Search Results for: gold
Gold under pressure, market awaits outcome of Greek talks
June 22nd, 2015
The gold price dropped back below $1,200 on Monday morning while crunch talks between Greece and European creditors take place. Spot gold was last at $1,197.20/1,198.00 per ounce, down $2.40 on Friday’s close. Silver was up five cents at ...
Gold price to climb as fears of a ‘Grexit’ rise
June 18th, 2015
The price of gold is tipped to rise as investors use the precious metal as a hedge against financial fallout from Greece’s ongoing debt crisis. Gold has been trading at about $US1180 per ounce in the last week, and ...
ICE Benchmark Administration Announces Bank of China as a Direct Participant to the Gold Auction
June 17th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that Bank of China has been approved by ICE Benchmark Administration (IBA) to participate in the gold auction which is used to determine the ...
What Would Happen If Mainstream Investors Discovered Gold?
June 8th, 2015
China, India and Russia are accumulating a lot of gold, but they’re virtually alone. Traditional money managers, for a variety of reasons, view the metal as neither a viable investment (because it doesn’t pay interest) nor a substitute for ...
Russia Central Bank Wants to Boost Gold, FX Reserves to $500B in Few Years
June 5th, 2015
The Bank of Russia plans to boost its depleted international reserves to $500 billion to hedge the crisis-struck economy against capital flight and new shocks, the central bank chairwoman said Thursday. Speaking at a banking conference, Elvira Nabiullina said ...
Poll Results: Where will Gold price be at the end of 2015? (Poll Closed June 01)
June 2nd, 2015
On June 01 closed the poll on www.onestopbrokers.com where you have shared your opinion about Where will Gold price be at the end of 2015. Gold’s price depends on how the market is performing. Gold is a store of ...
Russia Increasing Gold Reserves as a Hedge Against Political Uncertainty
May 27th, 2015
Russia is increasing its gold holdings because gold is a reserve asset that is free from legal and political risks, a senior central banker said on Tuesday. The comments by Dmitry Tulin, who manages monetary policy at the Central Bank, reflect Russian fears that the country’s overseas assets ...
France Restricts the Movement of Gold, Cash, & Crypto-Currencies
May 8th, 2015
France is the most socialist country in Europe; it always attacks anyone with money. France’s latest war on money is broadening to create a virtual lockdown on all assets. France is strengthening the control of cash payments drastically. Additionally, gold sales ...
BitGold platform enables people to use Gold as a store of value and medium of payments
May 6th, 2015
BitGold Inc. has issued a press release to announce the public launch of the BitGold platform. BitGold is inviting people everywhere to open free accounts, build savings, and make payments with securely vaulted gold – fully insured with no ...
Where is Gold heading to?
April 13th, 2015
Any hike by the Fed, which has kept rates near zero since 2008 to stimulate the U.S. economy, could hurt demand for bullion. A new monthly bullion report by Angel commodities say from a month’s perspective, spot gold prices ...
