
Some weird things are happening in the gold market. For one thing, the spot price is becoming less relevant. Such is the scramble for gold coins and bullion that dealers have widened the spread between the spot price and their premiums. The reason for this ...
Gold Price
You are on page 1 of 3Well, it was a good story, and it is the story that counts! Remember this summer’s one that the world’s major central banks were going to unload their tonnes of gold into the market to help boost the dollar? It wasn’t true! Top global precious metals consultancy ...
It’s not only Wall Street that is being bailed out by the US taxpayer. They’re going to have to find another $25bn to save Detroit too. This is another nail in the dollar’s coffin. And it will be fantastic for gold. The House of Representatives is in the ...
London, England Another exciting day in the world of money... Yesterday, US stocks took another round of in-coming. The Dow dropped 372 points. The dollar went down too – the euro is headed back to $1.50. Oil and gold, on the other hand, managed good progress. ...
Last Wednesday gold hit an 11-month low. It prompted a lot of head scratching. How come, amid all this chaos, the classic safe haven investment was having such a bad time? We gave our answer last Thursday, when we asked if gold’s dip was buying opportunity, or a ...
We had a good response to yesterday’s piece on gold. One reader wrote in: ‘Gold clearly seems to be moving contrary to the direction that received wisdom would suggest as "normal" given the calamitous economic situation the world finds itself in. So what is ...
The tide will turn for gold Now 28% off March highs, the gold price has had its longest fall in eight years! Everybody is asking: has the gold price finally bottomed? Recently Investec Asset Management pointed that at $750/oz mines could start closing. So is this ...
We’ve had a few questions about gold. Here are two examples: I’m trying to keep my nerve at the moment even though I’m holding some gold investments. But I am beginning to feel the pinch. The dollar rally seems to be gaining some momentum which is starting to ...
The gold price hit an 11-month low yesterday and I’ve had a few emails from concerned investors. My main piece of advice is this: don’t panic. The overall background for gold is actually bullish. Economies all over the world are heading into recession. More ...
Rice is in danger of stealing headlines from gold. The price is going through the roof; it more than doubled in the last year! Together rice and gold can make an explosive mix.
In the Philippines they certainly do. Just take a look at what is going on! Miners ...
Gold Price
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