Gold Around The World
The gold price has different meanings for everyone. For some, it is a source of wealth, for others it is the cost of fine jewelry, and there are many more who just don’t really care about it. Is There Value…
How Will Obama’s Speech Affect Gold?
Canada Gold reports that tonight’s State-of-the-Union speech from President Obama could provide some fuel for the markets tomorrow, depending on what new policy initiatives are announced. Considering some of the unexpected content of his inaugural address, Obama could cause a stir…
In The News
Gold’s Influence on the Global Monetary System on the Rise With highly-leveraged and very weak economies around the world seeing their currencies sink in value, a report from the Official Monetary and Financial Institutions Forum, (OMFIF) sees gold playing an important…
Gold News: Gold closes above $1730/oz US
As more weak economic data comes out of the US, including uncertainty regarding the fiscal cliff, and concerning developments emerge from the Middle East, the price of gold rose today as a safe-haven for worried investors. Gold is seen as…
Gold Prices Fall as US Fed Waits on Improving Employment
The US Federal Reserve’s Federal Open Market Committee (FOMC) has maintained its ambiguous, open-ended outlook after its meeting this week. The FED has stated that employment will provide the main source of direction for its quantitative easing program unveiled last…