Gold Rises to Record; Silver at 27-Year High on Dollar’s Slump
By Claudia Carpenter
Last Updated: February 27, 2008 06:28 EST
Source: http://www.bloomberg.com/apps/news?pid=20601012&sid=a72Zt55Nh1lw&refer=commodities
Feb. 27 (Bloomberg) — Gold rose to records in London and New York and silver gained to a 27-year high as the dollar’s all- time low spurred demand for precious metals as a hedge against inflation. [...]

Central Bank gold sales seen at 500 t in ‘07/08
Written by Allan Seccombe
Published on Wed, 27 Feb 2008
Source: http://www.miningmx.com/gold_silver/985210.htm
[miningmx.com] — CENTRAL Bank Gold Agreement (CBGA) sales could reach 500 tonnes in the 2007/08 year, while sales for the following year are forecast to be a whole lot lower, but the IMF could be a surprise [...]

Gold futures rebound as dollar drops
By Nick Godt, MarketWatch
Last update: 2:44 p.m. EST Feb. 26, 2008
Source: http://www.marketwatch.com/news/story/gold-futures-rebound-dollar-drops/story.aspx?guid=%7B333505AC%2D4F02%2D4071%2DA07D%2DB9B2CD73F1C8%7D
NEW YORK (MarketWatch) — Gold futures reversed earlier losses on Tuesday, as the dollar fell against major counterparts on bleak U.S. economic data, while traders reconsidered the importance of an expected sale of gold reserves by the International Monetary [...]

Gold dehedging to slow this year - Fortis report
Reporting by Atul Prakash, editing by Chris Johnson
Tue Feb 26, 2008 6:49pm GMT
Source: http://uk.reuters.com/article/allBreakingNews/idUKL2674261020080226?rpc=401&=undefined&sp=true&pageNumber=2&virtualBrandChannel=0
LONDON, Feb 26 (Reuters) - Mining companies are expected to reduce their gold hedging positions by 6-8 million ounces in 2008, against a decline of 13.5 million last year, a report sponsored by Fortis [...]

Gold Falls as U.S. Pledges Support for Some IMF Bullion Sales
By Pham-Duy Nguyen
Source: http://www.bloomberg.com/apps/news?pid=20601012&sid=akBWsp0Vj6RQ&refer=commodities
Feb. 25 (Bloomberg) — Gold fell the most in almost two weeks after the U.S. said it would back “limited” sales of bullion reserves by the International Monetary Fund, the third- largest holder of the precious metal.
Some of the IMF’s $98 billion [...]

Have you ever considered using UOB gold savings account as an investment vehicle for precious metals?
These savings accounts definitely have a place in my precious metals investment portfolio.
I use the UOB gold saving accounts mainly to capture gold prices during dips in gold prices. Unlike the big boys out there, retail investors do not have the luxury [...]