Monthly Archives: January 2008

GOLD PRICES SET FOR $1,000 IN 2008

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January 17, 2008   LONDON (AFP) — Gold prices could hit $1,000 an ounce in 2008 after this week’s record-breaking run that was fuelled by fierce investment demand, precious metals consultancy GFMS said Thursday. “Investor appetite for gold at the … Continue reading

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GOLDMAN LIFTS GOLD PRICE FORECASTS

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January 16, 2008: 03:55 PM EST       NEW YORK, Jan. 16, 2008 (Thomson Financial delivered by Newstex) — Goldman Sachs (NYSE:GS) raised Wednesday its gold price forecasts to reflect expectations of a U.S. recession in 2008, which should … Continue reading

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GOLD RACES TO RECORD HIGH NEAR $915 ON WEAK DOLLAR — JANUARY 14, 2008

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  January 14, 2008: 07:15 AM EST LONDON, Jan. 14, 2008 (Thomson Financial delivered by Newstex) — Gold raced to a series of fresh records above $ 910 USD per ounce as economic uncertainty fueled investment and as the dollar … Continue reading

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US gold rises to record above $910 on funds, dollar slide

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NEW YORK, Jan 14 (Reuters) – U.S. gold futures surged to arecord high above $910 an ounce on Monday, fueled by acombination of strong fund buying amid a dollar slide, shortcovering and speculation of further rate cuts. Meanwhile, a Citigroup … Continue reading

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3 REASONS TO OWN GOLD — PROTECTION, PROTECTION, PROTECTION

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UPDATE: Gold’s Next Hurdle Of $1,000 Puts Inflation Risks In Sharp Focus January 14, 2008: 06:32 AM EST SAN FRANCISCO (Dow Jones) — Global inflation, stock volatility, the upcoming Chinese New Year holiday — you name it, there’s a reason … Continue reading

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Capital Gold Group Report: Investors Flock to Safety of Gold after Bhutto Assassination

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Bhutto’s Assassination Reminder of Global Instability – Investors turn to Gold AS Safe Haven Killing of Bhutto Adds to Worries in Markets by Robert Gavin, December 28, 2007 The assassination of Pakistani opposition leader Benazir Bhutto is adding to recession … Continue reading

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