Posts Tagged ‘buy gold’

Oil Prices to Stay Low After a Rebound, Gold Boosted by a Delay in Rates Rise

Tuesday, April 7th, 2015

Oil News

Despite oil prices rebounding on Monday with Brent crude at $58.12 a barrel, online commodity traders should be cautious, as a report produced by Goldman Sachs Analysts predicts months of low oil prices ahead.

Gold Hits Highest Price Since May

Wednesday, August 22nd, 2012

Gold and silver bullionOn Wednesday gold hit $1,650 an ounce for the first time since the beginning of May, reaching a high of $1655.50, before settling down to £1640.50 before the end of session.

The gold price was unchanged for most of the session before the minutes from the US Federal Reserve were released, which suggested the central bank was ready for another round of monetary stimulus in the near future.

Many investors are assuming that whatever tools are used to stimulate economic growth, they are likely to be bullish for the gold market.

Gold reach record levels

Monday, May 17th, 2010

Investors stick to gold as an alternative to the euro. Gold denominated in euro rose to record levels, 994 EUR/ounce, after USD gained over 1 % against the Euro.

Equities drops while funds buy gold

Soc General estimate major exchange traded funds added 46 tons of gold last week. Funds turn into gold as it’s holding the its value and going higher, while equities (more…)