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Posted an entry on The Gold Economy
Weekly Gold Market Review – Week Ending 2nd December 2011
Gold Breaks Losing Streak Amongst Centralised Action And Confusion After two weeks of falls, gold finally finished a week in positive territory, ending at $1746.10 and around 3.6% better than last week’s closing level. The move was boosted...
2011-12-04 12:24:04
Posted an entry on The Gold Economy
Gold Rebounds for Second Straight Day on Eurozone Cues
The price of gold rebounded on Monday after it suffered losses last Friday. Gold traded higher Monday on the hope that the leadership of the European countries are striving to find solution to the protracted debt crisis the continent of Europe has been...
2011-11-29 10:08:15
Posted an entry on The Gold Economy
Weekly Gold Market Review – Week Ending 25th November 2011
Gold Falls for a Second Week as Debt Concerns Spread Gold fell for a second week in a row, ending on Friday 2.5% lower than the previous week, as once more European debt concerns weighed on investors. The Thanksgiving holiday in the United States at the...
2011-11-27 12:02:38
Posted an entry on The Gold Economy
Weekly Gold Market Review – Week Ending 18th November 2011
Gold News: Gold Gives Ground After a Month of Gains After gaining through much of the last few weeks, gold gave up some ground this week. Though recovering a little on Friday, the price had retreated since Monday, and most notably on Thursday in...
2011-11-20 12:21:00
Posted an entry on The Gold Economy
Weekly Gold Market Review – Week Ending 11th November 2011
Gold ended a mostly positive week ahead by 1.6%. Once more, gold news has been dominated by European political and financial woes, which culminated with a focus shift from the troubles of Greece to the troubles of Italy. Italian bonds yields rose...
2011-11-13 01:59:52
Posted an entry on The Gold Economy
GOLD MARKET REVIEW OCTOBER 2011
After retreating through much of the last few weeks, Gold snapped its losses and ended the month 6.3% firmer. Negative sentiment from the US caused equity markets to retreat at the start of the month. Investors turned to the precious metals as bargain...
2011-11-06 15:01:31
Posted an entry on Gold Economy - Gold News
Weekly Gold Market Review – Week Ending 28th October 2011
Investors return and push precious metals higher This week saw the gold price strengthening, as investors took on board the implications of the deal thrashed out between the Finance Ministers and Leaders of the Eurozone countries. This deal will see the...
2011-10-30 04:48:56
Posted an entry on Gold Economy - Gold News
Gold Rallies for Fifth Straight Trading Day on Eurozone Debt Deal
Gold gained 1.5 per cent on Thursday for the fifth straight trading day to attain $1,750 per ounce on major commodity markets around the world as investors saw the European debt deal as a positive tone towards easing the region’s debt burden. The EU...
2011-10-28 05:42:34
Posted an entry on Gold Economy - Gold News
Gold Attains One-Month Record Highs after September Plunge
In a bid to regain its safe haven status, gold attain one-month highs in major markets around the world on Wednesday as it rose above $1,700 per ounce in the wake of increased demand for the yellow metal occasioned by apparent delay in resolving the...
2011-10-27 05:23:05
Posted an entry on Gold Economy - Gold News
Weekly Market Update – Week Ending 21st October 2011
Gold Posts First Weekly Loss of October As Investors Remain Cautious Gold traded steadily lower during the first four days of the week, though it did recover some poise on Friday as investors came back into the market ahead of the weekend’s meeting of...
2011-10-23 05:14:25
Posted an entry on Gold Economy - Gold News
Weekly Market Update Week Ending 14th October 2011
MARKETS GAIN GROUND AS EUROZONE COUNTRIES RATIFY EFSF PLANS Market direction is currently being dictated by global economic news. Hot on the heels of last week’s steadying ship statement from European leaders came a raft of EFSF (European Financial...
2011-10-16 04:52:50
Posted an entry on Gold Economy - Gold News
An Analyst Considers Central Fund of Canada (CEF) as an Intelligent Way to Invest in Gold
Central Fund of Canada (CEF), a closed-end gold and silver mutual fund, has been considered an intelligent way to invest in gold and a better alternative to the ETFs by an analyst and the editor of Professional Timing Service, Curtis Hesler, according...
2011-10-13 10:05:29
Posted an entry on Gold Economy - Gold News
Weekly Market Update
This week has seen another volatile week for investors, with price action once more taking its lead from debt news. The week opened fairly steadily, but took a turn for the worse as markets once more worried about the high levels of European debt and...
2011-10-09 06:03:24
Posted an entry on Gold Blog
SPOTLIGHT ON GOLD CERTIFICATES
GOLD CERTIFICATES Some investors in gold prefer to trade in gold certificates rather than holding physical gold itself. They offer a way to own a holding in gold, without the need for accepting delivery of gold bars, or coins, and the cost of storing...
2011-10-09 05:30:01
Posted an entry on Gold Blog
The Price of Gold Drops as Fitch Ratings Downgrades Italy and Spain
Gold went down in price by 1.1 per cent on Friday as it settled at $1,635.80 while it lost $17.40 per ounce as recorded at the COMEX division of the New York Mercantile Exchange possibly showing the distastes of investors for Europe’s debt burden as...
2011-10-08 14:06:12
Posted an entry on Gold Blog
Alaska Sets to Ban Gold Mining Project in Bristol Bay to Protect Wildlife
Alaska is set to place a ban on gold mining activities in Bristol Bay if Alaskans cast their votes next week in favour of the ban which supporters of the ban claim will offer protection to the salmons and other wildlife that naturally inhabits the bay....
2011-10-07 02:00:19
Posted an entry on Gold Blog
Gold Mining Companies Intercepts High Grade Gold at Various Drilling sites
While the price of gold has been dropping continually over the past few weeks from its all-time high touching off of the $1900 historical price per ounce it attained just over a month ago, some gold mining companies have intercepted high grade gold...
2011-10-05 21:17:50
Posted an entry on Gold Blog
Monthly Gold Market Review: September 2011
MARKET COMMENTARY Gold declined by a shade over 11 % during the month, as investors were spooked by a raft of bearish news. First came US employment figures that shocked the market, giving concern that its economy has stalled. Then, the market was hit...
2011-09-30 15:24:49
Posted an entry on Gold Blog
SPOTLIGHT ON GOLD ETFs
EXCHANGE TRADED FUNDS BASED ON GOLD Exchange Traded Funds (ETFs) are easily traded instruments that can be used by investors in a number of ways. They can be used to enhance a portfolio, and fit in with investment strategies that have different aims....
2011-09-30 05:26:56
Posted an entry on Gold Blog
The Role Gold Plays in Industrial Applications
Gold is known to have many industrial uses besides its investment value as a hedge against inflation. Data provided by the World Gold Council indicates that the industrial applications of gold accounted for about 12 per cent of the world market demand...
2011-09-29 07:59:51
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