Monthly Archives: August 2011

Record Growth Propels Capital Gold Group Onto 2011 Inc. Magazine 500|5000 List

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LOS ANGELES, Aug. 31, 2011 /PRNewswire/ — Capital Gold Group, Inc., a rapidly growing independent precious metals firm and leader in the precious metals market for more than ten years, is honored to announce its recognition as a member of … Continue reading

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Gold Trades Near Daily High on Fed Governor Remarks, Weak U.S. Economic Data

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Kitco News By Jim Wyckoff August 30, 2011, 10:13 a.m. (Kitco News) – Comex December gold futures prices are trading sharply higher and near the daily high in mid-morning dealings Tuesday. Gold prices were trading modestly higher in the early … Continue reading

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Gold Sales in India May Increase 25% During Festival Season, Jeweler Says

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Bloomberg By Pratik Parija and Swansy Afonso Aug 29, 2011 10:42 PM PT Gold demand in India, the biggest user, may surge 25 percent during the festival season this year as buyers expect prices to extend a record rally on … Continue reading

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Gold Touches Record Highs In Number Of Currencies

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Kitco.com By Allen Sykora of Kitco News 23 August 2011, 8:39 a.m. (Kitco News) — Gold, while pulling back from earlier highs, has hit records in a number of currencies, say analysts with Barclays Capital. The metal topped $1,900 against … Continue reading

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Gold Soars to Another New Record-High on Continued Strong Safe-Haven Investment Demand

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Kitco News August 22, 2011 1:58 p.m. By Jim Wyckoff (Kitco News) – Comex gold futures prices came within a whisker of $1,900.00 an ounce Monday, and closed the day session sharply higher and near the new all-time record high … Continue reading

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Gold Shatters Record Highs on Faltering Global Growth

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TheStreet.com By Alix Steel 08/18/11 – 02:43 PM EDT NEW YORK (TheStreet ) — Gold prices soared to a new record after Morgan Stanley downgraded the U.S. growth forecast sending stocks plummeting. Gold for December delivery closed up $28.20 to … Continue reading

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Gold At New Highs As Growth Fears Hit Markets

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Reuters By Herbert Lash NEW YORK | Thu Aug 18, 2011 11:06am EDT (Reuters) – Renewed worries about Europe’s debt crisis and a raft of weak U.S. economic data hit global markets on Thursday, driving down stocks and oil prices … Continue reading

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Gold Adds $27 To Mark A Record Close

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MarketWatch By Myra P. Saefong and Chris Oliver Aug. 16, 2011, 2:24 p.m. EDT SAN FRANCISCO (MarketWatch) — Gold futures climbed $27 an ounce Tuesday to mark a record closing level as weak economic data from Europe weighed on global … Continue reading

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Gold Turns Higher; Eyes on Hedge Funds, Euro Zone Meeting

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CNBC.com By Reuters Published: Monday, 15 Aug 2011 | 11:09 AM PST Gold rose on Monday after the declines the previous two sessions, as bullion investors turned their focus to upcoming U.S. regulatory filings that will show changes in gold … Continue reading

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The Gold Rush Is On

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CNNMoney.com By Annalyn Censky August 11, 2011: 2:26 PM ET NEW YORK (CNNMoney) — Fear is high and investors are fleeing to gold. Amid a volatile stock market, Europe’s debt woes and concerns about a weak U.S. economy, gold touched … Continue reading

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