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
Continue reading "Goldman Sachs raised its three-month gold forecast"
Tuesday, February 17, 2009
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
Continue reading "We are yet to see the peak in gold prices"
Tuesday, February 17, 2009
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
Continue reading "Why gold coins sales are surging in US?"
Monday, February 16, 2009
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
Continue reading "Gold prices crossed Rs 14,600-level"
Monday, February 16, 2009
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
Continue reading "Gold:silver ratio – a pointer to higher prices all round?"
Wednesday, February 11, 2009
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
Continue reading "Gold/Silver ratio should drop"
Wednesday, February 11, 2009
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
Continue reading "Gold prices burst ahead US$30.10"
Wednesday, February 11, 2009
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
Continue reading "Fall in prices have forced cos to abandon plans"
Wednesday, February 11, 2009
An ongoing heavy marriage season here further boosted demand for gold among jewellers. For full story, click here
Continue reading "Marriage season boosted demand"
Wednesday, February 11, 2009
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
Continue reading "Markets turned extremely bullish"
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Wednesday, February 18, 2009