Gold Miners Look for Investment in Companies over Bullion
Reuters reported that gold companies are looking to offer better valuations to attract investors away from bullion and towards the miners themselves.
Articles Tagged "gold bullion"
Survey Says Gold Could Gain 21% in 2012
Bloomberg reported that gold prices may increase to almost $1900 by the end of this year.
Gold Prices Stall on Greek Indecision
Gold prices have contracted over the past week under pressure from the drop in the euro, with European officials delaying a decision on the potential bailout package for Greece.
Gold Prices Up Three Days in a Row
Reuters reported that gold prices rose to a two-month high on positive employment data.
Gold Investment Product Demand Strong
Strong demand from retail and institutional investors for a new gold investment product has more than doubled the forecast objective of the Royal Canadian Mint's IPO of securities tied to gold reserves.
Gold Futures Up After Record Black Friday Sales
Gold futures rallied Monday, tracking the global equity markets, as record Black Friday sales and evidence that European leaders would come up with a plan to curb the Eurozone’s debt crisis boosted investor sentiment.
Gold Price Steady, but Closes Down for the Week
Gold prices were steady on Friday, however, after suffering a steep loss in the prior session were on track to post a weekly loss, for the first time since September.
Royal Canadian Mint to Raise About C$250 Million in Bullion Reserves IPO
Bloomberg reported that the Royal Canadian Mint is granting an IPO of its gold reserves to raise $250 million.
Gold Recovers after September Sell-off
Following the massive sell-off of gold in September, the price of the yellow metal has stabilized is headed for recovery after dropping from the record high of $1923.70 on September 6.
Central Banks Continue to Buy Gold
Even as spot market gold prices have traded at historical highs over the past few months, central banks are increasing positions and demonstrating support for the precious metal.
