Gold will be bullish but not gold stocks
Rise in gold investment demand ensured that gold sustained an average of US $872/oz in 2008 representing 25% growth over previous year. For full story, click here
Articles Tagged "rise"
“Gold is extremely under-priced”
Gold prices may rise by 50% and investors can rake in moolah if they make a quick entry, as per Shailendra Kumar, Chief Executive, Commodity Research Group. For full story, click here
Gold sales drop in UAE, Saudi Arabia
Global economic crisis is making hard on gold sales and bullion markets in the United Arab Emirates and Saudi Arabia. Rising unemployment, crash in realty prices and plunging stock markets have taken the sheen out of the gold market in all the major cities across UAE and the Saudi Kingdom. For full story, click here
Derivatives market point towards further rise in Gold prices
The trend in gold derivatives market is pointing towards further jump in prices of the yellow metal, Merrill Lynch said. For more information, click here
International spot gold prices may rise 15 pct year-on-year
As per Wang Rulei from Chengdu Gaosaier, Booming investment demand for gold has pushed up spot prices on the international market in recent weeks as global stock markets continue to worsen. For more information, click here
Mining companies cash in on gold rise
When gold prices soared, gold mining companies’ stocks are witnessing a rise as well. For more information, click here
Gold Price Broke Through
Price rose US$4.70 to US$948.50, an din the aftermarket traded above 950. For full story, click here
Gold rose to a record-high level on frantic buying
Gold rose to a record-high level on frantic buying by stockists and jewellery fabricators. For full story, click here
Randgold FY pretax and gold sales rise
West Africa-focused gold miner Randgold Resources Ltd reported a rise in pretax profit to US$75.9 million from US$63 million a year earlier, while gold sales rose to US$338.5 million from US$289.8 million. For full story, click here
Gold had risen substantially
Gold had risen substantially in the international market, above $900 an ounce levels, while silver was much lower. For full story, click here
