Again today Gold hits another all time high record of $1457 an ounce $16 more than the previous high set on march 24th , the causes of this hike are geopolitical concerns the weakness of the dollar and the rising inflation , the public in these cases always looks for a safe haven where to protect their assets gold is becoming more attractive people are literally flocking to gold.
Showing posts with label Gold price. Show all posts
Showing posts with label Gold price. Show all posts
Wednesday, April 6, 2011
Monday, February 21, 2011
Gold breaks the barrier of $ 1400 Amid fears of protests in the Middle East
Gold tends to penetrate the barrier of $ 1400 because of unrest in the region
Gold prices continued to rise , and reached its highest level in seven weeks on Monday with the continuation of protests in the Middle East, which has increased the demand for the metal as a safe haven, while silver and platinum rose to historical high levels in light of expectations of growth in industrial demand.
Continued gold gains after surging nearly three percent in the last week, is expected to continue to rise with new reports from North Africa and the Middle East, the United States market closed on Monday because of the holiday.
higher gold prices are also due to real concerns about the supply of oil in Libya or subjected its oil facilities to disrupt or stop because of the protests, oil prices could move to record highs because of the deteriorating situation in Libya, which worried also the metals markets. "
Analysts point out that the entry of world's central banks has become the largest buyers of gold to boost their reserves of precious metals, The data of the World Gold Council released on the seventeenth of February has revealed that the growth of gold demand in the Middle East increased by 39% during the fourth quarter of last year.
Friday, February 18, 2011
Gold price at a five weeks high
The Gold price closed today on the rise for the fifth session in a row. The futures maturing in April NYMEX gained 0,3% to $1.388,60 an ounce. It was from last January 13 that the gold price did not reach these levels. The price of yellow metal benefited from the unrest in the Middle east and from the weakness of the dollar . Today in many countries in the Middle East there were protests and violent clashes. Egypt agreed to let Iranian warships pass through the Suez Canal , The risk of a confrontation with Israel, which called Tehran's move a "provocation ", has increased the appeal of gold to investors.More and more investors are therefore increasing their positions in gold, the ultimate safe haven.
Monday, January 3, 2011
Gold Likely To Surpass $1,650 This Year
Sun. Jan. 2 2011 | Spot gold prices will rise to at least $1,650 in 2011, believes Juerg Kiener, CEO at Swiss Asia Capital. He explains his bullish outlook to guest host Tai Hui of Standard Chartered Bank, CNBC's Martin Soong & Sri Jegarajah.
Tuesday, December 7, 2010
Gold price hits a new record
Gold price hits a new record of $ 1,427.55 an ounce and then backed off in Asian trading with immediate delivery at $ 1,421. The precious metal futures for delivery in February, are sketched in the night to $ 1,429.40.
Analysts predict a further rise in the next trade.
Analysts predict a further rise in the next trade.
Monday, December 6, 2010
Gold Price Hits High & Asia Cant Get Enough
Frank Holmes, chief executive officer of U.S. Global Investors, and Robert Robotti, president of Robotti & Company LLC, talk about the outlook for gold prices.
Holmes and Robotti also discuss oil and natural gas markets, and their investment strategies. They talk with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Holmes and Robotti also discuss oil and natural gas markets, and their investment strategies. They talk with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Friday, November 26, 2010
Gold: down 0.3% At $ 1,371.70 an ounce
Gold: down 0.3%A $ 1,371.70 an ounceGold fell slightly today in Asian markets. The yellow metal was trading at $ 1,371.70 an ounce, down 0.3%.
Thursday, November 18, 2010
Gold Price Has Risen Every Year For The Past Ten Years
Gold Price has continued to rise over the past ten years. There is a flight to safety and security by holding on to a tangible asset like Gold. US Dollar has lost 13% of purchasing power since June as the US Government continues to print money. Gold is the only real currency. Gold is real worth.
Friday, November 12, 2010
Gold is the smartest place to be
Gold Breaking Over $1400 Per Ounce
Gold price breaking over $1400 an ounce. Gold price jumps dramatically due to further quantitative easing via the Federal Reserve's $600 billion plan to print more money. There is already talk of a QE3 so the Gold price will continue to skyrocket.Wednesday, October 6, 2010
Gold Prices Are Unstoppable
NEW YORK (TheStreet) -- Will Rhind, head of U.S. operations for ETF Securities, says he thinks gold prices will head higher as governments fight a currency war.
Thursday, September 23, 2010
Why Gold Prices Havent Hit $1,300
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, reveals why gold hasn't broken the $1,300 psychological level yet.
Wednesday, September 15, 2010
Wednesday, January 27, 2010
Gold will take off again after the options deadline is over says Bob Chapman
the high finance geniuses are keeping the gold prices below $1100 on behalf of the government cause the options are coming to a deadline tomorrow , so expect the gold to shoot high again once the options deadline is over says bob Chapman The international Forecaster , the market is rigged he added by government controlled entities
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..
Monday, January 25, 2010
The Government is using Derivatives to push Gold Price Down says Bob Chapman
Bob Chapman on The International Forecaster on Erskine Overnight 23 January 2010
"this is a corporate fascist country " it has nothing to do with capitalism days Bob Chapman , the too big to fail should be left to fail .....
Tuesday, January 19, 2010
Gold and oil flat while dollar strengthens slightly
Japanese and European stocks drift lower on concerns for earnings growth. Gold and oil are flat while dollar strengthens slightly.
Thursday, January 7, 2010
Why Gold Prices Plummet Jon Nadler senior analyst at Kitco.com
Why Gold Prices Plummet
NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kitco.com, says news out of China and Japan is bolstering the U.S. dollar and hurting gold prices.
Stocks in this video: SGOL | GDXJ | GLD | IAU | GDX
Friday, December 11, 2009
Gold Continues To Fall as the Dollar strengthens. Dec 11 2009
As the dollar strengthens, gold prices continue to fall. Just a few weeks ago, gold price has hit new highs in excess of $1200 per ounce, but now gold bugs are worried the yellow metal might slip below $1100 per ounce, if not lower.
Monday, November 16, 2009
Gold Bull run $1,150 ounce : Jon Nadler
$1,150 Gold says Jon Nadler of Kitco.com
NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kitco.com, says that there are some variables that could put short term pressure on gold prices, but if gold's bull run can hold for a few trading days then the precious metal could hit $1,150.
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Tuesday, November 10, 2009
Kevin Kerr Gold hits new all time record and will continue to $5000
Kerr Trading International Kevin Kerr weighs in on the future of gold and dollar prices
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Gold and Oil Surge as Dollar Weakens 10 November 2009
Bloomberg Business Report.
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