Tag Archives: precious metals

Capital Gold Group Report: U.S. Growth Weaker Than Expected — Dollar Decline Boosts Investor Demand for Gold

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Gold Rallies as Dollar Decline Boosts Investor Demand for Metal By Millie Munshi July 31 (Bloomberg) — Gold gained the most in three weeks after a report showed weaker-than-expected U.S. growth during the second quarter, sending the dollar tumbling and … Continue reading

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Capital Gold Group Report: Gold Rises Above $925; Oil Hits New Record High; DOW Loses 20% Since October

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by Myra P. Saefong & Joyce Koh June 27, 2008 SAN FRANCISCO (MarketWatch) — Gold futures climbed above $925 an ounce Friday as a new record high in crude oil, persistent weakness in the U.S. dollar and a recent plunge … Continue reading

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CAPITAL GOLD GROUP REPORT: GOLD BEATING MARKET

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Gold Beats Financial Assets as Investors Seek Haven  — Bloomberg 2008-03-03 05:45 (New York)  By Millie Munshi and Pham-Duy Nguyen   March 3 (Bloomberg) — Gold, silver, platinum and palladium may be the best-performing financial assets this year as inflation … Continue reading

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CAPITAL GOLD GROUP REPORT: GOLD ADDS TO RECENT RALLY

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Friday, February 08, 2008 2:46:40 PM – Gold closed higher on Friday in U.S. trading, adding to the gains from the two previous sessions. April gold finished at $922.30 an ounce, up $12.30 on the day. The precious metal reached … Continue reading

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CAPITAL GOLD GROUP REPORT: ” THE DOLLAR AIN’T WHAT IT USED TO BE “… EUROPEANS ALSO BUYING RECORD AMOUNTS OF GOLD WITH THEIR EUROS

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NEW YORK (Reuters) – In the latest example that the U.S. dollar just ain’t what it used to be, some shops in New York City have begun accepting euros and other foreign currency as payment for merchandise. “We had decided … Continue reading

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CAPITAL GOLD GROUP REPORT: THE COMING GOLD SURGE

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Commentary: There are plenty of factors aligned to drive prices up By Sean Brodrick, Money and Markets Last update: 12:01 a.m. EST Feb. 4, 2008 There have been enough dips and outright plunges to make gold traders feel like they’re … Continue reading

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CAPITAL GOLD GROUP REPORT: CITI UPS GOLD FORECAST TO TEST $1,000/oz IN ’08

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NEW YORK, Feb 5 (Reuters) – The price of gold will average $900 an ounce with a test of the historic $1,000 level possible this year based on strong investment buying amid a weak dollar, inflation concerns and safe-haven demand, … Continue reading

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CAPITAL GOLD GROUP REPORT: A NEW RECORD HIGH FOR GOLD ON RECESSION WORRIES, WEAK DOLLAR & S. AFRICA POWER SHORTAGES

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  Saturday February 2, 12:12 AM LONDON (AFP) – Gold prices hit a historic 936.92 dollars per ounce on Friday as the yellow metal was boosted by strains in the US economy and weakness of the dollar, analysts said.The record-breaking … Continue reading

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CAPITAL GOLD GROUP REPORT: SOUTH AFRICA OUTAGES, ECONOMY PUSH UP GOLD

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By John Jameson on January 29, 2008 9:14 AM | Permalink Jan. 29, 2008 (Investor’s Business Daily delivered by Newstex) – Maybe it’s an anxiety shelter, but gold has investors luminous these days. The yellow metal hit an all-time high … Continue reading

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CAPITAL GOLD GROUP REPORT: GOLD HITS A NEW HISTORIC HIGH ON WEAK DOLLAR

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By John Jameson on January 28, 2008 9:41 AM | Permalink Mon Jan 28, 2008 5:12 PM GMT By Atul Prakash and Veronica Brown LONDON, Jan 28 (Reuters) – Gold and platinum sailed to record highs on Monday, boosted by … Continue reading

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