Archive for the 'Gold in the Media' Category
Gold … the market never sleeps … even on a U.S. holiday
Tweet With the U.S. markets closed for the Martin Luther King Day holiday, this Monday stock markets around the world got the jitters after (perceived)? bad news on Friday and dropped their … well, their prices. Everyone is unsure if the U.S. really is going to go into recession and just what that means for […]
Gold has risen 50 percent in the past year
Tweet With the price of gold reaching “another all-time high” today at $914, as the BBC points out, it has increased 50 percent over the past year. The weaker dollar has been making a contribution to the rise, making the precious metal more affordable to holders of other currencies. Other contributors, the broadcaster quotes analysts on its […]
$900 spot gold price just around the corner?
Tweet “Spot gold set a fresh record high of $898.00 this morning before sinking to $893.40 on profit taking”, reports Money Week today. “Silver hit a 27-year high of $16.29 today before slipping back to $16.24”, the publication continues. It was only a few weeks ago that gold prices were hovering around $800 an ounce, […]
Spot gold price takes a breather
Tweet After reaching dizzying heights last week, when investors took profits on the rally spot gold dropped to its lowest level in nearly a week, falling to $813.17, while silver also fell back to $15.16, reports Money Week. Tweet
Spot gold at highest level since January 1980
Tweet Spot gold briefly peaked at $814.10 today after a jump in the oil price, before dropping back to $813.50 – which is nevertheless comfortably over the $800 level only recently predicted to be reached “by the end of 2007”. At the same time, silver reached $14.84 an ounce then moved back to $14.83. Tweet
