NEWS ARCHIVE
13 July 2011 CNBC Gold Hits Record High as Euro Zone Debt Crisis Worse
July 13th, 2011 (CNBC)
Gold prices hit a record $1,581 an ounce on Wednesday as concerns over the euro zone debt crisis deepened, and after minutes to the Federal Reserve's June meeting suggested some members were pondering the need for additional monetary easing...
READ MORE15 Jun 2011 BLOOMBERG Gold to Extend Gains as Buyers Seek 'Safety' Against Inflation, Fund Says
June 15th, 2011 (BLOOMBERG)
Gold prices, rallying for an eleventh year, will extend gains as investors add bullion seeking a haven against currency debasement and inflation, according to India’s Quantum Asset Management Co...
READ MOREGold May Get Boost From Collateral Use, MF Global Says
February 8th, 2011 (BLOOMBERG)
Gold may get a boost as JPMorgan Chase & Co. joins the two biggest U.S. futures markets in allowing the metal to be used as collateral for trading...
READ MOREGold ETF Flows to Jump to Record in India on story Rising Demand, Funds Predict
January 12th, 2011 (BLOOMBERG)
Assets held in gold-backed exchange traded funds in India may surge to a record for a second year as demand gains, investor awareness spreads and more products are introduced...
READ MOREGold Must Exceed $2,000 to Be Considered in a story Bubble, Deutsche Bank Says
January 11th, 2011 (BLOOMBERG)
Gold would have to exceed $2,000 an ounce to be considered in a bubble...
READ MOREGold Rebounds on Demand for Haven Amid story Escalating European-Debt Concerns
January 10th, 2011 (BLOOMBERG)
Gold futures rose...as planned Portuguese and Spanish bond sales revived concern that Europe’s debt crisis will linger...
READ MOREGold Advances as Concern European Debt Crisis story May Worsen Increases Demand
November 30th, 2010 (BLOOMBERG)
Gold in New York rose the most in a week as Europe’s escalating debt woes boosted demand for the precious metal as a haven asset...
READ MOREGold Could Hit $2000 Amid Inflation: BlackRock Exec
September 29th, 2010 (CNBC)
Investors will continue to see strong demand for gold and exchange-traded funds (ETFs)...
READ MOREGold to Surge 50% to 'Real' Record?
September 15th, 2010 (CNBC)
Gold's resilient trend higher to a record this week...
READ MOREGold Futures Surge to a Record on Haven Demand as Stocks, Bonds Languish
September 14th, 2010 (BLOOMBERG)
Gold futures rose to a record $1,276.50 an ounce on demand for a haven against turmoil in the global economy and financial markets...
READ MOREMost Accurate Gold Forecaster, UniCredit's Hitzfeld, Raises 2011 Estimate
September 6th, 2010 (BLOOMBERG)
UniCredit SpA’s Jochen Hitzfeld, the most accurate gold forecaster tracked by Bloomberg in the last three quarters, raised his estimate for the metal’s average price next year by 12 percent to $1,400 an ounce...
READ MOREGold Rises, Caps Longest Rally Since November, on China Outlook
August 4th, 2010 (BLOOMBERG)
Gold rose, capping the longest rally since November...
READ MOREGold Rising as Euro Weakens Spurs More Speculation
May 24th, 2010 (BLOOMBERG)
Speculators are buying gold faster than the world’s biggest producers can mine it...
READ MOREGold Gains a Second Day as Inflation Signs Increase Demand
April 21st, 2010 (BLOOMBERG)
Gold climbed for a second day as signs of inflation in China, India and...
READ MOREChina Gold Demand May Double Within Decade, WGC Says
March 29th, 2010 (BLOOMBERG)
Gold consumption in China may double within the next 10 years...
READ MOREChina To Purchase Half of IMF's Gold
February 25th, 2010 (PRAVDA)
China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction...
