STOCKPILING FOR WEDDING SEASON
Fri, 07 Aug 2009 00:43:59 +0000
In the West, we think of the wedding season as spring and early summer; isn’t being a June bride considered lucky? In India though, the height of the wedding season is during Diwali (beginning on Oct 17, 2009), the Hindu festival of light. During this time, thousands and thousands of weddings are performed [...]
GOLD HIGH
Tue, 04 Aug 2009 21:19:51 +0000
Gold hit a two month high today, topping $970 per ounce. This comes as no great shock, as the dollar has been losing face in recent days.
GOLD UPDATE 07/27/09
Mon, 27 Jul 2009 21:35:56 +0000
From Reuters:
New York gold futures finished with modest gains on Monday after hitting a six-week high, as an oil price rally and sharp declines in the dollar supported the yellow metal. An increased platinum output and a projected pick up in demand reported by Anglo Platinum (AMSJ.J) provided a strong underpinning for the metal [...]
GOLD DECLINES FOR THE FIRST TIME IN A WEEK
Thu, 22 Oct 2009 21:41:14 +0000
From Bloomberg.com, Oct 22, 2009:
Gold fell for the first time in a week as a rebounding dollar eroded the appeal of the precious metal as an alternative investment.
The U.S. Dollar Index, which measures the greenback against six currencies, rose as much as 0.7 percent from a 14-month low yesterday. Gold reached a record $1,072 an [...]
GOLD SETS A BRAND NEW RECORD
Tue, 06 Oct 2009 23:37:02 +0000
December gold trading set a record high today: $1045/ounce, beating out the record of 1033.90 from March of 2008.
The Wall Street Journal gives these reasons for the soaring prices of gold: “Gold, which began a bull market early in this decade, has been further boosted in recent weeks on concerns about the dollar and the [...]
STOCKPILING FOR WEDDING SEASON
Fri, 07 Aug 2009 00:43:59 +0000
In the West, we think of the wedding season as spring and early summer; isn’t being a June bride considered lucky? In India though, the height of the wedding season is during Diwali (beginning on Oct 17, 2009), the Hindu festival of light. During this time, thousands and thousands of weddings are performed [...]