Gold Falls to $1,427.56 an Ounce in New York
Gold fell $2.855, to $1,427.56 an ounce, on the COMEX in New York.
Articles Tagged "physical gold"
Physical Gold Rush Follows April Price Declines
Gold fell sharply last month, but now investors are taking an interest in physical gold.
Retail Investor Appetite Continues to Fall
Reuters reported that retail gold buying fell in March, marking the third month of decline in a row.
A Guide to Physical Gold Investing
Thinking of buying gold? Here are some things you need to know.
Gold Prices May Drop if Physical Buying Slows
Bloomberg reported that gold prices are expected to fall if investors purchase less physical gold.
Anticipated Higher Demand Boosts Gold Prices
Bloomberg reported that gold prices rose on expected higher physical demand.
Can Gold Help to Resolve the Eurozone Debt Crisis?
Debate over the potential of extensive gold reserves held by central banks to resolve the euro zone's economic problems have been pervasive in recent months just as fear of exposure to the sovereign debt crisis has grown. In fact, reports of the German central bank liquidating some of its gold reserves for the first time in almost a year have surfaced, selling 150,000 troy ounces in October.
Indians Rush to Buy More Gold During Festive Period
Mineweb reported that the Diwali festival has fuelled physical gold sales in India despite rising prices.
Gold Prices Fueling International Expansion
This week mid-tier gold miner AuRico Gold Inc. announced a $1.46-billion deal to buy Northgate Minerals Corp. eliminating a prior merger offer from Primero Mining Corp.
Gold Equities versus Bullion
Warren Buffett, the world famous investor and Chairman of Berkshire Hathaway noted that “Fiscally, we are in uncharted territory. Because of this gigantic deficit, our country’s ‘net debt’ is mushrooming… no one can know the precise level of net debt to GDP at which the United States will lose its reputation for financial integrity.”
