Posts Tagged ‘global-economic’

Source: The Australian THE introduction of new taxes and concerns about the global economic outlook will not slow mining investment in Australia, forecast to reach $80 billion a year by 2015, according to a report. Independent forecaster BIS Shrapnel says... Full story

In what is starting to look like a mad dash, the price of gold rose to a new all-time high of $1,770 an once, temporarily passing the price of platinum. Investors are turning to gold as global economic markets are faltering. Full story

Gold climbed to a record in New York and London as concern that global economic growth may be slowing boosted demand for the metal as a protection of wealth. Manufacturing indexes in the U.S., Europe and China declined in July, raising concern that the Full story

Gold rebounded on Tuesday after posting its biggest one-day loss in a month in the previous session on growing worries about another global economic downturn, but a weaker U.S. dollar and bargain hunting by jewellers offered support. While signs of a cooling Chinese economy could weigh on industrial metals, dealers expect no change in China's appetite for bullion Full story

As the global economy remains in turmoil, Trader Tracks Editor Roger Wiegand thinks gold and silver have much further to rise while global economic turmoil is far from over. Interview with The Gold Report. Full story

" / TORONTO - The Toronto stock market headed for a slightly higher open Tuesday as gold and copper prices made advances amid uncertainty over the global economic recovery and Europes debt crisis. The Canadian dollar moved up against the American Full story

In line with global economic recovery in 2010, gross demand for platinum increased by 16% to 7.88 million ounces, according to Johnson Matthey in "PLATINUM 2011", released today. Global supplies of platinum increased by 0.6% to 6.06 million ounces, while Full story

JOHANNESBURG (miningweekly.com) Positive supply fundamentals and continued global economic growth could push platinum as high as $2 000/oz this year, with gross demand for the metal increasing by 16% to 7,8-million ounces, researcher Johnson Matthey said Full story

The Gold Report submits:John Pugsley, author of the highly successful newsletter, The Stealth Investor, is struggling with some sudden health issues. But in this exclusive interview with The Gold Report, he shared his insight on how the global economic situation, including the catastrophe in Japan, is affecting the prospects for precious metals-related investments. Editor's Note: Shortly after this interview was recorded, Mr Full story

NEW YORK, NY -- 01/31/11 -- The month of January has not been kind to gold prices. Most of the selloff appears to stem from the idea that greater global economic stability will make the precious metals market less attractive as an investment. Last Friday Full story