Monthly Archives: November 2009

Capital Gold Group Report: Gold Futures Rise as Market Stabilizes

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Business Day, Australia theage.com.au December 1, 2009 – 7:39AM   US gold futures ended higher Monday as the US dollar fell further, more than offsetting follow-through weakness and investors’ need to raise cash on the back of Dubai’s debt woes. … Continue reading

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Capital Gold Group Report: Dubai crisis gives China chance to buy oil, gold

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Reuters Monday, November 30, 2009; 8:39 AM BEIJING (Reuters) – Dubai’s debt crisis could be China’s opportunity to snap up gold and oil assets, a senior Chinese official said in remarks published on Monday. No Chinese banks have yet reported … Continue reading

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Capital Gold Group Report: Dubai in deep water as ripples from debt crisis spread

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by Patrick Hosking and David Robertson November 27, 2009 Fears of a dangerous new phase in the economic crisis swept around the globe yesterday as traders responded to the shock announcement that a debt-laden Dubai state corporation was unable to … Continue reading

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Capital Gold Group Report: Pile of Terminally Ill US Banks Growing – FDIC Can’t Find Buyers

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Buyers Take a Pass on Some Failed Banks  By Matthias Rieker People’s United Financial Inc. wanted to buy failed banks on the cheap. Instead, it struck a deal to buy a healthy equipment-leasing company. Last Monday’s change of plans by … Continue reading

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Capital Gold Group Report: Gold hits US$1,190 as more central banks buy

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Published: Wednesday, November 25, 2009 WASHINGTON (Reuters) — The International Monetary Fund said on Wednesday it had sold 10 tons of gold to the Central Bank of Sri Lanka, using Monday’s market prices for the transaction. In a statement, the IMF … Continue reading

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Capital Gold Group Report: U.S. MINT SUSPENDS SALES OF 1 OZ AMERICAN EAGLE BULLION COINS – INVENTORY DEPLETED

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NEW YORK, Nov 25 (Reuters) – The U.S. Mint said onWednesday it will suspend sales of the popular American Eagle1-ounce bullion coins as rising demand depleted its inventory. “The United States Mint has depleted its current inventoryof 2009 American Eagle … Continue reading

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Capital Gold Group Report: India Drives Gold Higher – New Historical High Hits $1,186

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By Alix Stee NEW YORK (TheStreet) — India sends gold prices to a new high of $1186. The Reserve Bank of India announced that it will consider buying the IMF’s remaining stash of 201.3 tons of gold igniting gold prices. … Continue reading

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Capital Gold Group Report: Gold Rises to Record on Dollar Drop, Report India May Buy More

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Nov. 25 (Bloomberg) — Gold climbed to a record in New York and London on a further drop by the dollar and on a report that India may buy more bullion for its central-bank reserves. Gold futures have rallied 12 … Continue reading

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Capital Gold Group Report: GOLD INVESTMENTS GO MAINSTREAM

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New gold bugs making gold investments mainstream Tudor, Paulson, Greenlight, Hayman bring precious metal in from the fringe By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — Gold has long been favored by a fringe of the investment world, but this … Continue reading

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Capital Gold Group Report: US gold up despite dollar rise; sentiment strong

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Fri Nov 20, 2009 3:35pm EST NEW YORK, Nov 20 (Reuters) – U.S. gold futures ended higherfor a sixth straight session on Friday despite a dollar rise,and a late session rally in the face of a stronger dollar couldboost sentiment … Continue reading

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