Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
By Kishori Krishnan Exclusive To Gold Investing News Goldman’s gold-plated earnings set the score. Citigroup and Bank of America joined Goldman Sachs and J.P.Morgan in reporting better-than-forecast earnings for the second quarter of 2009. A fact that buoyed the market and the price of gold. Next week, the main event is slated to be the [...]
Indian gold prices surged on Wednesday on a small spurt in demand towards the end of the wedding season in June. For full story, click here
By Kishori Krishnan, Exclusive to Gold Investing News Mumbai, India It’s a new form of gold rush. Prospectors, jewelery stores and pawnshop counters are passé in the wake of this new feed. The feverish charge for the yellow metal is now unfolding across corporate offices, mutual fund counters and retail stores across India. The biggest [...]
For years while the equities market was hot, many investors stayed away from gold, thinking it a poor investment. However, given recent events, including a weakening dollar and the potential for stimulus/bailout induced inflation, many of those investors are now looking to gold as a long term safe haven. In response, for 2009 The MoneyShow [...]
A latest report presented by Citigroup declared that gold prices are expected to surge further in the coming months, but the uptrend is likely to reverse after the return of confidence in the equity market. For full story, click here
Jolted by the sharp dip in physical demand for gold resulting from sustained high prices, suppliers are banking on Akshaya Thrithiya, an auspicious day in the Hindu calendar, to raise up sales. It falls on April 27. For full story, click here
Even when gold prices are on the decline in the past few weeks, analysts across the globe are forecasting a rise in the coming months. For full story, click here
India’s gold trade is desperately hoping a 12.5 percent dip in prices from an alltime high will ring in sales at a gold-buying festival later in April, a small window of opportunity before another dull spell. Ariez Tata, director with Cogent Jewellery, stated: We are getting orders and also hopeful of getting more. For full [...]
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
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