Gold’s Allure Tied to Interest Rates
USfunds.com reports any pullback in gold should be muted as compared to stocks, bonds, and other commodities.
USfunds.com reports any pullback in gold should be muted as compared to stocks, bonds, and other commodities.
Reuters reports that Gold bounced up nearly half a percent on Wednesday.
Goldstocktrades.com reports that gold and silver will move and create a new buy signal.
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 [...]
By Kishori Krishnan Exclusive To Gold Investing News There are some strong headwinds, but bankers and investment houses are still bullish on the yellow metal. Gold is consolidating and prices may decline further in the near term before heading higher, analysts state. ScotiaMocatta insists the “big picture remains supportive for gold. Although gold is facing [...]
Get our independent commentary on gold trends and companies delivered to your inbox.