Tag Archives : Gold Prices

Gold As new Currency

Gold As new Currency

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.

Types of Gold Fund

Types of Gold Fund

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…

Gold Price Reduces

Gold Price Reduces

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…

Dollar Gives Back Some Early Gains Vs Euro, Yen

Dollar Gives Back Some Early Gains Vs Euro, Yen

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…

Dollar slump continues as gold hits 18-month high

Dollar slump continues as gold hits 18-month high

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…

Gold Price Rises Over $1,000

Gold Price Rises Over $1,000

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…

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