Gold Range-bound as Investors Prepare for Year’s End
Gold prices spent the week in range-bound territory amid thin volume and year-end adjustments to investor portfolios.
Articles Tagged "u s gold"
Gold slips 1.3 percent as euro retreats
Reuters reports that on Thursday Gold fell 1.3 percent to close in on $1,360 an ounce.
Gold climbs above $1,420/oz on haven buying
Reuters reports that Gold rose above $1,420 an ounce for the first time since mid-November on Monday.
Gold extends gains as Ireland worries ebb
Reuters reports that Gold strengthened on Friday.
U.S. gold jumps on inflation worry after Fed’s move
Reuters reports U.S. gold futures jumped more than 1 percent on Thursday.
Rye Patch Goal: Ten Million Ounces
Rye Patch has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory within 36 months. The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide.
Economic Recovery Ensures Gold Party
By Kishori Krishnan Exclusive To Gold Investing News Gold mining is down in the dumps, with production decreasing around four to five per cent per year. The days of peak production are way behind us. It is a sad story on the supply side. Even if demand stays the same, there is only one way [...]
Gold Price Approaches Key $1,000 Level
By Kishori Krishnan Exclusive To Gold Investing News Gold prices inched up on Monday in Tokyo, as the dollar weakened, prompting investors to buy back gold after it lost 2 per cent late last week, when optimism about the economy reduced bullion’s safe-haven appeal. Gold stocks have had their heads lopped off, many with 70 [...]
Gold Price Toes The Currency Line
By Kishori Krishnan Exclusive To Gold Investing News Gold is a safety mechanism and it is also an anti-inflation mechanism - so you get two for the price of one. “Some people will claim there’s no value to it (gold) but so what, it does what it’s supposed to do,” according to Joseph Saluzzi, co-head [...]
Gold Price Holding Its Ground
By Kishori Krishnan Exclusive To Gold Investing News Gold, despite losing some of its appeal as a safe-haven asset amid sentiment the worst of the financial crisis may be over, is holding its ground on expectations of long-term inflation once the economy reheats. But how long will it last, is the moot question. Analysts aver [...]
