Haiti’s Gold Mining Potential
With gold prices climbing ever higher and a new regime in place, Haiti may finally be able to realize its gold potential, but risks still remain.
Articles Tagged "gold value"
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 Down on Eurozone Uncertainty
Gold followed the equities lower on Friday, as discord among the G20 leaders on boosting the IMF’s firepower to fight the Eurozone debt crisis led to investor apprehension.
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.
Gold Has Worst Month Since 2008 Financial Collapse
This September, gold took part in a massive sell-off as investors moved to liquidate positions in the face of a deteriorating global economic picture. In the end, the metal lost 11 percent of its value.
Gold Price Stability from an Institutional Perspective
William Rhind, Head of US Operations for ETF Securities described his perspective on relative gold price movements, “we are going to see a little bit more consolidation and stability around the gold price we saw a big move in the last few days over $100 as its moved up from its low in the $1500s.I think that right now we are looking for a little bit of stability.”
Gold Prices Optimistic in Recession Fears
Although forecasting the price of gold has recently become an activity that has enjoyed as much consideration as the universal pastime of speculation for gasoline prices at the pump, recent global conferences have attracted some interesting participants in projecting future gold price targets.
Northern Freegold – District Sized Opportunity in Yukon Gold Belt
Northern Freegold is controlled and operated by a technical group of Yukon locals who know the land and the communities they are working in. NFR’s Nucleus deposit contains an inferred resource of million ounces of gold at 0.87 g/t. In June 2010 NFR started a 10,000m drill program aimed at increasing the size of this deposit.
2011 Gold Trends
After a record breaking price run in 2010, gold was one of the most watched commodities coming into 2011. Analysts were keen to make predictions as to whether the metal would continue its rally, or if prices would see a steep correction.
Red Flags Precede Gold’s Drop
Forbes reported that despite a positive outlook for gold prices, a price correction was imminent.
