Posts Tagged ‘gold prices’

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Gold rebounds in London after previous sessions fall

Spot gold prices rose on Thursday after a sharp fall in the previous session but intensifying worries about the euro zone are keeping investors on edge Full story

Gold: The illusion of safe haven

Gold: The illusion of safe haven
Follow us on Facebook and Twitter for updates Read more : gold,silver,gold prices,silver prices,safe haven Let us admit it! There is no safe-haven in gold! It is just an illusion and one can argue that it is thoroughly inappropriate to term Gold a safe... Full story

Newmont Mining Corporation (NEM): Zacks Rank Buy

- This gold mining giant has a forward P/E of just 12.6 even though gold prices are soaring. Full story

Gold little changed on Fed move to help sluggish economy by driving down long-term rates

Gold little changed on Fed move to help sluggish economy by driving down long-term rates
NEW YORK, N.Y. - An expected move by the Federal Reserve to take new steps to stimulate the economy had little impact on gold prices Wednesday. Trading for gold and other precious metals closed before the Fed announcement of a program to drive down Full story

Mining CEOs expect gold prices to keep rising

- To hear mining executives tell it, gold prices have nowhere to go but up as investors flock to the yellow metal to hedge against the languishing global economy. Full story

Australian-listed gold stocks poised to shine

Australian-listed gold stocks poised to shine
SYDNEY (MarketWatch) — While gold prices have been on a record-breaking run, the performance of gold stocks in Australia has failed to dazzle, but some analysts are bullish on the outlook for the sector and point to a string of companies to watch. Full story

Gold falls sharply, suddenly in Asia

Gold falls sharply, suddenly in Asia
SYDNEY, Sept 7 (Reuters) - Spot gold prices suddenly fell over $30 an ounce on Wednesday to as low as $1,826.18, though it then quickly steadied around $1,840. Full story

Gold hits new high, silver drops

Gold hits new high, silver drops
Standard gold prices moved up further to touch an all time high of Rs 28,660 at the domestic bullion market in Mumbai on Tuesday amid buying interest though higher levels attracted profit booking later in the session. Full story

Sector Snap: Analysts expect gains for gold miners

- With gold prices continuing to set new records, two analysts said Monday that shares of gold miners could trade much higher. Full story

Australian shares stage fight back, buoyed by gold stocks

Australian shares stage fight back, buoyed by gold stocks
MELBOURNE (Reuters) - Australian shares rallied in late morning trade on Thursday, fighting their back to positive territory and outperforming offshore markets in the face of renewed euro-zone debt fears. Soaring gold prices helped buttress the local Full story
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