Gold still remains under $1200 at the end of the week after the results of stress tests of 91 Banks in Europe, where only 7 banks failed to prove they would survive financial crisis.
Posted on 09 August 2010
Gold still remains under $1200 at the end of the week after the results of stress tests of 91 Banks in Europe, where only 7 banks failed to prove they would survive financial crisis.
Posted on 20 July 2010
Gold has witnessed some serious decline this month amid tight economic conditions in States. Gold is currently at $1,176.31 which dropped from $2,157.09, a sharp and unexpected fall. The economic situation has made it easy for investors to invest and make enormous profits from Foreign Exchange market and Stock Market.
Posted on 02 July 2010
Price of gold have been fluctuating since the last month as gold demand is sought in the market of China and Australia. The government of China is urging its people through television ads to buy bullion as safest investments. The strategy behind China’s policy is to let it’s people have secured and most profitable investments for future.
Posted on 30 June 2010
The recent declining stock and forex markets have increased the gold price. The gold price trend as seen by senior analysts will continue to increase in the month of July and August. Analysts predicted that gold will reach $1261 giving it a 2.2% increase this month. The gold selling have been witnessed around the world in large quantity.
Posted on 14 June 2010
People generally consider Gold as the most safest, secured and highly profitable investments. It is a fact that Gold is very profitable but that is just not the limit. There are investments better than gold which can return more profit overnight or in longer term.
Posted on 01 June 2010
Gold has shown increase as the month of June started and is likely to increase for next 15 days. Analysts predicted that gold will reach $1256 giving it a 2.9% increase but will decline for correction by the end of this month. The decline is considered to be a 1.6% variation and the investors are known to make maximum profit out of this gold price trend. Oil prices are also on the doldrums but investors are not clear whether to invest in energy shares or not because declining prices and a downward trend means slow or no profit in energy sector of stock markets.
Posted on 20 May 2010
Gold and oil prices have sharply declined in the past 5 days due to issues unclear to investors. It is mainly due to US stock market downfall and euro zone crises which have made the precious metal and gasoline prices to fall.
Gold has witnessed +4.86% change which was a good sign. Now onwards, gold prices shall decline for the next 10 days or so.
Oil has witnessed -13.31% change which still continues to decline till the month of June.
The Gold and Oil markets have been hit by US Stock market as major shares are on the doldrums. It is expected that the market will be recovered soon.
Posted on 16 May 2010
Gold is on the moribund due to stock markets and forex decline. The news has it as the analysts are busy figuring out what went wrong this time with the stocks when DJI and FTSE declined. gold prices before Devali. right time to sell gold will be 2 days before devali. Major shares in pharma, auto industry and consumable goods would be beneficial. Gold prices stocks and forex recover. gold investors shifting back to stock market. But those lucky gold investors stick to gold investments, good news for you as the time to earn mega profit
Posted on 01 May 2010
The month of May 2010 is tremendous for gold investors as gold price tends to rise from here now on to new extents. Since forex is on the doldrums and the sadness is not likely to recover in the near future, the gold will rise extensively as investors are likely to switch back to gold. The gold trade world-wide has increased because of Indian buyers. The major investment is not gold jewelry anymore, but is now treated as the only solid asset required by middle-class investors as well as foreign central banks.
Posted on 01 April 2010
Gold forecast for the month of April 2010 is slightly bearish than the previous month as dollar has gained some stability in the world market (for details “dollar rises against euro”) but this stability of dollar is temporary as U.S. economy has yet to come out of recession clouds. The yellow metal had made major strides during the recession period due to panic buying by investors.
Since the recovery of shares, forex and investment market is expected, investors are likely to pull out their money from gold investments and put it in equity and other investment options. This strategy of investors may impact the gold prices and the yellow metals may not make big strides in the coming months probably the month of April and May as predicted by our financial analysts. In fact, gold is a lover of tragedies and whenever there is an adversity gold prices gain because people tend to buy gold during crisis times.
A long term investment in gold is always feasible because gold prices tend to incline against paperback economies. Investors should not put all their eggs in one basket, instead, they should try to keep some investments in gold and invest other in equity and forex which will more likely return 14% to 16% profit. The monthly gold forecast and gold outlook are universal.