READ MOREUS Gold's McEwen Says Gold May Hit $5000 by 2012
January 12th, 2010 (BLOOMBERG)
Chief Executive Officer Rob McEwen said global gold prices may increase to $5,000 an ounce between 2012 and 2014...
READ MOREOil, Platinum, Gold to Climb, Merrill’s Parrilla Says (Update2)
January 12th, 2010 (BLOOMBERG)
Oil, platinum, copper and gold will extend their rally this year...
READ MOREGold Climbs, Capping Ninth Annual Gain, on Currency Outlook
December 31st, 2009 (BLOOMBERG)
Gold futures rose, capping the ninth straight annual gain, on speculation that the dollar will extend a slump, spurring demand for the metal as an alternative investment...
READ MOREGold jumps to Record as Slumping Dollar Spurs Investment Demand
November 23rd, 2009 (BLOOMBERG)
Gold jumped to a record price as the slumping dollar boosted bullion’s appeal as an alternative asset...
READ MOREGold Jumps to Record as Inflation Outlook Fuels Investor Demand
October 6th, 2009 (BLOOMBERG)
Gold rose to a record on speculation that currencies will depreciate...
READ MORECNBC Charts Predict Gold Heading to $1200
September 21st, 2009 (CNBC)
The recent rally in the price of gold will continue and push on to new all-time highs around $1,200 per troy ounce...
READ MOREGold fast becoming asset class in every investment portfolio
August 7th, 2009 (MINING WEEKLY)
Gold is fast becoming an asset class in virtually every fund manager's investment portfolio...
READ MORECentral Bank Gold Agreement
August 7th, 2009 (WORLD GOLD COUNCIL)
The World Gold Council (WGC) today welcomes the renewal of the Central Bank Gold Agreement (CBGA) which reaffirms the importance of gold as a key element of global monetary reserves.
READ MOREGold, Silver Rise As Dollar's Drop Boosts Appeal of Commodities
May 12th, 2009 (Bloomberg)
Gold and silver rose for the first time in three sessions in New York...
READ MOREGold Rises on Investor Demand for Store of Value; Silver Climbs
Apr 8th, 2009 (Bloomberg)
Gold rose for a second straight day in New York...
READ MOREInvestment Demand Stampedes Gold
Jan 30th, 2009 (Streetwise - The Gold Report)
Clearly we are seeing a stampede of institutional fund management into gold at present...
READ MOREGold Climbs As Investors Seek Alternatives To Holding Cash
Jan 30th, 2009 (Bloomberg)
Gold rose, capping a third straight monthly gain, as investors sought an alternative to holding cash...
READ MOREBarrick Sees ‘Frightening’ Trend Driving Gold Higher
Jan 29th, 2009 (Bloomberg)
Barrick Gold Corp. Chairman Peter Munk said an “unpleasant and frightening” trend of investors buying gold as protection against uncertainty in world markets may help push the metal over $1,000 an ounce...
READ MOREGold Rises As Bailouts Spur Speculation Recession Will Deepen
Jan 20th, 2009 (Bloomberg)
Gold prices rose to the highest in more than a week on speculation that the recession will deepen as banks continue to fail, boosting the appeal of the precious metal as a haven...
READ MOREPrecious Metals Likely To Outperform For Commodity Investors
Jan 16th, 2009 (Reuters)
Gold's role as a hedge against inflation and financial uncertainty is expected to boost its appeal...
READ MORENew Year's Rally For Suckers, Hold Onto Gold!
Jan 4th, 2009 (GoldSeek - The Gold Report)
The rush from the dollar to gold could be very quick if history is any guide...
READ MOREGold Rallies On Weaker Dollar, Inflation Expectations
Dec 17th, 2008 (Dow Jones)
Gold futures have extended strong gains as the U.S dollar falls further and the Fed's interest rate cut is prompting buying in the metal as a hedge against inflation...
