By: Chris Mullen, Gold-Seeker.com - 29 April, 2010
Gold reversed yesterday’s after hours losses and rose in late Asian trade to see a $0.25 gain at $1171.05 in London before it fell to as low as $1161.90 by about 9AM EST, but it then chopped its way back higher in New York and ended with a loss of just 0.25%. Silver waffled near unchanged in Asia and London before it climbed higher throughout most of trade in New York and ended near its late session high of $18.558 with a gain of 2.38%. Full Story
THE PRICE OF GOLD ticked lower on Thursday morning in London, drifting 0.6% from yesterday's 4-month high for Dollar investors as stock markets rose with the Euro on calls for a sudden resolution to the Greek government-debt crisis. Full Story
By: Chris Mullen, Gold-Seeker.com - 28 April, 2010
Gold traded mostly slightly higher in Asia and London and fell to its session low of $1160.48 to see a loss of $1.07 at around the open of trade in New York before it surged to as high as $1174.20 by midday and then fell back off a bit in afternoon trade, but it still ended with a gain of 0.8%. Silver fell as much as 30 cents to $17.80 in midmorning New York trade before it rose to see a 13 cent gain at $18.23 by around noon EST, but it then fell back off into the close and ended with a loss of 0.11%. Full Story
THE PRICE OF GOLD in large, wholesale gold bars held near a 4-month high vs. the Dollar early in London on Wednesday, trading above $1162 an ounce even as the US currency hit a 12-month hit against the Euro on fresh political wrangling over the Greek government bail-out. Full Story
By: Chintan Karnani, Insignia Consultants - 28 April, 2010
S&P downgrades Portugal citing debt worries. Standard & Poor's on Tuesday downgraded Portugal's ratings citing concerns about its ability to deal with high debt levels given its weak economic outlook. After Greece now it’s the turn of Portugal. Full Story
By: Chris Mullen, Gold-Seeker.com - 27 April, 2010
Gold traded mostly slightly higher in Asia before it fell back off in London to see a loss of $7.45 at as low as $1146.00 by about 9AM EST and then shot to a new session high of $1164.40 by late morning in New York to see a gain of $10.95, but it then fell back off a bit into the close and ended with a gain of 0.7%. Silver fell to $18.06 and rose to $18.397 before it fell off rather markedly in the last couple of hours of trade and ended near its late session low of $18.025 with a loss of 1.09%. Both metals have risen in after hours access trade and the time of writing. Full Story
THE PRICE OF GOLD slipped below $1150 an ounce on Tuesday morning in London's wholesale market, dropping 0.3% from Monday's finish as the US Dollar rose and world stock markets fell once again. Full Story
By: Chris Mullen, Gold-Seeker.com - 26 April, 2010
Gold saw decent gains in Asia before it fell back off in London and dropped to as low as $1150.75 by early afternoon in New York, but it then bounced back higher into the close and ended with a gain of 0.03%. Silver fell to as low as $18.21 by midmorning in New York before it also rallied back higher and ended with a gain of 0.88%. Full Story
THE PRICE OF WHOLESALE gold bullion hit fresh record highs vs. the Euro early on Monday, holding onto Friday's late gains for US investors as the single currency fell on the forex market. Full Story
By: Chintan Karnani, Insignia Consultants - 26 April, 2010
The other day I received a call from someone working in a technology outsourcing company in Gurgaon. The person’s age is around twenty four years and he wanted me to suggest investment avenues so that his money could double in five years time for his marriage and at the same time that investment qualifies for Indian income tax rebate. Full Story
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