Gold Rises for Third Session in a Row
Gold – CNBC reported that despite early losses, physical bullion buying and uncertainty about the Eurozone ultimately helped gold rise for a third straight session.
Gold – CNBC reported that despite early losses, physical bullion buying and uncertainty about the Eurozone ultimately helped gold rise for a third straight session.
Gold – Reuters reported that gold companies are looking to offer better valuations to attract investors away from bullion and towards the miners themselves.
Gold – Bloomberg reported that gold prices may increase to almost $1900 by the end of this year.
Gold – Gold prices have contracted over the past week under pressure from the drop in the euro, with European officials delaying a decision on the potential bailout package for Greece.
Gold – Reuters reported that gold prices rose to a two-month high on positive employment data.
Gold – Strong demand from retail and institutional investors for a new gold investment product has more than doubled the forecast objective of the Royal Canadian Mint's IPO of securities tied to gold reserves.
Gold – Gold futures rallied Monday, tracking the global equity markets, as record Black Friday sales and evidence that European leaders would come up with a plan to curb the Eurozone’s debt crisis boosted investor sentiment.
Gold – Gold prices were steady on Friday, however, after suffering a steep loss in the prior session were on track to post a weekly loss, for the first time since September.
Gold – Bloomberg reported that the Royal Canadian Mint is granting an IPO of its gold reserves to raise $250 million.
Gold – Following the massive sell-off of gold in September, the price of the yellow metal has stabilized is headed for recovery after dropping from the record high of $1923.70 on September 6.
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