Articles Tagged "traded"

Gold Price Under Pressure To Perform

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 [...]

ETF Gold collection rose by 27.5% in March

Gold collection under India’s five exchange-traded funds surged by 27.5 per cent on year to 5.02 tonnes in March, data collected from fund houses showed. Arvind Chari, a fund manager at Quantum Mutual Fund, which offers a gold ETF, stated: This growth is reflective of the fact that more investors are investing in gold and [...]

Propitious Conditions For Gold

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 [...]

SBI Mutual funds targets to mop up funds from gold etf

SBI Mutual Funds, the joint venture between State Bank of India and Societe General AMC of France, is targeting to mop up funds from its new SBI Gold Exchange Traded Scheme. SBI MF Chief Investment Officer, Mr Navneet Munot, stated: Given the uncertainty in the global economic environment, gold as an asset class offers an [...]

New York Gold futures slipped as stocks soar

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

Gold mining stocks left in dust

Although gold has shined in recent months, however the rally has left many gold-mining stocks in the dust. Since January 2008, a well-known exchange-traded fund that tracks the price of gold bullion is up 9% — versus a 32% loss for an ETF that tracks gold miners. For full story, click here