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 [...]
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 [...]
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 [...]
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, [...]
The Economic Times(India) reports an increase in demand for gold with the upcoming festivals. Gold demand rose as retail investors rushed to buy the precious metal attracted by the recent fall in prices and festival demand, dealers said. The next major Hindu festivals are Dussera and Diwali in October, when a lot of consumers buy gold [...]
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