Federal Interest Rates Boost South Africa Gold Index
Bloomberg reported that continued low Federal interest rates pushed South Africa's gold mining index to a near two-month high.
Articles Tagged "gold index"
Gold Producers Poised Like ‘Coiled Spring’ to Rally: Commodities
Bloomberg reported on the disconnect between gold stocks and bullion prices.
South African Gold Miners Post Worst Three-Day Drop in 29 Months
Bloomberg reported that a three-day consecutive decrease in South African gold index prices was the worst in over two years.
Junior Miners Shine Strong
By Kishori Krishnan Exclusive To Gold Investing News There is some serious flirting going on. Gold futures which have been on a see-saw ride in recent months, unsure whether to make the leap over the $1,000 an ounce hurdle or stay put a while, is flirting like crazy – with the $1,000 figure, that is. [...]
Gold rises after biggest weekly slide
Bloomberg.com reports gold rebounded after the biggest weekly slide in 25 years. The 14-day relative strength index of gold remained below 30 last week, a signal for some traders that the price is headed higher. Before today, gold had fallen 14 percent this month as the dollar rallied 6.2 percent against the euro and crude oil [...]
Getting the “Bull” back into the “Bullion”
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 [...]
