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News

Silver rises to 30-year high on Fed remark
Monday December 6, 2010   BUSINESS STANDARD-     Low gold ratio, Bernanke’s statement that the central bank may buy more bonds boost prices. Silver gained to the highest level since 1980 as the gold ratio dropped to th - Click for more...
First Ime in 30 Years:$30/ozt Silver (12/06/2010)
GOLD ALERT-  SILVER PRICE NEWS – The silver price reached the $30 level for the first time since 1980, as the March futures contract climbed as much as $0.835, or 2.9%, to $30.115 per ounce in mid-day trading.  With today&rsquo - Click for more...
PRECIOUS METALS: Gold Settles At Fresh Record Of $1,416.10
Monday, December 6, 2010   WALLSTREET JOURNAL-  NEW YORK (Dow Jones)--Inflation concerns and euro weakness lifted gold prices to a fresh record settlement high Monday. The most actively traded contract, for February delivery, sett - Click for more...
Gold Price Steady, Bernanke to Employ QE 3.0?
Monday, Decemeber 6, 2010   GOLD ALERT-  The gold price held firm at $1,415 per ounce Monday morning despite the U.S. dollar rising against the euro for the first time in four trading sessions.  Fed Chairman Bernanke, in a - Click for more...
The Scramble for Physical Metal Intensifies
Monday, December 6, 2010   RESOURCE INVESTOR-    BY James Turk   The scramble for physical gold and silver is intensifying.  People increasingly want to own the real thing, and not some paper substitute, all of wh - Click for more...
Precious Metals Ready to Break out on Chinese Demand, Korean Tension and Currenc
Friday, Decemeber 3, 2010   Commodities & Futures-    By: Mark O'byrne   Gold is higher in all currencies again this morning and is heading for a second weekly gain in dollars (and other major currencies), as Chin - Click for more...
Gold Advances Above $1,400 as U.S. Payrolls Increase Less Than Estimated
Friday December 3 2010   Bloomberg   By Nicholas Larkin   Gold climbed above $1,400 an ounce in New York as the dollar weakened after U.S. hiring trailed economists’ forecasts, boosting demand for a protection of w - Click for more...