Where is the Price of Gold Going?
Will gold ever be able to decouple from the dollar like it almost seemed to do earlier this year, or has its status as safe haven asset irrevocably shifted to the risk-asset class? Time will tell.
Articles Tagged "greenback"
Seniors Eyeing Shining Gold Juniors
By Kishori Krishnan Exclusive To Gold Investing News There are two ways to play the gold game. Either keep a watchful eye on the biggies and check out their every move, or latch on to some tried and tested junior gold miners, many of who are set to have their day in the sun. Back [...]
Gold’s High Price Incentivizes Exploration
By Kishori Krishnan Exclusive To Gold Investing News The numbers have come in. Treading gingerly but showing the way, Rio Tinto, the international mining group that combines Rio Tinto plc, listed on the London Stock Exchange and Rio Tinto Limited, listed on the Australian Stock Exchange, has reported a pre-tax profit of US$ 7.86 billion [...]
Gold’s Lustre Takes A Toss
By Kishori Krishnan Exclusive To Gold Investing News Dump your gold and lick your wounds. Don’t do it in private though. There are lots of folks out there in a similar position. The Fed is bound to raise rates sooner than you think, and gold has peaked. Muted investment demand, coupled with a change in [...]
Money Is In For Gold
By Kishori Krishnan Exclusive To Gold Investing News The horse is out of the barn, the damage has been done. Look at how the gold price has been dumped, from its lofty highs. But even as gold’s allure continues to weaken with risk-averse investors, there is someone who is making hay – gold miners. These [...]
Gold Funds Know Something
By Kishori Krishnan Exclusive To Gold Investing News Is the gold ship about to sink? Could that be the reason why some `rats appear to be deserting’ it? We are talking about hedge fund managers here, many of whom appear to be selling to exit their positions. Are they intent on capturing profits, or could [...]
Gold Price Set To Correct
By Kishori Krishnan Exclusive To Gold Investing News We would not like to be a party pooper, but the near term risk for gold remains very much on the downside. Throughout 2009, gold price has been pretty steady. No doubt, it ended the year 24 per cent stronger than from the start of the year, [...]
Gold Jitters Sweep Streets
By Kishori Krishnan Exclusive To Gold Investing News The gold bugs are running scared. Unable to trade, lacking any clear direction, they have turned cautious and prudent. They are clearly running for cover. News of Abu Dhabi’s largesse gave an instant boost to Asian bourses. Not so for Greece, with its deteriorating public finance situation. [...]
Good Pickings In Gold
By Kishori Krishnan Exclusive To Gold Investing News Weakness in the gold sector proved to be a major blip for Toronto stocks which fell on Monday, as investors collected profits on last week’s rally to an eight-month high. Gold stocks fell 1.75 per cent and materials stocks dropped 1.3 per cent as the precious metal [...]
Get Ready For The Rally
By Kishori Krishnan Exclusive To Gold Investing News The price of gold slipped below $920 an ounce in Europe on Wednesday, as a firmer greenback hit demand for the metal, It did remain in a relatively tight range though. “As long as we stay between $915-940, gold is more or less stuck in a range [...]
