By Kishori Krishnan Exclusive To Gold Investing News All the signals are promising for gold stocks to rise. A prominent hedge fund manager claimed recently that commodities could be in line for a major boom in the next 18 months, Forbes has reported. In India, the largest consumer of the yellow metal, the Bombay Bullion [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
The gold market in New York spent most of the trading session lower on Monday as equities rallied. Gold futures for April delivery slipped 3.70 dollars, or 0.4 percent, to 952.50 dollars an ounce on the New York Mercantile Exchange. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News With friends like these, who needs enemies? Silver and gold have a new best friend amongst their midst – Ben Bernanke. His pronouncement has engineered one of the last decade’s most dramatic turnarounds, with gold price leaping nearly 60 bucks and silver joining in the melee with a [...]
By Kishori Krishnan Exclusive To Gold Investing News The dollar rose as did gold. Gold rose in Europe on Thursday as the world’s largest gold-backed exchange-traded fund’s holdings set a record and Wednesday’s equity rally fizzled out, boosting the appeal of gold as a safe investment. Spot gold rose to $913.15/$914.15 an ounce from $906.65 [...]
Gold futures are currently rallying on potential US dollar weakness. For full story, click here
On the London Bullion Market, gold rallied to $814.50 an ounce at late fixing from $774.50 a week earlier. For full story, click here
Gold fell for the first time in six days, halting the longest rally since July, as a rebound in the dollar slashed demand for the precious metal as an alternative investment. For full story, click here
The yellow metal is trading near around USD 50 per barrel at this point in time but we have seen a low of USD 48.25 per barrel in the earlier Asian trade. For full story, click here
Any hoped-for rally in gold prices has likely been put on hold by escalating deflation concerns tarnishing the precious metal’s value as an inflation hedge, experts say. For full story, click here
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