For Investors Who Can Stand the Volatility, Gold Still Compelling Choice
Gold – Forbes reported that, despite a volatile environment, gold is still a compelling investment choice. As quoted in the market report:
Articles Tagged "gold markets"
Gold Gains Traction After Major Two-Day Drop
Gold – Bloomberg reported that gold regained some ground on Tuesday, as investors perceived the 13 percent drop over the last couple of days to be overdone.
Sudan Reports $2.2 Billion in Gold Exports in 2012
Gold – Reuters reported that Sudan made $2.2 billion in gold exports last year which has placed gold as its biggest export product.
Comstock Mining Finds New Vein That Could Yield $10 Million in Revenue
Gold – USA Today reported that Comstock Mining has discovered a highly concentrated deposit that some believe could yield $10 million in revenue
QMX Seeking Partners for Snow Lake Mine
Gold – Mining Weekly reported that QMX is actively seeking partners to assist in the re-activation of the Snow Lake mine in Manitoba.
Gold Trades Flat on Tuesday
Gold – CNBC reported that gold held steady in Tuesday trading, kept in place by rallying equities diminishing gold's safe haven appeal
Most Investors Fleeing Gold Since 2007
Gold – The Financial Post reported that investors are engaging in a mass exodus from gold, the likes of which have not been seen since 2007.
Gold Skirts Six-Week Low, Heads For Biggest Weekly Loss Since December
Gold – Reuters reported that gold was poised to take the biggest weekly drop seen since December with investors selling rapidly to cover losses in the equity markets.
Gold Flat as U.S. Trade Data Pushes Investors Towards Other Investments
Gold – Reuters reported that gold eased on Friday and was on pace to end the week relatively flat, with investors gaining confidence to move towards riskier investments on the heels of positive U.S. trade deficit data.
RBI Might Limit Bank Gold Imports to Ease Account Deficits
Gold – Reuters reported that the Royal Bank of India is considering the possibility of limiting gold import by banks in an attempt to curb a rising account deficit.
