Main Drivers Of Gold Prices

Gold in 1999 was at an ebb in the wake of a 20-year bear market, and has steadily been on the rise ever since. Gold prices are driven by several factors and there is every indication that this rising trend will continue. The factors while diverse and in constant change, are also influenced by political, […]

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Is Gold losing its shine as price tumbles

In the traditional market, Gold is the hedge against financial turmoil but its price recently has tumbled, wiping away gains made this year. Its highest point is $1748 per ounce in Feb this year. So what are the factors causing the price of gold to drop? The US Federal Reserve has kept the long term […]

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Understanding Gold Exchange Traded Funds ETFs

Historically, investing in gold has been the popular choice of people looking for diversification of holdings. This precious metal, which is traded actively by institutions and individuals, has long been a favorite haven for investors. It is one of the last of the safe options remaining especially after the Swiss Franc was fixed to the […]

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Gold soars to record high

New York – Investors flocked to gold last Friday, sending it to the latest in a series of records, as fears about recession in the world’s major economies infected financial markets. The metal soared as high as US$1,881.40 (S$2,273) an ounce – adding to a jump of more than 15 per cent this month alone. […]

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Gold hits latest record high, near S$2,229

NEW YORK (AP) – The price of gold hit its latest record high, near US$1,830 (S$2,229) an ounce, as investors spooked by the prospect of a return to recession sought out safety on Thursday in the precious metal. Gold prices have more than doubled since the recession began in late 2007. They’ve risen about 19 […]

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