Gold Hawk Resources Inc. reported that the Board of Directors has approved an amendment to the Company’s Stock Option Plan rising the number of shares reserved for issuance under the plan. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News The recent rally in American and Canadian equity markets is soon to give way to a gut-wrenching collapse that will push equities to shocking new lows, with gold prices reacting by rallying to new highs. After having correctly anticipated the timing and extent of the March 9th [...]
Gold declined in Asia as a rally in global equities resumed, eroding demand for the precious metal as a store of value. For full story, click here
Precious metals royalty manager Royal Gold Inc. declared that it has netted more than $235 million in a public offering of shares it will use to purchase an interest in gold production. For full story, click here
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 [...]
By Kishori Krishnan Exclusive To Gold Investing News Though 2009 is slated to be another challenging year for gold, most gold producing companies are securely placed to benefit from gold’s continued strength. Take the case of Randgold Resources Ltd, (NASDAQ:GOLD, LON:RRS) the owner of gold mines in West Africa, which has announced upgrades. The company [...]
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
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 The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by the [...]
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
Get our independent commentary on gold trends and companies delivered to your inbox.
