Gold
Fields of gold: How crop circles that once only attracted conspiracy theorists have become a booming business worth millions
…you do, the circles affect the growing next year, as the thick mat of crops covers soil, compromising its quality.’ Every year, 50 to 60 circles materialise in the rolling chalk downlands of Wiltshire. In the rest of the world put together, only 40 to 50 appear…
Soaring demand spotlights New York gold hoard
…times. In January 1980, the Soviet war in Afghanistan, the Iranian revolution and high oil prices sent gold to a record US$850. Prices dropped back into the low hundreds of dollars and traded down at US$543 as late as June 2006. Now it’s the wobbly euro,…
MLB Trade Rumors: Atlanta Braves Strike Gold with Astros’ Michael Bourn
…deal of their own to increase their chances of winning the National League. They are set to strike gold by landing Houston Astros center fielder Michael Bourn, who is easily one of the most underrated players in all of baseball. This is a fantastic move for…
Gold Worship and Donuts
…to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using…
Talks seek to end S.Africa coal, gold strikes
…of 5 percent. The strikes have so far hit chemical manufacturers, diamond miners and the oil sector. Negotiators have narrowed the gap on the gold front, raising hopes of more progress on Monday, though neither side is predicting a breakthrough. The Chamber…
Gold regains record level in Indian capital
NEW DELHI: Gold prices surged by Rs 150 to regain its record level of Rs 23,620 per 10 grams in the Indian national capital on Saturday on brisk buying by stockists and investors, driven by a firming global trend. Silver followed suit and jumped by Rs 60
Gold hits record high as traders seek safety during the week
…run on the London Bullion Market. “The threat of default by the world largest economy has led gold to a fresh peak,” said James Moore, an expert at commodities analysis group FastMarkets. US President Barack Obama on Friday warned that his country was almost…
Oceana Gold hit by spiralling costs
Record gold prices have offset spiralling production costs for East Otago-based Oceana Gold, which has downgraded its production forecast for this calendar year by 5000-10,000 ounces. Cash costs have gone up more than $US200 ($NZ230) an ounce from e
Gold signals the end of a rigged game
…and the Iranian hostage crisis saw investors flee paper money. For this and other reasons, gold is not currently over-invested, said Adrian Ash, head of research at London trading firm BullionVault, pointing out that mid-20th Century investors would hold…
Gold and Silver Beyond the Limit
…and gold would be the first and best refuge for an onslaught of orphaned capital. Despite gold once again hitting new highs, I can only recommend my readers continue to keep a healthy portion of their portfolio in precious metals. Given the sad realities of…
Buzz Around Gold is Growing Louder
…”skyrocketing” demand for gold in India. He predicted that given the company’s brisk sales, gold imports would jump by more than 40% this fiscal year. The Swiss Parliament is expected later this year to discuss the creation of a gold franc. “I want Swiss people…
Coundown to U.S. Debt Default, Dollar Under Pressure, Gold Market Active
…even as Deutsche Bank analysts forecast a rise in the Dollar to the previous parity of DM3.66. Currency confusion was hitting commodities too, where the Financial Times said firm cocoa prices were “even attributed to Dollar weakness” by traders – as if weak…
Is Fissile Material Worth its Weight in Gold?
…that we could and frantically loading into this imaginary nuclear reactor so we could make gold from it? I’m no precious metals trader, but I happened to notice that gold was trading at about $1500 per troy ounce recently. I whipped out my handy-dandy 20-year-old…
Gold regains record level of Rs 23,620 on firm global cues
…per kg on fresh buying by speculators and industrial units. Trading sentiment bolstered as gold climbed to all-time high of USD 1,637.50 overseas on demand for an investment haven amid mounting concerns on the US debt impasse and signs of a faltering global…
Gold continues to make new highs: Ashwani Gujral
…Crude remains in a strong uptrend and anybody who missed out needs to use dips to get in. Easilygold will go up to $2000, the way money is getting printed and safe haven buying etc. Crude is now stalling and it is more range bound with Brent between $110 to…
Don’t Bet on a Plunge in Gold
Gold has soared almost 15% since the start of the year, and there’s little reason for the metal—widely viewed as a panacea to the world’s economic woes—to reverse course. Gold futures touched a record $1,637.50 a troy ounce last week as Washington’s imp
Gerry Hassan: The land of silver offers us lessons of fool’s gold
Published Date: 30 July 2011 For most of the last tw
Brilliance Joins "No Dirty Gold" Campaign
…feel guilty about.” “We would like to encourage other retailers to join the (No Dirty Gold) campaign as soon as possible,” added Jonathon. “Consumers can also show their support by patronizing businesses which sell ethical and environmentally-conscious jewelry.” A…
Gold may fall as rally to record high spurs selling
…associated with it in the price at the moment will come out in coming days.” Immediate-delivery gold fell $1.15, or 0.1%, to $1,614.80 an ounce by 11:19 am in London on Friday. Prices are up 0.8% this week and 7.6% this month. Gold for December delivery was…
Gold May Not Find Gains in Risk Aversion
…bullish, but warning signs have started to emerge. Silver continues to broadly mimic the trading dynamics of its more expensive counterpart, aligning the fundamental forces guiding both precious metals. Technical positioning has turned more bearish after…
