The Wall street Journal reports that on Tuesday, investors continued to buy gold ahead of an expected Federal Reserve monetary-stimulus announcement.
Continue reading "Comex Gold Rises Slightly As Fed Meeting Begins"
Tuesday, August 31, 2010
The fall is quickly approaching and Tuesday’s price action gave investors a slight tease of what the traditionally gold-friendly season has in store this year. The usual suspects—fear-induced investment demand and gold-hungry Asia—are still driving the gold bus home for the metal’s fans.
Continue reading "Gold Price on Track toward $1,300"
Monday, June 7, 2010
A late morning $20 bounce put a smile on every gold bug’s face, and by mid-day the precious metal had shot above $1240 an ounce, hitting a high of $1246.20 late in the day. Prices backed off a bit to close at $1241.30 an ounce on the COMEX.
Continue reading "Gold Price Pushing Past Key Resistance Levels"
Thursday, May 20, 2010
After hitting record highs of $1249 an ounce last week, gold has lost much of its May luster the past few days, dropping as low as $1174 an ounce in New York Thursday morning. While traditionally one would expect the precious metal to be trading up in such an environment, uncertainty across all markets remains high.
Continue reading "Gold Price Takes a Beating with the Rest of the Markets"
Tuesday, March 17, 2009
By Kishori Krishnan Exclusive To Gold Investing News The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by the [...]
Continue reading "Gold the only credible currency"
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Tuesday, November 2, 2010