NY Gold Eases As Economy
The Wall Street Journal reports that U.S. economic data and a stronger dollar weighed on Comex gold prices.
The Wall Street Journal reports that U.S. economic data and a stronger dollar weighed on Comex gold prices.
Bloomberg.com reports that the Gold futures rose on speculation that the Federal Reserve will increase debt purchases.
Reuters reports that on Wednesday, Gold price edged higher recovering from a 2.5 percent fall the previous day. The market reassessed a surprise rate hike by China.
By Kishori Krishnan Exclusive To Gold Investing News The Emperor is naked. The debt of the US government is turning out to be in fact irredeemable. And gold is poised to break out. Remember, gold outperforms in a crisis. The inconspicuous beginnings of irredeemable debt have blossomed into a colossal edifice in the United States, [...]
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Today’s panic-driven markets are wiping out your portfolio. But a simple investment in gold and silver can provide the safety you need for today’s economy. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News Gold, despite losing some of its appeal as a safe-haven asset amid sentiment the worst of the financial crisis may be over, is holding its ground on expectations of long-term inflation once the economy reheats. But how long will it last, is the moot question. Analysts aver [...]
U.S. gold futures dipped 1 percent on Thursday as a better tone to the economy dampened safe-haven demand, while an imminent bankruptcy filing by U.S. automaker Chrysler should not affect platinum group metals demand. For full story, click here
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 [...]
Price of the yellow metal is likely to rebound to above $800 per ounce in the next three months as the full scale of the economic downturn sets in. For full story, click here
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