Popular Gold News

Popular News

Gold Jumps on Weaker Dollar

Wednesday, 17 October 2012
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Published in Gold Investing
Gold jumped back up today (Wednesday) on news of a weaker dollar. Growing progress toward a debt solution for Europe weakened the dollar, and gold took advantage, gaining over $6 for the day. While not a double-digit jump, it was nice to see the yellow metal still going strong. Gold for December delivery GCZ2 +0.34% climbed by $6.50, or 0.4%, to come in at $1,752.80 an ounce. It traded as… Read more...

Hedging, Hoarding or Capital Appreciation?

Monday, 13 August 2012
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Published in From The CEO
While gold remains placid during these summer months ($1,620.9 per ounce as I write today’s column), it may be a good idea to settle back and ponder the percentage of your portfolio you should maintain in the yellow metal. Read more...

Central Banks Look to Build Gold Reserves

Thursday, 14 March 2013
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Published in World Economy
Central Banks have a choice to make. They either need to buy and sell gold, or start looking into building gold reserves. This will help their situations in the long run and add to their non-Dollar and non-Euro assets. This according to a new study from gold-market development organization the World Gold Council. Read more...
The debut designs of the 2013 $1 Presidential coins have been released. This program started in 2007 has become increasingly popular and the coin series that was created to honor all of our past Presidents will release the twenty-fifth through twenty-eighth issues in 2013. Below you will find a quick list of the 2013 release dates for these coins, along with the Presidents depicted on each coin. William McKinley, February… Read more...
Gold prices surged up for the second straight session, while platinum was also strong, actually surpassing the yellow metal in price for the first time since March of 2012. Gold may continue to experience price spikes this week as we take in the news that the monetary stimulus programs will remain in place for the time being.Gold for February delivery was up again, this time by $12.20 to come in… Read more...

Why Gold Remains a Sound Investment In 2012

Sunday, 24 June 2012
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Published in From The CEO
“Paper is poverty,… it is only the ghost of money, and not money itself.” Fascinating quote, isn’t it? It’s a statement that could easily have been made by George Soros, Ron Paul or even Alan Greenspan -- gold aficionados all of them. But this particular quote hails from a much earlier source. It happens to be taken from a letter Thomas Jefferson wrote in 1788 to Colonel Edward Carrington– a… Read more...

Underestimating Gold's Long-Term Value

Sunday, 01 July 2012
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Published in From The CEO
In our last commentary, we stressed that while a single economic event might cause a spike up or a short-term sag in the gold price, it can’t derail its long-term potential for a much higher price.  The optimistic events in the last day of the European Summit, though they infused gold with a $47.00(USD) quick move up in price, did little to change our thinking about focusing on individual events.  Read more...

Gold on the Ropes, but Not Yet Down and Out

Friday, 10 August 2012
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Published in From The CEO
Gold is straining investors’ patience.  It clings tightly to the ropes, but the referee hasn’t stopped the fight yet.  The Fed posturing of the last several months has failed to materialize into a third round of quantitative easing here in the states, an event we know will not only pull gold off the ropes, but will enable it to triumph.  The yellow metal has endured more than its share of… Read more...

The Gold Capitol of the World

Thursday, 17 January 2013
Written by
Published in World Economy
If there’s a contemporary city capitol for gold, it’s Kerala, India. Some might think that New York should wear such a crown, with Wall Street, the Federal Reserve and other massive stores of wealth on the island. However, though such wealth is clearly evident in the Big Apple, the prevalence of gold among the populace doesn’t hold a candle to Kerala. Not a small city by any stretch, Kerala’s 33… Read more...
The price of gold shot up some today, as reports from U.S. economic indicators reported steady improvement in the housing and labor markets. The yellow metal had dropped a small 40 cents yesterday, but the price of gold shot back up a little over $4 today. Read more...