Investment News and Resources

Tag archive for ‘Gold’

Sales of Gold at Record Levels

Sales of Gold at Record Levels

Should I buy more gold? At FT.com yesterday I found an article by Chris Flood that had some facts about gold sales that blew my mind.  However, its not hard to believe that gold sales in the third quarter 2008 were 121 percent higher than last year given the uncertainty in the world financial markets.
After [...]

Should Investors Use Gold as Hedge During Times of Financial Uncertainty?

Should investors hedge their portfolios with gold during the current financial crisis?

Gold Recorded its Biggest One-Day Gain in Nine Years

Gold Recorded its Biggest One-Day Gain in Nine Years

Is this the start of a new bull market in gold?
The price of gold soared 9 per cent in one session to end the Wednesday trading session at $US850.50 an ounce. This percentage gain was the most in one session since September of 1999.
BGF Equities analyst Warwick Grigor said, “A large move in gold overnight [...]