Category Archives: Uncategorized

By Claudia Carpenter and Pham-Duy Nguyen Oct. 13 (Bloomberg) — Gold futures rose to a record $1,368.90 an ounce amid mounting investor demand for the metal as an alternative to currencies. Silver extended a rally to the highest level since … Continue reading →

International finance group seeks remedy to looming exchange wars The Institute of International Finance, a group that represents 420 of the world’s largest banks and finance houses, has issued yet another call for a one-world global currency. “A core group … Continue reading →

12 October 2010, 9:56 a.m. By Kitco News (Kitco News) – Goldman Sachs has raised its 12-month forecast for gold to $1,650 an ounce, citing expectations for further quantitative easing in the U.S. and prospects for long-term interest rates to … Continue reading →

LONDON | Wed Oct 6, 2010 11:08am EDT (Reuters) – Gold rose to a second successive record high on Wednesday, boosted by investors seeking to profit from weakness in the dollar and the U.S. economy. Following are key dates in … Continue reading →

Japan’s rate cut helps prices, but an analyst takes a cautious stance By Myra P. Saefong, MarketWatch, Oct. 6, 2010, 9:37 a.m. EDT NEW YORK (MarketWatch) — Gold futures extended their record streak Wednesday, albeit after backing away from session … Continue reading →

By Amanda Cooper LONDON | Wed Oct 6, 2010 11:08am EDT (Reuters) – Gold rose to record highs for a second day in a row on Wednesday as investors punished the dollar ahead of the Federal Reserve’s possible resumption of … Continue reading →

Reuters News Wednesday, 06 October 2010 Central banks in Russia, China and the Philippines are expected to continue to increase gold holdings to balance their reserves, a senior official at the World Gold Council told Reuters. Central banks have rekindled … Continue reading →

Tuesday, 05 Oct 2010 08:09 AM Commodities investor Jim Rogers told CNBC that gold could very well soar to $2,000 an ounce during the next decade whether the economy rebounds or not. “Gold is going to go a lot higher … Continue reading →

Banks are needing to re-open old, and build new, secure storage space for gold and other precious metals as physical investment demand continues to rise. Author: Lawrence WilliamsPosted:  Monday , 04 Oct 2010     LONDON - MINEWEB Mineweb reported some time … Continue reading →

By Jan Harvey Mon, Sep 27 06:41 AM EDT BERLIN (Reuters) – Barrick Gold, the world’s number one miner of the precious metal, said on Monday gold prices could “easily” outperform recent record highs to rise above $1,500 an ounce … Continue reading →