RSSCategory: Bullion

Gold Stays Stable Despite Gap Up

Gold remains stuck in its channel either side of $1580 an oz. despite the fillip given it yesterday by the chief of the Bundesbank when it gained $10 only to fall back today after the US open to $1587 an oz.

March 13, 2013 | By | Reply More

Gold ETFs Hold Record Amounts of Bullion

It is estimated that by the end of last week Gold traded ETFs had increased their bullion holdings to a record of almost 1400 tonnes while sales of gold coins by the US Mint is running at double that of a year ago.

Morning trading in Asian markets saw gold under some selling pressure with traders pushing the price below $938 an ounce but Europe’s opening quickly saw the price back above $940 an ounce.

February 16, 2009 | By | Reply More

Gold Bullion Price Takes a Breather

Tuesday morning trading on the London Bullion Market saw gold drop back to steady at around $895 an ounce from Mondays high of $916.30 on profit taking and conversely the dollar weakening against the euro.

January 27, 2009 | By | 2 Replies More

Gold Bullion Trading on the Up

The Obama effect has started with gold bullion trading in Europe reflecting investors doubts over the level of spending to ‘kick start’ the economy envisaged by the new administration.

Although the US dollar has been showing strength against the euro, and particularly the pound sterling, the long term consequences of an unbridled Obama spending spree is bound to have a detrimental effect on the value of the dollar before very long.

Not that the European economies are looking any better as the banking sector follows in the wake of its US counterparts.

January 20, 2009 | By | Reply More

Arguments For And Against Investing In Gold

This article has been reproduced by kind courtesy of Bullion Vault. It is a timely reminder of the arguments for and against investing in gold in a time of financial crises. Questions are posed that you will need to consider if you are either holding or contemplating buying gold in todays highly volatile economic climate.

Why Gold? Why Now?

September 16, 2008 | By | Reply More

Advantages and Disadvantages of Investing in Bullion and Coin

Gold IngotThe simplest and most efficient method of participating in the precious metals market is by the direct purchase of the physical metal in the form of bullion or coin.

For the serious and financially secure investor large bullion bars are usually available at lower premiums than smaller shapes and coins.

September 14, 2006 | By | Reply More

Definitions Of Bullion

Bullion

A negotiable precious metal with a trading weight and shape, for example an ingot or bar and, in certain cases, coin.

Bullion Coin

A precious metal coin that is legal tender and whose market value is only dependant upon its content and not its face value or collectible value

September 14, 2006 | By | Reply More
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