Feb 27

Bloomberg Discussion on Gold Price With Bob Takai

Gold Price Comments Off on Bloomberg Discussion on Gold Price With Bob Takai

Sumitomo’s Bob Takai discuses the price of Gold on Bloomberg. He believes that there is a positive outlook for gold for the rest of the year.

Tagged with:
Feb 27

Will There be a Flight to Gold if the Economy Gets Worse?

Buy Gold, Gold Price Comments Off on Will There be a Flight to Gold if the Economy Gets Worse?

Jim Rogers gives his thoughts on what is likely to happen by the end of 2010/start of 2011. It’s quite interesting and some great points are made. This indicates that commodities and gold could be a safe place to be if global currencies collapse.

Tagged with:
Feb 11

Outlook for Gold

Gold Price Comments Off on Outlook for Gold

Gold Fields CEO Nick Holland lays out his prediction of Gold. He presents a very interesting insight.

Tagged with:
Feb 11

Gold Gains on Commodity Rally Amid Euro Fears

Gold Price Comments Off on Gold Gains on Commodity Rally Amid Euro Fears

Gold climbed alongside the dollar after a deal was struck to help Greece. Also, the same concerns on Greece. Spain and Portugal which has seen the dollar increase against the euro by 5.1% this year are driving the gold price up. Read more in Business Week.

Tagged with:
Feb 11

Gold Futures Up on Greece Concerns

Gold Price Comments Off on Gold Futures Up on Greece Concerns

Gold futures are up as a result of growing concerns regarding the Eurozone and in particular Greece. In recent trading, April gold was up $16.40, or 1.5%, at $1,092.70 an ounce on the Comex division of the New York Mercantile Exchange. The contract reached as high as $1,095.90.

The USD is also gaining which indicates that Gold’s rise could be down to Euro concerns. The Wall Street Journal goes into more detail.

Tagged with:
preload preload preload
Get Adobe Flash player