The year ended on a stronger note for gold. The demand for gold surged thanks in part to the high crop prices that farmers in rural India are getting for their produce. It’s clear that gold has a great influence on the economy of a country. According to the Economic Times of India, the demand for gold rose in India as a result of farmers getting more for their crops. Clearly, it has been a good harvest judging by the 15% rise in gold purchases in December. The rising prices of crops like Soybeans, cotton and guar have boosted farming income.
Tag Archives: gold bullion
How the Trump-North Korea Situation is Stimulating Gold
In the last few weeks, there has been a lot of tension in the Pacific as the Trump Administration decided to mobilise military forces near to the Korean Peninsula, a region that has always been hot.
American Eagle Gold Coins for investment purposes
The American Eagle Gold Bullion Coins could be said to be the fastest gold bullion coins to establish a solid market position compared to all other gold bullion coins. This star gold bullion investment coins which were minted from gold that is mined within the borders of the United States are also considered legal tender according to the face value that is imprinted upon it which is considerably lesser than the net gold content worth of the coin.
The Turkish Precious Metal Market
The precious metal market in turkey in 2012 aroused the interest of the world partly due to the demand stemming from the Turkish market which astounded traders coupled with a rumour that Turkey was prepared to trade the precious metal with crude oil from Iran despite international sanctions.
Dubai’s Investors and Gold Fans Are Seeing Opportunities in Falling Prices
For every penny gold goes down, there is a whole crowd of people trying to get the most. Trump’s victory didn’t stimulate the gold market as many experts expected. In fact, the precious metal dropped to its lowest point in five months.
Druckenmiller says to Replace Stocks with Gold
There are abundant reasons to stay away from the stock market these days. If you don’t have enough time and are not willing to dedicate your focus on charts and business news, stocks may not be the right investment for you.
All That Glitters Could Actually Be Gold Investments!
In April 2020, GoldNews.com.au came under new management, articles published before this time, such as the below, may not reflect the views or opinions of the current GoldNews.com.au team. Looking back into time a sharp investor would have observed nervous investors moving to add inverse exchange traded funds or contra investments which are basically investments
Investing in Bullion
As most of you probably already know that there are numerous ways through which an individual could invest in gold. From gold exchange traded funds (ETF’s), allocated and unallocated gold certificates, mutual funds right up to physical gold in the form of coins, bars and ingots. Most people invest in gold in order to protect or hedge themselves from unforeseen economic conditions such as inflation.
Chariot of Fire – The Precious Metal Market (7 July 2015)
Greece is in default; the Chinese stock market has practically crashed which has created a spill over towards US listed Chinese companies, prices of gold took a 20 dollar an ounce tumble and dragged other metal down along with it
Terminology to understand before you buy physical precious metals
Precious metals are easy to buy, but there are a few terms to understand to really know what you are doing. Most buyers have no idea about these terms and they go straight ahead to buy what they want, while forgetting that buying bullion is actually a need, that need is to preserve wealth and attain precious metals as close to the global market price as possible
