Gold News

Weakening Dollar Helps Gold Prices to $1653

Weakening Dollar Helps Gold Prices

In the past few days, gold prices were on the rise following the ascent of stocks and the weakening of the dollar. Another reason is that investors purchased back positions that they had previously traded. Momentum traders too went in when gold broke above its moving … more

January 18, 2012 - by mosesbet · Filed Under Gold News, Gold Prices Leave a Comment 

Gold Prices See Biggest One-Day Rise Since October End

On January 3rd, 2012, gold prices went up 2.5%. This was the biggest gain in one day for the precious metal, since October end. With this, gold was able to make its way back from the losses that it had been experiencing the previous week. Eventually, it hit $1609 per … more

January 9, 2012 - by mosesbet · Filed Under Gold News Leave a Comment 

Gold Numismatic Coins from US Mint had Promising Week

In the past week, the sales of gold numismatic products increased in the US. The products are those released by the United States Mint. One of the reasons for this is the drop in gold prices in the past few days. Following this, the price of numismatic gold coins was … more

January 3, 2012 - by mosesbet · Filed Under Gold News Leave a Comment 

Analysts Expect Gold Prices to Increase in 2012

Analysts are of the opinion that gold prices are set to increase in the coming year. In 2011, gold fluctuated a lot. It started at $1,412 per ounce, dropped to $1,314 and shot up to a high (intra-day) of $1,923 per ounce. The recent months have been particularly volatile for … more

December 27, 2011 - by mosesbet · Filed Under Gold News Leave a Comment 

Doubts Regarding Europe’s Sovereign Debt Crisis Fuel Drop in Gold Prices

With Europe facing financial issues, gold has been on a downward journey. Thursday, February delivery of gold dropped $9.70. Following this, it closed at $1,577.20 per ounce. Overall, it spells a $140 loss this week. It’s also a $323 decline - which is significant - from the highest point it … more

December 19, 2011 - by mosesbet · Filed Under Gold News, Gold Prices Leave a Comment 

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