London Gold Market Report WHOLESALE MARKET prices to buy gold and silver repeated yesterday’s rally in London trade after a slight drop Thursday morning, rising back above $1594 and $29.30 per ounce respectively as platinum and palladium also stemmed this week’s sharp drops. “Technically, many [precious metals] are now oversold,” says a note from dealers Intl FC Stone, pointing to chart .. more …
TORONTO, ONTARIO–(Marketwire -04/24/12)- High River Gold Mines Ltd. ( HRG.TO – News ) (“High River” or the “Company”) announces its production results for the first quarter ending March 31, 2012. Highlights Overview In Q1 2012, production decreased by 7% to 84.4 koz compared to Q1 2011 production of 90.5 koz. Buryatzoloto was an outperforming y-o-y … Continue reading
Danny Esposito , editor for Penny Stock Detectives , believes that, when investors focus in on the precious metals space, the metal that is more closely associated with money is gold bullion. However, according to the editor’s recent article, silver bullion has been used as a monetary asset throughout history, just like gold bullion, making … Continue reading
Feature Article of Friday, 18 May 2012 Columnist: Mensah, Nana Akyea Feature Article, by Nana Akyea Mensah I just checked the current price of gold per ounce before settling down to write this article. It is $1563.2 as of 2012-05-14 14:16:29 EST. In August 1999, it was a different story. The price of gold was … Continue reading
Under fire from all quarters for its inability to tackle the problem of black money, the government plans to focus on the real estate and gold and jewellery sectors to stanch the movement of unaccounted funds.The proposed white paper on black money, to be tabled in Parliament’s current session, is likely to propose a debate … Continue reading
We’ve thoroughly discussed the unhelpful practice of pricing assets in dollars. It’s a yardstick that changes length on a daily basis. And over any significant period of time, the price movement of gold, or oil, or cotton ” anything ” is misleading at best. So it’s better and more useful to look at the relative … Continue reading
There is a vast variety of such gold coins shaped as maple leaf of Canada. A system of numerical value has been incorporated for the variety of such coins. The numerical values are given to each type of coins to analyze in which condition a particular coin is. The price of such coins has also … Continue reading
By John WasikCHICAGO (Reuters) – One of the best investments I made in my home this year was to hire somebody to prove that its value had fallen.I know this sounds daft, but it resulted in a lower property tax bill. In our case, our taxes dropped by $1,000 to around $10,000 for the 2011 … Continue reading
What is the “Best” investment? In today’s economy, the “best” investment is relative to your global financial situation. It is also conditional to a specific risk tolerance as well. So the “best” investment will not be the same for everybody. However, we can see some similar patterns when you look at the options. Bond rates … Continue reading
IT IS a Chinese belief that the act of giving and receiving gold ornaments during a lunar leap month will bestow blessings on both parties.This time around, the leap month is between May 21 and June 18 but goldsmiths predicted that there would be no mad rush for gold – a symbol of prosperity and … Continue reading