: Dig Media recently conducted its Resources Investing News 2010 Survey to gauge the interests of its readers and gain insight into investors’ perception of the markets. Perhaps most telling was that nearly 69 percent of respondents said they believe the price of gold will reach $1500 before the end of 2010.
Continue reading "Gold to Hit $1500 in 2010, Say Survey Respondents"
Monday, June 7, 2010
A late morning $20 bounce put a smile on every gold bug’s face, and by mid-day the precious metal had shot above $1240 an ounce, hitting a high of $1246.20 late in the day. Prices backed off a bit to close at $1241.30 an ounce on the COMEX.
Continue reading "Gold Price Pushing Past Key Resistance Levels"
Thursday, May 27, 2010
Three news stories moving gold prices this week include the World Gold Council’s recent report, rumors China would sell its euro zone debt holdings, and of all things, the stand-off in the Korean Peninsula.
Thursday, May 20, 2010
After hitting record highs of $1249 an ounce last week, gold has lost much of its May luster the past few days, dropping as low as $1174 an ounce in New York Thursday morning. While traditionally one would expect the precious metal to be trading up in such an environment, uncertainty across all markets remains high.
Continue reading "Gold Price Takes a Beating with the Rest of the Markets"
Thursday, April 8, 2010
Gold bugs are smiling this week, especially after the price of gold surged ahead to a four-month high breaking past $1,150 an ounce Wednesday despite relative dollar strength and the bearish voices heard throughout the market last week.
Continue reading "Gold Price Hangs On to Gains"
Monday, March 22, 2010
Supreme Resources is a diversified gold and base metal exploration company focused on the 100% owned TAS Project located in the Copper Mountain Mining Camp, next-door to the past-producing porphyry copper mines. In addition, Supreme Resources also owns Ample-Goldmax property.
Continue reading "Supreme Resources – Copper and Gold in BC"
Wednesday, March 10, 2010
Gold is in a tug of war between the bears and the bulls this week, fighting off forces determined to push it down below the psychological $1100 level while at the same time struggling to break above $1135 an ounce.
Continue reading "Gold Range Bound, But Above $1100"
Thursday, August 20, 2009
By Kishori Krishnan Exclusive To Gold Investing News History does repeat itself. Going by the historic pattern of the gold market in the ‘70s, gold is set to experience an upward resistance for 19 months after its recent peak. Gold’s recent peak was $1,014 in March ’08, roughly 17 months ago. If this bull market [...]
Continue reading "Gold Price Readying For A Leg Up"
Monday, August 17, 2009
By Kishori Krishnan Exclusive To Gold Investing News Its a revamped third five-year pact to limit sales of European central bank gold, complete with a lowered ceiling for planned disposals, but it is seen boosting the investment case for bullion and extending its multi-year rally. The European Central Bank surprised markets last week with the [...]
Continue reading "Sellers & Buyers Throng Gold Market"
Friday, August 14, 2009
By Kishori Krishnan Exclusive To Gold Investing News Its a gold rush the likes of which the country has not seen in a long time. Dozens of mining companies have recently staked thousands of fresh claims in an area that once teemed with old-time panners and prospectors moiling for gold after digging and finding the [...]
Continue reading "Klondike Gold Rush & Gold Price"
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Wednesday, June 16, 2010