Gold Prices May Drop if Physical Buying Slows
Bloomberg reported that gold prices are expected to fall if investors purchase less physical gold.
Articles Tagged "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 $1.46-billion deal to buy Northgate Minerals Corp. eliminating a prior merger offer from Primero Mining Corp.
Gold Equities versus Bullion
Warren Buffett, the world famous investor and Chairman of Berkshire Hathaway noted that “Fiscally, we are in uncharted territory. Because of this gigantic deficit, our country’s ‘net debt’ is mushrooming… no one can know the precise level of net debt to GDP at which the United States will lose its reputation for financial integrity.”
Gold Set To Singe: Wolf At Our Door
By Kishori Krishnan Exclusive To Gold Investing News The Emperor is naked. The debt of the US government is turning out to be in fact irredeemable. And gold is poised to break out. Remember, gold outperforms in a crisis. The inconspicuous beginnings of irredeemable debt have blossomed into a colossal edifice in the United States, [...]
Gold’s High Price Incentivizes Exploration
By Kishori Krishnan Exclusive To Gold Investing News The numbers have come in. Treading gingerly but showing the way, Rio Tinto, the international mining group that combines Rio Tinto plc, listed on the London Stock Exchange and Rio Tinto Limited, listed on the Australian Stock Exchange, has reported a pre-tax profit of US$ 7.86 billion [...]
Bears Around The Corner
By Kishori Krishnan Exclusive To Gold Investing News The bears appear to be moving in. Eager to retain their stranglehold on bullion, the bears are placing gold in a very vulnerable position at this point. Though gold posted its biggest rally since October on Monday, with spot gold trading at $1,105.13, up 2.25 per cent, [...]
Gold Bulls Roar
By Kishori Krishnan Exclusive To Gold Investing News Its bargain hunting time. Gold continues to be the bright spot in the bullion market, with many investors timing the dips as a good opportunity to buy more of the precious metal. For the first time in four days, gold gained in New York on speculation that [...]
