Jul 18, 2011 | Uncategorized
Gold may experience a pullback in its record-breaking days after Congress makes their decision on the debt-ceiling; however, analysts advise that any pullback will be only temporary, with climbing prices to resume shortly thereafter. Click here to read full...
Jul 4, 2011 | Uncategorized
It is no secret that gold has stolen the financial headlines for months now, as its worth flourished as the financial health of many nations plundered. While many financial analysts cautiously label this movement as a bubble, Erste Group Bank AG analyst and Annual...
Jun 17, 2011 | Uncategorized
According to a new report issued by Standard Chartered Bank, the astronomical demand and consumption of gold by China and India compounded with the limited production of gold can “potentially drive the gold price to US $5,000/oz”. Further, Standard...
Apr 15, 2011 | Uncategorized
Gold and silver continue on its path towards record highs as the government released reports of increasing wholesale prices and the first increase in first-time unemployment claims in three weeks. Click here to read full article
Apr 15, 2011 | Uncategorized
Gold and silver both received boosts as investors increased the demand for these metals to hedge against concerns of a faster growing inflation and the weakening dollar. Bloomberg reports that although silver has already doubled in the last year, based on current...
Apr 14, 2011 | Uncategorized
In response to “higher raw-material costs and record-low interest rates,” gold rose for the second day straight and silver rose a staggering 3%. Excerpt: “U.S. wholesale costs gained 0.7 percent in March, led by surging energy, the government said....
