Category Archives: Uncategorized

CAPITAL GOLD GROUP NEWS: India May Soon Be Fixing Prices for Global Market

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MUMBAI: India, one of the leading gold consumers in the world, may soon manage to move from being a mere “price taker” to a “price maker” in the world of royal metal. Tired of the wild fluctuations of gold price … Continue reading

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CAPITAL GOLD GROUP NEWS: Newly rich Chinese consumers take a shine to gold

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By John Jameson on April 21, 2008 9:36 AM | Permalink By Fran Wang, AFP Monday, April 21, 2008 Shoppers examine gold jewelry at a department store in Beijing in this Dec. 2, 2007 file photo.  Figures from the World … Continue reading

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CAPITAL GOLD GROUP NEWS:Commodity prices keep moving upward touching record highs

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Daily Times Sunday, April 20, 2008 LONDON: Commodity prices struck new record highs this week, led by oil which surged above $116 for the first time, as investors favoured raw materials, including metals, over a tumbling US dollar. The weak … Continue reading

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CAPITAL GOLD GROUP NEWS: U.S. ECONOMIC WOES FUEL GOLD INVESTMENT DEMAND

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12:27 PM EDT April 7, 2008 by Polya Lesova, MarketWatch NEW YORK (MarketWatch) — Gold futures rallied along with other commodities Monday, as worries about the health of the U.S. economy drove investment demand for the precious metal. Gold for … Continue reading

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CAPITAL GOLD GROUP REPORT: Buffett and Heavy Hitting CFO’s say America is in a Recession . . . NOW

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Proof of 2008 U.S. Recession Why the Fed isn’t finished cutting rates By Ian Cooper Saturday, April 5th, 2008 It’s tough to discount a recession when: Record numbers of Americans are receiving food stamps, which could reach an all-time high … Continue reading

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CAPITAL GOLD GROUP REPORT: SPOT GOLD BREAKS AND HOLDS ABOVE $1,000 AS DOLLAR SLUMPS FURTHER

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FORBES.COM LONDON (Thomson Financial) – Spot gold broke and held above the key psychological $1,000 barrier and traded at a record $1,002.50  per ounce as the dollar tumbled to a new record low against the euro. The dollar’s freefall, which … Continue reading

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Capital Gold Group Report: GOLD HITS $1,000

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The price of gold reached a record, trading at $1,000 an ounce for the first time, pushed higher by a weak US dollar and fears about the US economy. Concerns about a possible US recession are seeing investors buy up … Continue reading

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DOLLAR’S CLOUT SINKS WORLDWIDE – PROTECTION IN GOLD

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SAO PAULO, Brazil – Antique store owners in lower Manhattan, ticket vendors at India‘s Taj Mahal and Brazilian business executives heading to China all have one thing in common these days: They don’t want U.S. dollars. Hit by a free … Continue reading

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CAPITAL GOLD GROUP REPORT: GOLD BREAKS $1,000 BARRIER

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NEW YORK (MarketWatch) — Gold futures briefly broke the psychologically important level of $1,000 an ounce Thursday, propelled by ongoing dollar weakness and bleak news from the financial sector. Gold soared as high as $1,001 an ounce on the New … Continue reading

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CAPITAL GOLD GROUP REPORT: Barrick’s Bullish View of Gold Signals Higher Prices Ahead

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By John Jameson on March 11, 2008 10:06 AM | Permalink With gold trading at nearly $1,000 an ounce, yellow-metal prices have risen a long way and for a long time. And yet there still looks to be plenty of … Continue reading

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