The Editorial Junction reports whether Gold is a Good Hedge or not: As I walked through the airport in Dubai recently, I was struck by the large number of travellers who were buying gold coins. They were not reacting to Dubai’s financial trouble, but rather were joining the eager rush to own gold before its [...]
India gold futures edged lower on Wednesday as slipping crude oil dimmed the yellow metal’s appeal as a hedge against inflation, but a weak rupee kept the downside limited. For full story, click here
Gold inched higher on Monday as the dollar stayed weaker, underpinning investors’ demand for bullion as a hedge against the U.S. currency. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by the [...]
Why did gold touch $1,000 an ounce this month if we have declining prices? Wasn’t gold a classic inflation hedge? For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News Investors are a worried lot these days. Given that inflation is expected to rise due to the large amounts of money being pumped into the global economy by central banks and governments to boost growth and confidence, the worry lines have just got deeper. The U.S. has [...]
By Kishori Krishnan Exclusive To Gold Investing News The number one issue among gold advocates and proponents today is trying to ascertain the future for gold in 2009 and indeed into 2010. The price of the yellow metal has been on the upswing. After breaking the $940 mark, gold is expected to rise to as [...]
By Kishori Krishnan Exclusive To Gold Investing News Canadian stocks posted a high on Thursday as gold prices steamed ahead and financials rebounded. Toronto’s main stock index was higher, lifted by strength in mining companies as gold prices got a boost from safe-haven buying. The resource-laden materials group rose 2.9 per cent and led the [...]
By Kishori Krishnan Exclusive To Gold Investing News The firmer dollar has curbed buying of the precious metal as a currency hedge. An immediate consequence – gold prices slipped another 1 per cent on Thursday, extending the losses of the two previous sessions. After a pretty impressive run last week, where there was ample profit [...]
By Kishori Krishnan Exclusive to Gold Investing News Investment demand for physical gold remains strong as turmoil in the financial markets and fears over the outlook for the global economy boost the yellow metal’s appeal. Weakness in the banking sector, which saw Bank of America and Citigroup report large fourth quarter losses earlier on Friday, [...]
Wednesday, February 3, 2010