Tag: Gold
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Gold Report and Bank News
GOLD SETTLES AT $1683.00 FOR THE WEEK Gold rallied today as global traders and investors reacted to more credit rating cuts, this along with higher crude oil prices sent speculators into the precious metals as an alternative “safe haven” investment choice. It also appears that physical buying has increased from India and China which has…
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Weekly Gold Report
This week’s Gold market covered a $29.60 range while notching another All-time high as the August futures contract traded as high as $1610.70 on July 19th and as low as $1581.10 just one session later. These markets have been economic data driven and since the data that is being released apparently changes seemingly minute to…
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Physical Precious Metals Trading Is Ideal for Medium and Long Term Investors
GPMT offers buy-and-hold traders the advantages of owning physical bullion Precious metals prices are presently at historically high levels. The rising values of these commodities have attracted a lot of attention, which has encouraged many new traders and investors to capitalize on this uptrend. There are a number of different ways to conduct gold, silver,…
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Weekly Gold Report
Gold Covers A $29.10.10 Range This Week This week Gold traded another new all-time high ($1448.60) as once again high Crude Oil prices helped to fuel this week’s rally. As the north African and middle-east geo-political chaos continue to offer global uncertainty it has become apparent that investors are still choosing the precious metals as…
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KB Gold Offshore Savings Plan
KB Gold is a German/Swiss business. Their head office is in Stuttgart, Germany, production facilities in Switzerland and gold mines privately owned in Turkey. KB produce Gold Cards that have 999.9 pure gold bullion embedded in them and the saving are certified by the Swiss Authorities. The company has been in business, in good standing,…
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Boost Savings with Gold Investments
Investing in gold can be the smartest choice to boost your savings account. Experts are predicting a steady rise in the value of gold in the recent years. Therefore, investing in gold can be a lucrative option to increase your savings in an innovative way. If you have insurmountable debt currently then opt for a…
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Gold Makes Record Run
INCIDENT: On 7 December, gold hit an all-time high above US$1,425 per ounce (London morning fix), after having risen from under $300 per ounce at the beginning of the millennium and from just over $700 per ounce only a little over two years ago (all figures in current dollars). SIGNIFICANCE: While the recent spike in…
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Gold Soars off European Debt Crisis
Thus far this week has provided plenty of fuel for higher Gold prices as the economic climate in the European Union continues to drive savvy investors out of the traditional “fiat currencies” and in to “safer havens “especially gold as it has a history of performing better than most commodities in times of crisis. It…
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Wealthy Investors Hoard Bullion
Investors in gold are demanding “unprecedented” amounts of bullion bars and coins and moving them into their own vaults as fears about the health of the global financial system deepen. Industry executives and bankers at the London Bullion Market Association annual meeting said the extent of the move into physical gold was unseen and driven…