Spot gold prices regained lost ground Monday, snapping the metal’s recent losing streak. Gold has fallen 5.7 percent this month, the worst start to a year since January 1997 when the metal dropped 6.3 percent.
Continue reading "Gold Snaps Losing Streak"
Wednesday, August 4, 2010
Sprott Asset Management's chief investment strategist, John Embry, told Mineweb’s Gold Weekly podcast listeners Wednesday that if gold’s “not between $1,500 and $2,000 in the next 18 months, I'm dead wrong."
Continue reading "Will Gold Hit $2000 by 2012?"
Wednesday, April 21, 2010
One significant factor underpinning the price of gold right now is high expectations of inflation increasing globally. Although many analysts agree that inflationary concerns will provide support for gold prices, some are much more bullish in their price forecasts than others.
Continue reading "Gold Price Future Tied to Inflation?"
Thursday, October 15, 2009
By Kishori Krishnan Exclusive To Gold Investing News Niggling doubts have started to creep in – does gold have enough power to sally forth? Several researchers are revising their forecast and the bullish views are turning bearish. Can gold pull through? The blaring headlines don’t help: `The yellow metal appears to have lost its lustre’; [...]
Continue reading "Can Gold Sustain The Bull Run?"
Monday, November 17, 2008
By Kishori Krishnan – Exclusive to Gold Investing News With the price of oil falling more than 60 per cent from a peak in July, Iran has converted its financial reserves into gold to avoid future problems. Iran, the world’s fourth-largest oil producer, is facing declining revenue from its oil exports after crude prices tumbled. [...]
Continue reading "Crude tumbles, gold slips, demand surges"
Friday, July 11, 2008
Forbes reports India spot gold prices closed 1.6 percent higher on Friday keeping domestic buyers off. At 2:45 p.m. in London, gold was trading at $966, well supported by soaring crude prices, which hit an all-time high of $147 per barrel, rampant inflation fears, worries over the global economy’s health and as the dollar remained [...]
Continue reading "India spot gold rises 1.6 pct on overseas leads"
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Monday, January 24, 2011