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Monthly Archives: February 2008
Capital Gold Group Report: China gold demand rises 26 per cent in 2007
Feb.19, 2008; Reuters SHANGHAI: Gold demand in China grew 26 per cent in 2007 from a year earlier to 326.1 tonnes, boosted by booming jewellery consumption, the World Gold Council said on Tuesday. Chinese jewellery demand reached 302.2 tonnes in … Continue reading
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Tagged Capital Gold Group, gold, gold demand, gold prices, gold record high, precious metal, The Capital Gold Group, World Gold Council
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Capital Gold Group Report: Platinum’s Record Run Resumes; Gold up Nearly 3%
NEW YORK (MarketWatch) — Gold futures rallied nearly 3% in a broad-based advance for commodities Tuesday, as platinum surged by more than 4% and hit another record high — $2,174 an ounce — in electronic trading. Gold for April delivery … Continue reading
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Tagged Capital Gold Group, gold, gold investments, gold prices, platinum, platinum prices, platinum record high, safe investments, safe-haven, The Capital Gold Group, weak dollar
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Capital Gold Group Report: GOLD HOLDING FIRM – GATHERING STRENGTH
Business Daily: Chennai, Feb. 17 – Last week, gold declined 1.87 per cent to $906.10 an ounce. The yellow metal came under pressure especially during the weekend on fears of US recession slowing demand. The fears led to panic sales … Continue reading
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Tagged Capital Gold Group, gold, gold demand, gold investment, gold IRA, gold prices, gold record high, IRA gold, safe-haven, The Caital Gold Group
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Capital Gold Group Report: China Still Goes for the Gold as Safe Haven
www.chinaview.cn 2008-02-15 09:21:00 BEIJING, Feb. 15 — China surpassed the United States as the world’s second-biggest retail gold market after India in 2007 by volume despite rocketing prices of the metal. Total consumer demand in China’s mainland, Hong Kong … Continue reading
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Tagged Capital Gold Group, China gold, gold, gold demand, gold IRA, gold prices, gold supply, IRA gold, safe-haven
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Capital Gold Group Report: Platinum Hits Record High on Panic Buying
By Atul Prakash LONDON (Reuters) – Platinum surged 3 percent to hit a record high for the 12th successive day on Friday, with acute power problems in top producer South Africa encouraging investors and consumers to buy up the metal. … Continue reading
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Tagged alternative investment, Capital Gold Group, gold, gold investments, gold prices, platinum, platinum panic buying, platinum prices, platinum record high, The Capital Gold Group
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CAPITAL GOLD GROUP REPORT: PLATINUM AT $2,000 HIGH – STRENGTHENS GOLD
NEW YORK, Feb 14 (Reuters) – New York platinum futuresfirmly breached the $2,000 level on Thursday, as news of South Africa’s power crisis could persist for years fed fears of a worsening market deficit for the white metal. Gold contracts … Continue reading
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Tagged bullion, Capital Gold Group, gold, gold bullion, gold investment, gold IRA, gold prices, hedge, platinum, safe-haven, South African power crisis, spot gold, spot platinum, spot silver, The Capital Gold Group
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Capital Gold Group Report: INDIA GOLD DEMAND UP 7% – GLOBAL DEMAND CONTINUES TO OUTPACE SUPPLY
MUMBAI (Reuters) – India’s gold demand in 2007 rose 7 percent to 773.6 metric tonnes from the previous year, World Gold Council said on Wednesday. Demand for gold as investment stood at 215.4 tonnes, up 10 percent from 2006, WGC’s … Continue reading
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Tagged Capital Gold Group, gold, gold demand, gold investment, gold prices, The Capital Gold Group, World Gold Council
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Merrill Lynch substantially raises gold prices forecast
High gold prices, supported by supply and demand fundamentals, has prompted Merrill Lynch analysts Monday to substantially increase gold price forecasts to an annual average of $1,000/oz by 2009. Author: Dorothy Kosich Posted: Tuesday , 12 Feb 2008 Mineweb – RENO, … Continue reading
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Tagged gold, gold forecast, gold IRA, gold prices, gold production, gold supply/demand, hedge, inflation hedge, Merrill Lynch, safe investment, The Capital Gold Group, weak U.S. dollar
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Gold’s path to $1,000 an ounce now clear?
Commentary: Gold bugs believe bears lost last shot to keep price down By Peter Brimelow, MarketWatch Last update: 12:01 a.m. EST Feb. 11, 2008 NEW YORK (MarketWatch) — Gold dodged a bullet this past week. Gold bugs think this might … Continue reading
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Tagged bull market, Capital Gold Group, commodities, Federal Reserve, gold, gold bull market, gold bullion, gold buyers, gold demand, gold futures, gold IRA, gold prices, gold record high, IMF gold sale, inflation hedge, LeMetropoleCafe, safe investments, safe-haven, The Capital Gold Group
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Is gold ready for a ‘rocket shot’?
By Peter Brimelow, MarketWatch Last update: 12:01 a.m. EST Jan. 28, 2008 NEW YORK (MarketWatch) — Gold, like every other asset market, turned in a terrifyingly volatile performance last week. But it managed to close up more than … Continue reading
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Tagged Capital Gold Group, gold, gold bullion, gold investment, gold prices, gold record high, hedge, safe investment, spot gold, The Capital Gold Group
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