Blogs Posts in Gold category; 26 blog posts

Gold rises ahead of Fed, but off two-week high

Gold ticked up on Tuesday after a drop from a two-week high spurred bargain hunting, but investors were reluctant to make big bets ahead of the U.S. Federal Reserve's policy meeting, which could determine the fate of the dollar.The F [...]

Posted On : Nov, 02 2010 | Comments : 0

Gold reaches ten-day high

Gold rose one per cent on Friday, setting a 10-day high as a lower dollar prompted investors to buy ahead of Tuesday's Federal Reserve meeting, at which the central bank is expected to discuss further monetary stimulus. Jitters [...]

Posted On : Nov, 01 2010 | Comments : 0

Oil and gold recover after China's rate rise

Oil and gold prices bounced back today, recovering from yesterday's falls that were triggered by China's surprise decision to raise interest rates. Oil prices rose above $80 a barrel. Benchmark oil for November delivery was up 84 [...]

Posted On : Oct, 30 2010 | Comments : 0

Gold eases as dollar firms, WSJ predicts gradual QE

Spot gold was bid at $1,333.15 an ounce at 1110 GMT, against $1,338.70 late in New York on Tuesday. U.S. gold futures for December delivery fell $5.20 an ounce to $1,333.40. The metal hit a record $1,387.10 an ounce earlier in Octob [...]

Posted On : Oct, 28 2010 | Comments : 0

The gold bubble isn’t here — just yet

That’s not surprising, given its performance. The yellow metal has catapulted from a rock-bottom low of around $250 an ounce back in 1999 to $1,380 recently. That’s a 10% annualized return, far better than U.S. stocks yet con [...]

Posted On : Oct, 23 2010 | Comments : 0

Gold buying edges up; appetite still strong

India gold buying edged up on Thursday afternoon as prices steadied near their lowest level in two weeks, but appetite remained strong ahead of key festivals slated for early next month, dealers said. "A few exporters and dome [...]

Posted On : Oct, 21 2010 | Comments : 0

Direct from CHOICE All that glitters not always rolled gold

Selling the crown jewels? Beware the rip-off merchants The price of gold has more than quadrupled in the past ten years resulting in a mini boom in the number of gold-buying shops, but a CHOICE investigation has found very few will give [...]

Posted On : Oct, 20 2010 | Comments : 0

Gold at record for sixth day; U.S. policy in focus

Spot gold touched a peak of $1,317.80 and was bid at $1,315.50 an ounce at 1248 GMT, against $1,305.25 late in New York on Thursday. U.S. gold futures for December delivery rose $7.20 to $1,316.80. Gold looks resilient after ending Septe [...]

Posted On : Oct, 02 2010 | Comments : 0

Gold’s rise has some warning of bubble

Gold has risen every year since 2000, making it one of the longest bull markets going. For gold fans, that’s a reason to expect more gains ahead. For dispassionate observers, it’s a warning signal. The reasons to buy gol [...]

Posted On : Oct, 01 2010 | Comments : 0

Silver shines, poses bigger risk than gold

Silver, trading at 30-year highs, looks set to continue benefiting from strength in gold prices but is at risk of a correction if a sluggish economic recovery hurts industrial commodities, metals consultancy GFMS said. Silver has be [...]

Posted On : Sep, 30 2010 | Comments : 0

Gold hits all time high, eyes on Fed's next move

Silver surged to a 30-year high as ETF holdings jumped to another record, palladium rose to a five-month high to track higher base metals prices, while a firm yuan raised hopes of more buying from gold consumers in China. The Fe [...]

Posted On : Sep, 29 2010 | Comments : 0

High gold prices can hit jewellery buying

The meteoric rise in gold prices in the recent past on the back of the ‘safe haven' status amid tumultuous financial times now begs up the question of what will happen to gold demand with the onset of the festive season when go [...]