Indian Gold Imports Rise in April
Written by Luke BurgessPosted April 17, 2009The Bombay Bullion Association reported this week that India imported 10 tons of gold in the first half of April after little to no imports during the first quarter of 2009.
Canadian Dollar Rallies to 3-Month High Against the U.S. Dollar
Written by Luke BurgessPosted April 16, 2009The Canadian dollar maintained a six-week rally against the U.S. dollar today as crude oil prices continued to show stability at $50 per barrel. The petro-linked loonie traded at a 3-month high against the greenback today, moving as high as $0.83680 to the U.S. dollar.
Royal Gold Raises $235 Million in Public Offering
Written by Luke BurgessPosted April 15, 2009Precious metals royalty manager Royal Gold Inc. netted over $235 million in a public offering of shares to be used to buy an interest in the gold production at Teck Cominco's Andacollo mine in Chile.
Indian Jewelry Sector Expects 4% Decline in 2009
Written by Luke BurgessPosted April 13, 2009The size of India's gems and jewelery sector is expected to decline by 3.9% this year, according to the Associated Chambers of Commerce and Industry of India, the highest body of the Chambers of Commerce of India.
China Expects LackLuster Gold Sales
Written by Luke BurgessPosted April 8, 2009The volume of gold sales in China is not expected to increase this year due to the ongoing global economic crisis.
Sales of Gold Teeth Increase
Written by Luke BurgessPosted March 31, 2009You probably have seen commercials for one of the many companies out there right now that are offering to buy old gold jewelry, scrap gold, or unwanted gold coins. But here's a new one for you . . . Porcello Estate Buyers, a 50-year and third-generation family jewelry business, is now actively seeking to buy gold teeth, also known as gold grillz.
Junk Silver Coins
Written by Luke BurgessPosted March 24, 2009Gold World editor Luke Burgess discusses the investment advantages of junk silver coins and silver bags.
Gold Futures Fall Below $900
Written by Luke BurgessPosted March 10, 2009Gold futures for April 2009 delivery fell more than 2% below $900 an ounce today as the equity markets rose, denting interest in the yellow metal as a safe haven.
Gold Demand in India
Written by Luke BurgessPosted February 26, 2009Gold demand in India increased 84% during the fourth-quarter compared to the same quarter of 2007, led by a spectacular 107% rise in jewelery demand.
Gold iPhone
Written by Luke BurgessPosted January 12, 2009Gold World editor Luke Burgess takes a look at the new $2.5 million gold iPhone from Peter Aloisson.
2009 Gold Bull Market
Written by Brian HicksPosted December 28, 2008Wealth Daily Editor Steve Christ takes a look the Fed's latest moves and why the gold bull market could just be getting started.
Gold Supply and Demand
Written by Luke BurgessPosted December 9, 2008Gold World editor Luke Burgess examines gold's supply and demand figures and offers one bit of wisdom: buy gold.
Zimbabwe Inflation Rate
Written by Luke BurgessPosted December 2, 2008Zimbabwe's annual inflation rate is now 516 quintillion per cent.
2008 China Gold Production Estimates
Written by Luke BurgessPosted November 17, 2008China's gold production is anticipated to reach up to 300 tons in 2008.
AIG Bailout Plan Almost Doubles
Written by Luke BurgessPosted November 11, 2008The AIG Bailout Plan almost doubles. Meanwhile, company executives spend $343,000 at a lavish vacation resort in Phoenix.