The Financial Post reported that investors are engaging in a mass exodus from gold, the likes of which have not been seen since 2007.
Articles Tagged "gold value"
The Financial Post reported that central banks, growing nervous with the unrest in the Middle East, were seeking haven in gold.
Reuters reported that gold recouped losses from the previous day's losses in Wednesday trading.
Business Insider reported that gold is a medium through which wealth is preserved over the years.
Bloomberg reported that gold futures hit a one-week high on Thursday, encouraged by signs that Europe's debt crisis may be under control.
CNBC reported that despite a history of strong seasonal demand from Asian consumers, gold is unlikely to break the $1,800 an ounce barrier.
Bloomberg reported that Indian demand for gold is set to rise, driven in part by lower buillon prices. This may support a rally in prices.
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.
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 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.