By Kishori Krishnan Exclusive To Gold Investing News It is a trend that is catching on. First China bought gold from the International Monetary Fund, then it was the turn of India. Now, Sri Lanka has jumped onto the bandwagon. Countries are buying gold like there is no tomorrow. Sri Lanka’s central bank said it [...]
Continue reading "Time To Bail Out On Gold?"
Thursday, October 8, 2009
By Kishori Krishnan Exclusive To Gold Investing News The price of gold has touched an all-time high for a third consecutive day – after a continued decline in the dollar kept it attractive to investors. Gold reached $1,058 an ounce on Thursday, powering past Wednesday’s high of $1,048.4. On Tuesday, it passed the $1,033.9 an [...]
Continue reading "Dollar Woes & Gold Highs"
Monday, August 17, 2009
By Kishori Krishnan Exclusive To Gold Investing News Its a revamped third five-year pact to limit sales of European central bank gold, complete with a lowered ceiling for planned disposals, but it is seen boosting the investment case for bullion and extending its multi-year rally. The European Central Bank surprised markets last week with the [...]
Continue reading "Sellers & Buyers Throng Gold Market"
Friday, May 15, 2009
By Kishori Krishnan Exclusive To Gold Investing News Gold is a safety mechanism and it is also an anti-inflation mechanism - so you get two for the price of one. “Some people will claim there’s no value to it (gold) but so what, it does what it’s supposed to do,” according to Joseph Saluzzi, co-head [...]
Continue reading "Gold Price Toes The Currency Line"
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"
Wednesday, August 13, 2008
By Dave Brown – Exclusive to GoldInvestingNews.com Despite a challenging day on Wall Street, hope springs eternal as investors received some positive news flow and gold analysts believe that the precious metal continues to show upside potential. An unexpected contraction in the US trade deficit in June resulted, as record imports of petroleum were overshadowed by [...]
Continue reading "Getting the “Bull” back into the “Bullion”"
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Monday, November 9, 2009