Download now: The Downfall of Cable, and the Rise of 5G!

Wealth Daily Archives


Gold and Silver Prices Top 2-Month Highs

Written by Luke Burgess
Posted August 6, 2009

Gold and silver prices rose to 2-month highs today after a US jobless report boosted sentiment in precious-metals trading.

Short Term Gold Market Outlook

Written by Luke Burgess
Posted July 31, 2009

Gold World Managing Editor Luke Burgess discusses how gold prices could top $5,000 an ounce, and explains what investors should do now.

Swiss Banks Running Out of Storage Space for Gold

Written by Luke Burgess
Posted July 22, 2009

Swiss news website 20 Minuten Online reports that the country's banks are quickly running out of secure storage space for gold bullion owned by investors and institutions.

US Dollar Hits Six-Week Low

Written by Luke Burgess
Posted July 16, 2009

The US dollar hit a six-week low today as investors moved further away from the troubled currency.

Gold Suppression Theory

Written by Alex Koyfman
Posted July 15, 2009

Gold World editor Alex Koyfman examines Gold Suppression Theory... including 6 major institutions that don't want you to own gold... and why.

Commodities Rebound After Broad Sell Off

Written by Luke Burgess
Posted July 9, 2009

Commodities opened higher this morning after a broad decline overnight as investors continue to focus on a slow worldwide economic recovery.

Banks to Stop Accepting California's IOUs

Written by Luke Burgess
Posted July 8, 2009

A group of the biggest US banks, including Bank of America, Citigroup, Wells Fargo, and JP Morgan, say that they will stop accepting California's IOUs on Friday, adding pressure on the state to close its $26.3 billion annual budget gap.

Gold Opens Lower Ahead of July 4th Holiday

Written by Luke Burgess
Posted July 2, 2009

Gold prices opened lower this morning below $935 an ounce as the US dollar found strength ahead of the July 4th holiday in America. Markets are thin today, as many had already abandoned their desks early to headed for the nearest cookout.

Did the Royal Canadian Mint Get Ripped Off for $13.2 Million?

Written by Luke Burgess
Posted June 30, 2009

The Royal Canadian Mint, which has been touted as one of the most secure facilities in Canada, may have been the victim of a $13.2 million (CDN$15.3 million) gold heist, an audit concluded Monday.

Gold Prices Bounce Back After 6-Week Low

Written by Luke Burgess
Posted June 23, 2009

After hitting a six-week low of $913.20 an ounce overnight, gold for August delivery is up slightly to $923.80 an ounce this morning as the US dollar fell against the euro and Japanese yen.

Satire: US Gold Reserves to be Sold to

Written by Luke Burgess
Posted June 22, 2009

The Onion, a satirical news organization, posted a funny video over the weekend that reported on an emergency White House economic plan to sell the US national gold reserves for cash through precious metal buyers

Gold Vending Machines

Written by Luke Burgess
Posted June 17, 2009

In today's market, gold bullion can be bought from dealers, jewelers, auctions, private investors, and now from gold vending machines.

Indian Gold Imports Fall in May

Written by Luke Burgess
Posted June 15, 2009

India imported 17.8 tonnes of gold in May, representing an 11% decline compared to April and a 39% drop from May 2008.

The 3 Best Ways to Invest in Gold

Written by Brian Hicks
Posted June 11, 2009

Gold World research presents the 3 best ways to invest in gold in 2009, including where to purchase bullion, ETFs and gold stocks.

Oil Prices Surge Above $71

Written by Luke Burgess
Posted June 10, 2009

Crude oil for July delivery surged to $71.65 per barrel this morning as an unexpectedly large decline in U.S. oil inventories confirmed that supplies are beginning to tighten.