GOLD should be treated with caution as price soars

October 19, 2010

If you had put your money in gold at its lows about a decade ago, you would have made more than a 400 per cent return today. But with the bullion now trading at record levels, the question is whether buying gold is still a good investment idea. Gold bugs say the precious metal is [...]

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Gold rush in China

October 8, 2010

BEIJING: Ms Zhang Cuiping is spending the Golden Week public holidays on one of the hottest national pastimes this month – buying gold. The accountant has been jostling with crowds in jewellery shops since China’s national day last Friday, even as prices of the precious metal have hit record highs. ‘Everyone is buying gold – [...]

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The elusive connection between gold and reason

October 5, 2010

IT HAS never been easy to have a rational conversation about the value of gold. Lately, with gold prices up more than 300 per cent over the last decade, it is harder than ever. Just last December, economists Martin Feldstein and Nouriel Roubini each penned opinion pieces bravely questioning bullish market sentiment and sensibly pointing [...]

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Gold back on the rise amid uncertainty

September 9, 2010

GOLD is back on the rise again and is closing in on the record levels seen in June as more economic uncertainty drives investors back into safe havens. The metal reached US$1,260 an ounce yesterday and is just a few dollars shy of the US$1,264.90 record high achieved in June thanks to renewed uncertainty about [...]

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Gold market to shine as China eases rules

August 10, 2010

SINGAPORE: China’s moves to free up its gold market open the way for foreign players and local banks to tap rising demand for the metal. They also offer citizens a more attractive investment and could boost China’s clout over global prices. With the Shanghai Composite Index down 20 per cent this year, and gold prices [...]

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