Gold News

Gold Prospects Remain Positive Despite Volatility in the Markets

The recent volatility in precious metals has given rise to many doubts about how gold prices will move in the coming future. For investors who are invested in this metal or who propose to increase their exposure to it, this is a critical consideration. The good news for these … more

Is Gold Set to Plunge This Year?

Gold investors have been rather apprehensive ever since some predictions about a fall in gold prices were made by the bears. In fact, a sharp plunge in price to below £625 per ounce was predicted. When specialist dealers like GoldCore spoke of disastrous times ahead for leveraged longs, those with … more

Investors Continue to Show Confidence in Gold as Price Increases to $1664

The bullish trend in gold appears to be continuing although Bernanke’s optimistic outlook for the U.S. economy did put a damper on the prices of the yellow metal earlier. According to reports from Bloomberg, gold backed exchange traded products are very popular right now among investors. After more than a … more

Experts Believe that Gold Rally is ‘Far from Over’

Although the price of the yellow metal has seen its share of ups and downs in recent weeks, gold investors need not start panicking yet. Experts still hold that the gold rally is far from over. Given that the precious metal is a safe haven investment, investors are bound to … more

Rising Euro Steadies Gold Price at $1,775

Following Greece’s bailout deal and a strengthening Euro, gold prices steadied to a three-month high on Thursday, February 23. Increasing by over $20, spot gold prices reached around $1,776 per oz (troy ounce) on a single day.

The price rise, which the high crude oil prices were partially responsible for, has … more

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