Articles Tagged "troy ounce"

Weekend Wrapup

By Dave Brown – Exclusive to GoldInvestingNews.com We are now into the month of August, and much of the world is anticipating the arrival of the 29th Olympic Games in China. The year 2008, marks the year of the rat in the Chinese zodiac and the month of the August coincides with the symbol of [...]

Anxiety Abounds

By Dave Brown – Exclusive to GoldInvestingNews.com Investors looking for a clear cut answer from the markets are left scratching their heads, as the market continues to be awash with conflicting opinions and analysts’ forecasts. The results are observed in a hyper sensitive environment where there, “has been a flood of brash pronouncements as the [...]

Weekend Wrapup – Gold Investing News

By Dave Brown – Exclusive to GoldInvestingNews.com With OPEC bolstering output in order to cut prices, the week ended on a positive note for Wall Street as the markets rallied on the strength of positive news flow. The spot price of gold increased slightly over Thursday’s closing price to USD $ 929.80 per troy ounce. [...]

Heart Attack Special

By Dave Brown – Exclusive to GoldInvestingNews.com What happens when the perfect hedge against inflation, becomes related in a peculiar manner to escalating food prices? After another 2 successive days of volatility and weakness in the equity markets, Wall Street Bankers considering tightening their purse strings and their belts may ponder this very conundrum, prior [...]

Weekend Wrapup

By Dave Brown – Exclusive to GoldInvestingNews.com A quiet day on the U.S. Markets on Friday capped the week, with the spot price of gold closing at USD $933.25 per troy ounce up slightly from last Friday’s price for a 60 basis point gain on the week. The spot price of gold has seen strong [...]