ABC News reported two hot stories developing in the gold coin biz this week including the launch of an investigation by California authorities into Glenn Beck-backed Goldline International and a lesser known dealer, Superior Gold Group, and outrage amongst gold coin sellers over a new tax law amendment that includes coin and bullion transactions.
The Tirumala Tirupati Devasthanam, which manages the famous temple at Tirumala announced that it would sell gold and silver coins of lord Balaji and Goddess Padmavathi at its information centre here on the ‘Akshaya Tritiya’ day. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News As investors the world over turn to a recognised store of value, gold demand has pushed through the US$100 billion barrier. Sustained investor interest in gold over the course of 2008 against a backdrop of the worst year on record for global stock markets and many other [...]
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 [...]
The Economic Times of India reports with the global crisis in the financial markets, gold buying spirit has been pretty slow despite the festivities in the coming week. “In the current financial crisis in the global market, semi-urban and rural India are going ahead with gold buying, while in urban centres, they are adopting a [...]
Commodity Online reports Indian Postal department announced plans to offer 24 carat gold coins through selected post offices in four states. In the first phase, gold coins in the denomination of half gram, one gram, 5 grams and 8 grams will be sold in over 100 post offices in Delhi, Tamil Nadu, Maharashtra and Gujarat [...]
Conspiracy theories, government intervention, international secret cabals, transmutation, mystical powers—no, this isn’t the X-Files movie. Welcome to investing in gold. The emotional aspects of gold are something we are exposed to from a very young age. Gold is everywhere: our parents’ wedding rings, pirate treasure, chocolate “gold” coins, royal artifacts, glittering fillings in rap videos… [...]
Wednesday, July 21, 2010