By Kishori Krishnan Exclusive to Gold Investing News Gold jumped to its highest in Asia in almost four weeks on Monday as fears of a global flu pandemic prompted investors to seek safer assets. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April [...]
Continue reading "Gold Price Soars, Then Slides"
Monday, April 13, 2009
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
Continue reading "Propitious Conditions For Gold"
Monday, November 10, 2008
By Kishori Krishnan – Exclusive to Gold Investing News The results are daunting. Barack Obama’s victory in the U.S. presidential election and Democrat gains in Congress did not do much for the yellow metal. Gold declined in Asia on speculation that the move would speed the dollar’s recovery against the euro. The currency climbed against [...]
Continue reading "Dull market takes shine off gold"
Thursday, November 6, 2008
Gold futures were up for the 1st time in 3 sessions amid speculation that the yellow metal’s prices, having suffered their biggest monthly loss in 25 years, may have bottomed. Mark O’Byrne, executive director at Gold & Silver Investments, said: The performance of the precious metal mining shares may be an indication that we are at [...]
Continue reading "Gold up on speculation prices have bottomed"
Friday, October 3, 2008
MarketWatch reports gold prices fell for a second day today and the dollar rallying with the hopes of a revised version of the bail-out plan will pass in Congress. Gold for December delivery fell $15.80, or 1.9%, to $828.50 an ounce in early trade on the Comex division of the New York Mercantile Exchange. Trading was [...]
Continue reading "Gold falls as dollar rallies ahead of rescue-plan vote"
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Monday, April 27, 2009