Monthly Archives: February 2010

Capital Gold Group Report: U.N. Nuclear Agency said Iran may be working on making nuclear warhead

Share

VIENNA (AP) Feb. 19, 2010 — The U.N. nuclear agency on Thursday said it was worried Iran may currently be working on making a nuclear warhead, suggesting for the first time that Tehran had either resumed such work or never … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: Iran to Begin Construction on Uranium Enrichment Facilities

Share

TEHRAN, Iran (AP) — The head of Iran’s nuclear program said Monday his country hopes to begin construction within a year on two uranium enrichment facilities, which it plans to build deep inside mountains to protect them from possible attack. … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: China Sovereign Wealth Fund buys into top gold ETF

Share

MinewebAuthor: Maria Sutt Posted:  Thursday , 11 Feb 2010 A confluence of technical factors suggest gold price support between $1,019/oz and $1,025/oz as outlook remains bearish, but CIC’s purchase of SPDR Gold Trust shares may represent the start of a more … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: U.S. ‘Problem’ Banks Soar, Lending Drops, FDIC Says

Share

By Phil Mattingly Feb. 23 (Bloomberg) — U.S. “problem” banks climbed to the highest level in 17 years, signaling failures may accelerate in 2010, the Federal Deposit Insurance Corp. said. Bank lending had the biggest retreat in more than six … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: Investment Demand for Gold Higher in 2009

Share

NEW YORK (The Street) — Investment buying drove gold demand higher in 2009, according to full-year results from the World Gold Council. In an independent report by GFMS Limited for the World Gold Council, investment demand rose 7% vs. a … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: Gold Ends Up 2.7%

Share

NEW YORK (MarketWatch) — Gold futures finished 2.7% higher on Tuesday, benefiting from a slide in the dollar against the euro as concerns about Greece’s debt ebbed. The market showed little immediate reaction to news of a bomb exploding just … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: Gold Prices Pop

Share

February 16, 2010 NEW YORK (The Street) –  Gold prices soared today as the U.S. dollar weakened. Gold for April delivery was adding $28 to $1,118 an ounce at the Comex division of the New York Mercantile Exchange. Prices have … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: Gold Hits New Euro high

Share

Mon February 15, 2010 6:36 pm INTERNATIONAL. The price of gold rose sharply in early London trade Monday, recording its highest-ever Gold Fix in Euros as global stock markets rose, government bonds slipped, and the major currencies were little changed. … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: DOW CLOSES BELOW 10,000 – FIRST TIME IN 3 MONTHS

Share

FEBRUARY 8, 2010, 4:17 P.M. ET A slump in financial stocks sent the Dow Jones Industrial Average to its first close below 10000 in three months as concerns about the global economy and U.S. interest-rate policy simmered. The blue-chip measure … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off

Capital Gold Group Report: Global Fears Grind Down Stocks

Share

FEBRUARY 4, 2010, 5:00 P.M. ET Fears about the global economy and sovereign credit hammered stocks Thursday, causing the Dow Jones Industrial Average to briefly cross below 10000, though it settled slightly above the mark. Other markets gyrated as well, … Continue reading

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off