The factors limiting gold have a lot to do with fear of another financial crisis bringing us back into the doldrums of 2008. And isn’t gold supposed to be a safe haven investors turn to in unstable times like these?
A number of factors, real or imagined, combined to move the gold price down to touch [...]
Market conditions like tight supply, increased investment demand, growth in industrial demand and rising spot prices create the perfect environment for silver miners to succeed.
Silver prices are doing well so far into the first two weeks of 2010 steadily rising from the $17 level to test $19 an ounce.
On Monday morning, silver danced as high [...]
By Melissa Pistilli-Exclusive to Resource Investing News
Coal Investing News
Several coal companies are newsmakers this week including Consol Energy, which has budgeted $500 million for coal operations in 2010. BHP Billiton has put in an offer to purchase Queensland’s state-owned coal freight business. Teck Resources is on the verge of finalizing a $14 billion takeover of [...]
Demand for silver as an investment vehicle took off in 2009. Silver began the year at around $11.00 an ounce and was testing the $19 level by the fall. In 2010, industrial demand is expected to carry the silver price out of the current end of year slump to test new highs.
We can expect trading [...]
Silver Investing News reports precious metals prices are profitting from further from a weakening US dollar and the rebounding oil prices this week.
There are questions in the market as to whether or not government fiscal policies will lead to inflation, at what pace can we expect global economic recovery to advance, and if we will see [...]
Gold Investing News reports gold price rallied to a 3 week high of $961.
Spot gold was at $954.50 an ounce, up 0.5 per cent from New York’s notional close of $949.65, but off a three-week high of $961.00 marked on August 28. In August, gold was mostly caught in a narrow range, falling 0.4 per cent. [...]
Silver Investing News reports silver prices are improving with the recent optimism in the silver markets.
Spot prices hit a high of $14.45 an ounce in early trading Tuesday.
So far this year, silver has risen 26 per cent compared to gold’s 6 per cent increase.
ETF Securities Offers Precious Metals ETF’s to Japan
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Gold Investing News reports gold market pressured by buyers and sellers.
China’s central bank said, in April, that it had built up its gold reserves by 454 tonnes since 2003 to 1,054 tonnes, making it the world’s sixth largest holder of the precious metal. While European central banks are unlikely to consider increasing the gold weightings [...]
Gold Investing News reports gold used as an alternative to the weaker dollar.
Gold slid marginally. As speculators offloaded their holdings of the precious metal to lock in gains after it climbed to a two-month high on Thursday and commodity prices slipped, gold declined to $961.16 an ounce on Friday.
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Gold Investing News reports gold steadied above $950.00 per ounce.
Gold steadied above US$ 950 per ounce on Thursday as the US dollar stayed near a seven-week low against a basket of currencies marked the previous day, maintaining bullion’s allure as an alternative asset. Earlier this month, economic worries encouraged investors to buy the US dollar [...]
Monday, March 1, 2010
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