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 Feeling risky? Buy gold. It’s all about the risk factor these days, as investors square their positions following a massive rally on the stock market. Ever since stocks soared on Monday, driving the Dow Jones industrials up nearly 500 points, after the government announced details of a [...]
Gold prices showed signs of volatility after its peak of $ 1,000 per ounce level but the gold related stocks on BSE and NSE seems to have benefited on the confidence of investors in the commodity than the stocks. For full story, click here
By Kishori Krishnan Exclusive to Gold Investing News It might be the best buy signal you’ll ever see for the gold-mining sector. Since October, demand for gold coins and bars has soared so much that dealers can hardly find any to sell right now. If they can find it, the premium can run as high [...]
By Kishori Krishnan Exclusive to Gold Investing News Gold which has had a really powerful run in the last few days, slipped a little at the end of last week, as participants booked profits in thin trading conditions. The precious metal had ended 2008 trading up 5.5 per cent, its eighth consecutive yearly gain and [...]
It is just a shiny, yellow substance we dig out of the ground, but we have such a deep-seated romantic relationship with gold that most of us believe it could never be a realistic investment option for us mere mortals. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News Speculation is rife: the slumping global economy is expected to reduce demand for commodities. Investor confidence is shaken: Citigroup, the second-largest U.S. bank by assets, looks at options, including a sale of parts of the company or a merger. In the midst of all this gloom, there [...]
By Kishori Krishnan – Exclusive to Gold Investing News With the price of oil falling more than 60 per cent from a peak in July, Iran has converted its financial reserves into gold to avoid future problems. Iran, the world’s fourth-largest oil producer, is facing declining revenue from its oil exports after crude prices tumbled. [...]
By Dave Brown – Exclusive to Gold Investing News The latest victim of the credit crunch was Washington Mutual Inc., a large Seattle based consumer and small business banking company that was established in 1889, as the Federal Deposit Insurance Corp. seized its assets on Thursday, selling some of it to JPMorgan Chase & Co. The [...]
By Dave Brown – Exclusive to Gold Investing News For investors, the beginning of September saw negative news flow coming in, largely by way of physical storms originating in the Atlantic Ocean, leaving behind a wake of destruction in the Gulf Region. This week, however, saw a different type of storm originating closer to Atlantic [...]
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