Tag Archive | "economy"

Gold Sets New High as Growth Fears Continue

Friday, August 19, 2011

Gold touched a high of $1,877 today, before dropping back to $1,850 an ounce as fears of slowed global economic growth continues to send investors from reeling stock markets. To read more from Reuters, click here.

Global Economic Woes Could Help Gold Prices Hit a New Peak in Coming Years

Tuesday, February 15, 2011

If the “doom and gloom” predictions of the global economy’s future do come to fruition, many analysts predict the value of gold will continue on its long-term upward trend, topping $2000 US per ounce in the next couple of years. “It is not unreasonable with all the issues – the sovereign debt, municipal debt, huge trade deficits, and the cost of carrying – that gold will hit $1600 an ounce this year and $2000 an ounce in the next one to three years,” said Wayne Atwell, Managing Director at Casimir Capital.

Gold Futures Fall for Third Day on Improved Outlook for Economy

Thursday, January 6, 2011

Bloomberg reports that Gold fell for the third straight day on mounting speculation that an improving economy will cut demand for the metal as a haven.

Northland Files Assessment Program for Hannukainen Project

Monday, January 3, 2011

Northland Resources S.A. (TSE:NAU) files an Exploitation (Mining) Concession application to the Finnish Ministry of Employment and the Economy for the Hannukainen iron Oxide-Copper-Gold project.

Gold Advances for a Third Day

Tuesday, December 28, 2010

Bloomberg reports that Gold rose the most in a month after the dollar’s retreat boosted demand for the precious metal as an alternative investment.

Behind the new gold rush

Tuesday, December 28, 2010

The Hindu.com reports that Gold is losing its respect as the default and fail-safe asset class and becoming a speculative instrument.

Gold Drops Most in a Week on Bets Dollar to Extend Rally

Wednesday, December 15, 2010

Bloomberg reports that Gold fell the most in a week on speculation that the dollar will extend a rally.

Gold Futures Rise to Record Closing Price on `Currency Debasement’ Concern

Monday, December 6, 2010

Bloomberg reports that Gold futures rose to a record settlement of $1,416.10 an ounce on concern the U.S. will pump more cash into the economy.

Gold Swings Between Gains, Losses

Tuesday, November 16, 2010

Bloomberg reports that Gold swung between losses and gains amid signs that the U.S. economy.

Gold milestones on the road to record high

Monday, November 8, 2010

Reuters reports that on Monday, Gold powered to another record above $1,398 an ounce.

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Asides
  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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