Archive for August, 2008

Aug 25 2008

Gold Investments Market Update - U.S. and Russian Warships in Black Sea as Tensions Escalate

Published by Mark O'Byrne under Market Updates

Gold
Gold finished trading in New York on Friday at $827.00, down $6.30 and silver was down 26 cents to $13.50 after a very strong week. Gold and silver fell in Asian and in early European trading this morning. Gold is trading at $821.30/821.70 per ounce (1030 GMT).
Gold has fallen this morning on flat oil prices, [...]

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Aug 22 2008

Gold Investments Market Update - Bundesbank Favours Gold while U.S. Government Mint Sells Out of Gold Coins and Suspends Sales

Published by Mark O'Byrne under Market Updates

Gold
Gold finished trading in New York yesterday at $833.30, up $23 and silver was up 73 cents to $13.76. Gold and silver remained firm in Asian trading and have given up some of the gains in early European trading. Gold is trading at $831.30/831.70 per ounce (1100 GMT).
Gold surged yesterday on concerns regarding Russia - [...]

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Aug 21 2008

Gold Investments Market Update - Geopolitical Risk Rising Sharply

Published by Mark O'Byrne under Market Updates

Gold
Gold finished trading in New York yesterday at $810.30, down 50 cents and silver was down 10 cents to $13.03. Gold and silver then rallied in Asian trading and early European trading. Gold is trading at $821.30/821.70 per ounce (1045 GMT).

Gold is finding favour again with the dollar having weakened again (as low as 1.4829 [...]

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Aug 20 2008

Gold Investments Market Update - Investment Demand Surging Internationally as Stagflation Deepens

Published by Mark O'Byrne under Market Updates

Gold
Gold finished trading in New York yesterday at $810.80, up $10.30 and silver was down 8 cents to $13.11. Both gold and silver remained firm in Asian trading but have given up some of the gains in early European trading. Gold is trading at $807.30/807.70 per ounce (1045 GMT).
Gold, rebounding from oversold levels, rose for [...]

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Aug 20 2008

British Gold Sovereigns - The Preserve of Collectors, Savers and Smart Investors

Published by Mark O'Byrne under Commentary, Gold, History

Gold as Essential Diversification and Financial Insurance
Gold bullion remains an essential diversification and essential financial insurance to have in all properly diversified portfolios. Besides the ever more important factors of inflation hedging and financial insurance, gold is likely to continue to outperform other asset classes and to provide significant returns to gold buyers.
Many of the [...]

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