Gold Unwinds Weekly Drop as Real Interest Rates Plunge, 2011 Fed Hike Seen as Less Likely Amid Japan & Middle-East Turmoil - 18 March 2011
Prices to Buy Gold rose above $1418 per ounce Friday lunchtime in London, reversing this week's earlier 2.4% drop as crude oil fell and world stock markets rose further after news of an immediate cease-fire by the Gaddafi regime in Libya, prompted by the United Nations' "no fly zone" agreement. In the currency market, joint intervention by Japan, the US, UK, Germany, France and Italy knocked the Yen down 6.3% from Thursday's new all-time highs of ¥76.25 per Dollar – its fastest fall since the post-Lehmans' chaos of late 2008. Read More...
Gold Cup - Race Analysis & Betting Guide
mperial Commander was the No.1 trends pick last year but falls down this year on account of being a 10-year-old - no such winner since Cool Dawn in 1998 and before him Cool Ground in 1992. At least he has a year on both Kauto Star and Denman, who are bidding to become the first Gold Cup winner aged over 10 since 1969. That said, not many 11-year-olds of their quality have lined up in the race in the past, so it might not pay to be ageist on this occasion. Read More...
The World’s Best Gold Experts: “Buy and Hold!”
n January, Jeff Clark of Casey Research’s BIG GOLD advisory set out to get opinions from some of the smartest, most accomplished investors in the gold industry – where is the gold price going to go, how volatile will the markets be, what’s the outlook for precious metals stocks? Read on for some of the most insightful answers you’ll see anywhere… Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
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