Bloomberg reports that on Friday, Gold futures fell, heading for a weekly loss, as concern that China may tighten monetary policy.
The Wall street Journal reports that on Tuesday, investors continued to buy gold ahead of an expected Federal Reserve monetary-stimulus announcement.
Indexuniverse.com reports that Gold’s recent surge to be about two key factors.
By Kishori Krishnan Exclusive To Gold Investing News Here we go again – is gold price in for a slide or a rise? Wednesday morning the gold price fell through $1,120 per ounce, its worst decline in 2010, as a marginally weaker US dollar was unable to buoy the price of gold. Throughout the day, [...]
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’; [...]
Friday, December 10, 2010