ANALYSIS: Fool’s gold, or the golden ticket?
Gold fell through the psychological $1,100 per ounce level at the start of this week as prices plunged more than 4% in early European trade on Monday.
Gold fell through the psychological $1,100 per ounce level at the start of this week as prices plunged more than 4% in early European trade on Monday.
There are four main factors that affect the price of gold. The USD, global interest rates, supply & demand fundamentals and risk sentiment. So far in 2015, all four have simultaneously pushed gold prices lower.
Private investor interest in gold hit a five-year low during December as investors cashed in following a price climb and buyers were deterred.
Castlestone Management is to increase the dealing frequency of its Aliquot Gold Bullion Income Fund from weekly to daily.
The lure of gold is as ancient as Greek mythology itself, but not always has this commodity given investors the Midas touch.
Gold has had torrid time of late, but is it about to change?
The price of gold may have fallen another $125 per ounce yesterday its greatest one-day loss ever but some retail investors in Hong Kong and mainland China are buying more of it, rather than selling, according to a columnist for the South China Morning Post.
Angus Murray looks at the impact changing currency rates has on Gold ETF investors.