Global Mining Sales at National Bank Financial discussed the function of gold as a liquidity hedge.
IMF Data Says Mexico Adds to Gold Reserves
Bloomberg reported that Mexico increased its gold reserves in March to 122.6 tons.
Can Gold Help to Resolve the Eurozone Debt Crisis?
Debate over the potential of extensive gold reserves held by central banks to resolve the euro zone's economic problems have been pervasive in recent months just as fear of exposure to the sovereign debt crisis has grown. In fact, reports of the German central bank liquidating some of its gold reserves for the first time in almost a year have surfaced, selling 150,000 troy ounces in October.
Central Banks Continue to Build Gold Caches; Which Country Next?
Platts reported on which country's central bank is most likely to be the next to increase gold reserves.
Gold Price Supported by Central Banks
The price of gold and forecasting any future target price has invariably been the subject of numerous confidential discussions among central bankers; however, if the level of interest in the price of gold is any indication of what is to happen in the future, perhaps it would be a worthwhile observation to follow the trend of the “smart money”.
Bulls v. Bears in the Gold Market Prize Fight
The recent volatility in the precious metals markets has the gold bulls and bears jostling to make their case for the price of gold going forward.
Seniors Eyeing Shining Gold Juniors
By Kishori Krishnan Exclusive To Gold Investing News There are two ways to play the gold game. Either keep a watchful eye on the biggies and check out their every move, or latch on to some tried and tested junior gold miners, many of who are set to have their day in the sun. Back [...]
Money Is In For Gold
By Kishori Krishnan Exclusive To Gold Investing News The horse is out of the barn, the damage has been done. Look at how the gold price has been dumped, from its lofty highs. But even as gold’s allure continues to weaken with risk-averse investors, there is someone who is making hay – gold miners. These [...]
Gold Funds Know Something
By Kishori Krishnan Exclusive To Gold Investing News Is the gold ship about to sink? Could that be the reason why some `rats appear to be deserting’ it? We are talking about hedge fund managers here, many of whom appear to be selling to exit their positions. Are they intent on capturing profits, or could [...]
