Goldman Sachs raised its three-month gold forecast
Goldman Sachs Group Inc. raised its three-month gold forecast by 43 percent to $1,000 an ounce this month. For full story, click here
Articles Tagged "trend"
We are yet to see the peak in gold prices
While gold prices have been fluctuating and tending upward, analysts say we may have yet to see the peak in gold prices considering the global economic downturn. For full story, click here
Why gold coins sales are surging in US?
The American Gold Eagles and American Silver Eagles that emerged out of this program have since grown very popular among investors worldwide for several reasons. For full story, click here
Gold prices crossed Rs 14,600-level
Gold prices crossed Rs 14,600-level fo first time in the history during early trade on the bullion market here today on persistent stockists buyings. For full story, click here
Gold:silver ratio – a pointer to higher prices all round?
Back in biblical times gold and silver prices were at parity although by the Roman era the ratio had widened to between 15 and 16. For full story, click here
Gold/Silver ratio should drop
Gold/Silver ratio should drop at least to the 200 DMA at 66:1. A drop through that level would start a waterfall. For full story, click here
Gold prices burst ahead US$30.10
Gold prices burst ahead US$30.10 to close at US$943.80. Only 8 days in July did the gold price close higher than today. For full story, click here
Fall in prices have forced cos to abandon plans
The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream. For full story, click here
Marriage season boosted demand
An ongoing heavy marriage season here further boosted demand for gold among jewellers. For full story, click here
Markets turned extremely bullish
The international gold markets, which normally determine prices on the domestic front here, turned extremely bullish after it surged to 913.70 dollars an ounce on the New York Mercantile Exchange, up from 892.40 dollars. For full story, click here
