Gold Advances as European Sovereign-Debt Concern Lingers
Bloomberg reports that Gold rose for the first time in three days in London.
Articles Tagged "sovereign debt"
Gold Futures Rise to Record Closing Price on `Currency Debasement’ Concern
Bloomberg reports that Gold futures rose to a record settlement of $1,416.10 an ounce on concern the U.S. will pump more cash into the economy.
Gold hits record on inflation worry, Europe debt
Reuters reports that on Tuesday, Gold's record-breaking spree continued.
Gold Needs Big QE To Sustain Rally
Indexuniverse.com reports that Gold’s recent surge to be about two key factors.
Gold Price Pushing Past Key Resistance Levels
A late morning $20 bounce put a smile on every gold bug’s face, and by mid-day the precious metal had shot above $1240 an ounce, hitting a high of $1246.20 late in the day. Prices backed off a bit to close at $1241.30 an ounce on the COMEX.
Gold Price Future Tied to Inflation?
One significant factor underpinning the price of gold right now is high expectations of inflation increasing globally. Although many analysts agree that inflationary concerns will provide support for gold prices, some are much more bullish in their price forecasts than others.
Mining Stocks: Investors Pot of Gold
Since Saint Paddy’s Day 2009, gold has gained 23 per cent. Many Gold Stocks have posted even more impressive gains.
Gold: Risky Play or Safe Bet?
By Melissa Pistilli-Exclusive to Gold Investing News A number of factors, real or imagined, combined to move the gold price down to touch a two-week low at $1087.70 an ounce early Thursday and then back up to nearly the $1110 level in a matter of hours. Movements in the gold market are becoming less and [...]
