Posted by Batool on June 6, 2011 ·
In the free market system the world follows today, gold can be treated as a currency. It has exchange rates that are affected by trends in the market. You can store gold for days of economic uncertainty or have it exchanged for normal paper currency.
Posted by R. MAK. on December 13, 2009 ·
Those Investors who are willing to make gold part of their portfolio then there are different ways in which they can do this. They can purchase actual bullion or gold coins. Other than buying the physical metal, another popular option for them are the stocks of gold companies, as…
Posted by R. MAK. on September 26, 2009 ·
Due to a sharp decline in world gold prices, on September 25 the selling price of domestic gold reduced to VND 22 million per tael, which has dropped down by VND 200,000 per tael as compared to what it was on…
Posted by R. MAK. on September 21, 2009 ·
In New York earlier Monday the dollar gave up some of its gains, it has dropped back to day-earlier levels against the euro, but as investors continue to adjust positions it remained…
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Posted by R. MAK. on September 12, 2009 ·
On Friday, the week’s dollar sell-off continued, as the greenback hit a fresh 12-month low.The latest indicator to investors that the worldwide slowdown is drawing to a close is an accelerating economy in China, and they avoided the “safe” dollar in favor of gold, by which an 18-month high level has been hit, as well as other commodities and…
Posted by R. MAK. on September 8, 2009 ·
On Tuesday, gold prices rose above $1,000 per ounce and that is the highest level since March 2008 and it is suggesting that investors are uncertain about the U.S. dollar’s weakness and they anticipate international interest rates to…