READ MOREGold Rises On Dollar’s Drop, Commodity Rally; Silver Gains
Dec 10th, 2008 (Bloomberg)
Gold futures rose for the third consecutive day on speculation a weaker dollar and higher commodity costs will boost demand...
READ MOREGold Will Rise To $2,000 By 2010
Dec 3rd, 2008 (CNBC.com)
The price of gold is set to rally to $2,000 per ounce next year...
READ MOREJ.P. Morgan Urges Investors To Buy Gold For The Holidays
Dec 1st, 2008 (Mineweb)
In a recently published commentary on gold, Bridges and Shepard advised that "the tighter gold supplies and counterparty risk could give gold (and thus directly the equities) a lift through year end...
READ MORECitigroup Says Gold Could Rise Above $2,000 Next Year As World Unravels!
Nov 27th, 2008 (Telegraph.co.uk)
The rush from the dollar to gold could be very quick if history is any guide...
READ MOREGold May Top $1,000 In 3 Years, Morgan Stanley Says
Nov 13th, 2008 (Bloomberg)
Gold may climb above $1,000 an ounce in 2011 as global mine output drops, mining costs rise and demand increases...
READ MOREGold Rises Most In Six Weeks As Dollar Drops; Silver Advances
Nov 4th, 2008 (Bloomberg)
Gold futures rose the most in six weeks as the dollar declined against the euro...
READ MOREGold To Reach $1,000 Next Year - And Stay There
Oct 30th, 2008 (Mineweb)
Interviewed on SAfm Radio in Johannesburg yesterday by Mineweb Editor in Chief, Alec Hogg, Gold Fields CEO, Nick Holland, gave some interesting views into his take on the gold price. "I believe gold will go through $1000 and stay there during the course of 2009"...
READ MOREGold Rises on Demand for Haven; Credit Crisis Spreads to Europe
Oct 6th, 2008 (Bloomberg)
Gold rose the most in two weeks on demand for a haven as the credit crisis deepens in Europe...
READ MOREOil Rises To A Record After Pickens Says Prices May Reach $150
May 20th, 2008 (Bloomberg)
Crude oil rose above $129 a barrel in New York for the first time after billionaire hedge-fund manager Boone Pickens said oil will reach $150 a barrel this year because supply isn't keeping up with demand...
READ MOREGold Could Hit $1,000oz
April 9th, 2008 (Business Standard Online)
Widening gap between production and jewellery demand could lead to a strong rally in gold prices this year...
READ MOREFaltering Market Conditions Could Push Gold To $1,800oz
March 17th, 2008 (Thomson Financial)
Gold could reach $1,800 an ounce within the year as investors turn to the yellow metal for shelter amid deterioration in capital markets...
READ MOREApril Gold Hits $1,800oz
March 13th, 2008 (The Wall Street Journal)
Most-active April gold futures hit the much-anticipated $1,000-per-ounce level on the Comex division of the New York Mercantile Exchange...
READ MOREWhen Gold Breaks Above $1,000, Then What?
March 6th, 2008 (Reuters)
Should the price of gold burst through the $1,000-per-ounce barrier, which it nearly did on Wednesday, experts predict it could reach higher records and even double this year...
READ MORECommodities Surge To Record As Inflation Concern Sparks Demand
February 19th, 2008 (Bloomberg)
Commodity prices surged to a record, led by gains in energy and metals, on signs that increased global demand for raw materials and the weakening dollar are fueling inflation...
READ MORECiti Expects Gold To Test $1,000 In 2008
January 14th, 2008 (Reuters)
Gold prices will test a record $1,000 an ounce this year, boosted by growing investment interest, safe-haven demand and strong market fundamentals, a Citigroup metals analyst said...
READ MOREGold Futures Surge To New All-Time Record High
January 8th, 2008 (Market Watch)
Gold futures surged to a new all-time high on Tuesday, soaring as high as $879.40, as dollar weakness, rallying crude-oil prices and tensions between the United States and Iran boosted demand for the precious metal...
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