Tag Archive | "gold price ounce"

Gold comes into its own as Citigroup flounders

Sunday, November 23, 2008

By Kishori Krishnan Exclusive To Gold Investing News Speculation is rife: the slumping global economy is expected to reduce demand for commodities. Investor confidence is shaken: Citigroup, the second-largest U.S. bank by assets, looks at options, including a sale of parts of the company or a merger. In the midst of all this gloom, there [...]

Crude tumbles, gold slips, demand surges

Monday, November 17, 2008

By Kishori Krishnan – Exclusive to Gold Investing News With the price of oil falling more than 60 per cent from a peak in July, Iran has converted its financial reserves into gold to avoid future problems. Iran, the world’s fourth-largest oil producer, is facing declining revenue from its oil exports after crude prices tumbled. [...]

First move, wrong move

Wednesday, October 15, 2008

 By Dave Brown – Exclusive to Gold Investing News The old trader’s maxim – First Move, Wrong Move - is often used to describe the absolute despair and euphoria which tend to coexist in the world of behavioral finance, manifesting themselves in market activity.  The observations of last week-end and the start of this week suggest that perhaps [...]

WEEKEND WRAPUP

Sunday, September 21, 2008

By Dave Brown – Exclusive to Gold Investing News For investors, the beginning of September saw negative news flow coming in, largely by way of physical storms originating in the Atlantic Ocean, leaving behind a wake of destruction in the Gulf Region. This week, however, saw a different type of storm originating closer to Atlantic [...]

Flight to safety

Wednesday, September 17, 2008

  By Dave Brown – Exclusive to Gold Investing News The financial markets have found themselves under tremendous downside pressure this week in the wake of the collapse of Lehman Brothers, and the crisis at AIG. Central banks have infused US$200 billion in order to alleviate some of the volatility. Leading the way, the European [...]

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