Tweet Quoting Money Week today (i.e. Money Morning): “Spot gold hit a new record high for the fourth day straight today. The yellow metal soared as high as $984.60 in Asian trade, up from $973.30 in New York late on Friday. Silver tracked gold higher to break through the $20 mark for the first time […]
Entries Tagged as 'Investing in Gold'
“Gold could hit four figuresâ€
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Tweet The market has started to look at gold as money again rather than just a commodity, writes Ed Bugos (Whiskey and Gunpowder) in an article on the Money Week website. He forecasts “a $1,200-1,400 high for gold†in 2008, “that will break the bond market’s back, and make stocks cheap againâ€. He says he […]
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Gold has risen 50 percent in the past year
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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 […]
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$900 spot gold price just around the corner?
· No Comments · Gold Coins, Gold in the Media, Gold Jewelry, Investing in Gold, Investing in Gold Stocks and Shares, Scrap Gold
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, […]
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