By Thursday last week (21st May) Gold prices has risen to the highest levels seen in two months as a drop in the value of the US dollar fueled investors interest. This is because Gold holds its value through economic downturns better than other investments. The dollar fell to an eight-week low against the yen [...]
May 27th, 2009 | Posted in Gold News | Read More »
A recent report has highlighted that the demand for gold is soaring among investors, with more investors buying gold. Figures released by the World Gold Council show that total demand for gold, including gold bullion, rose to 1,016 tonnes in the first quarter of 2009 which represents a 38% increase on last years figures. This [...]
May 20th, 2009 | Posted in Gold News | Read More »
Recent figure indicate that Britain is on a deflationary path but this is expected to be short lived and inflation looks set to return. The Bank of England is raising the amount of money in circulation through a complex process known as “quantitative easing†(QE). Financial experts are predicting that QE will bring about an [...]
May 7th, 2009 | Posted in Gold News | Read More »