Gold Investing News reports gold has a bright future.
A prominent hedge fund manager claimed recently that commodities could be in line for a major boom in the next 18 months, Forbes has reported. In India, the largest consumer of the yellow metal, the Bombay Bullion Association has confirmed India’s gold imports have surged in April, [...]
Palladium Investing News reports palladium seems to be the only precious metal on a steady positive track.
However, palladium’s near term outlook remains bleak, as news out of Europe showed new car registrations declined 18 per cent in February. For the palladium market, automotive catalysts are the largest consuming sector, accounting for 63 per cent of demand. Electronic equipment [...]
Gold Investing News reports gold price recovers as the dollar rose.
Spot gold rose to $913.15/$914.15 an ounce from $906.65 late in New York on Wednesday.
Canadian stocks gained too, building on their biggest rally since November, as mining companies rose with gold prices and financial stocks rallied for a second day on speculation that the worst [...]
Uranium Investing News and U308.biz reports uranium market price has increased last week despite the global economic slowdown.
But the bull continues to run wild in the sector thanks to undeniably strong spot uranium. And now that optimism is finally affecting uranium stock prices.
The National Post newspaper likes two Canadian uranium big boys this week, namely Cameco [...]
Uranium Investing News and U308.biz report rebounding of uranium prices recently shows proof of bull is back in the uranium industry.
Sure, many miners remain in trouble, but hopes of continued spot gains run high, bringing with them opportunities.
Spot uranium prices climbed US$2 to US$55 a pound this week, according to price publisher Tradetech.
For complete story, [...]
Uranium Investing News and U3O8.biz reports uranium spot prices have jumped by US$5 to US$53 to a pound U3O8.
Spot uranium prices continue to rise, much to the delight of sellers again in the privileged position of being able to raise offer prices. The global financial crunch may have crippled the sector, but cleanup efforts are already [...]
Gold Investing News reports gold price have dipped to its lowest since September 2007.
An adviser to President Mahmoud Ahmadinejad was quoted by Reuters as saying, “With the plans of the presidency…the country’s money reserves were changed into gold, so that we wouldn’t be faced with many problems in the future.”
Before oil prices plunged 60 per [...]
Uranium Investing News and U3O8.biz report mixed reactions with uranium spot price falls while energy stocks are up as the banks are getting bailed-out.
But the stock rally followed a dismal week of trading and more uncertainty is expected as investors feel out the state of the global economy. And that uncertainty continues to weigh down spot uranium prices, which [...]
Thursday, April 23, 2009
0 Comments