By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
By Kishori Krishnan Exclusive To Gold Investing News With friends like these, who needs enemies? Silver and gold have a new best friend amongst their midst – Ben Bernanke. His pronouncement has engineered one of the last decade’s most dramatic turnarounds, with gold price leaping nearly 60 bucks and silver joining in the melee with a [...]
MarketWatch reports how sentiment influences gold’s short term markets after having US legislation pass the bill on the bail-out plan on Friday last week. Take Friday, the day in which the much-vaunted Wall Street bailout legislation finally received Congressional approval. There is no reasonable doubt that this legislation will have significant long-term inflationary consequences. And yet, [...]
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