by agm | Apr 29, 2013 | news
Spurred by a sudden drop in prices, Asians in the last two weeks have gone on a gold-buying binge. The Indians, the world’s largest net importers of the yellow metal, have been snapping it up of course, and so have the Japanese, now concerned about a falling yen and...
by agm | Apr 25, 2013 | news
The crash of the price of paper gold on Monday has unleashed an unprecedented global frenzy to buy physical gold and silver. All over the planet, people are recognizing that this is a unique opportunity to be able to acquire large amounts of gold and silver at a...
by agm | Apr 21, 2013 | news
With everyone talking about how the great gold boom is over, that with the price of gold tumbling to $1,400 an ounce the back of the yellow metal as a safe-haven investment has been broken, you might be surprised to learn there’s actually a new gold rush going...
by agm | Apr 17, 2013 | news
Today’s AM fix was USD 1,379.00, EUR 1,046.12 and GBP 903.14 per ounce. Yesterday’s AM fix was USD 1,378.00, EUR 1,054.00 and GBP 900.48 per ounce. Gold rose $16.40 or 1.21% yesterday to $1,373.40/oz and silver also finished up 2.63%. Cross Currency Table –...
by agm | Apr 15, 2013 | news
The sharp fall in gold prices Monday was caused by a number of different factors, but margin calls may have over-extended the drop and forced many to liquidate their positions, said Thomas Vitiello, partner at Aurum Options Strategies. Vitiello remains bullish on the...