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’; [...]
By Kishori Krishnan Exclusive To Gold Investing News Weakness in the U.S. dollar and rising oil prices gave gold another boost on Monday. Gold futures rose 1.2 per cent to end at their highest level in more than five weeks as a private-sector rescue of U.S. lender Cit Group raised economic optimism, pressuring the dollar [...]
Jewellers from India and other parts of Asia have turned their backs on gold with prices hovering near six-week highs, while purchases from the electronics sector offered little support for premiums. For full story, click here
Premiums for gold bars firmed to their highest level in two months on Monday, with prices below $900 an ounce attracting steady interest from consumers in India and other parts of Asia. For full story, click here
Thursday, October 15, 2009