Posts Tagged COMEX
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Gold’s volatility makes a long term focus more important
Posted By : Daniel Kiernan on October 5th, 2011
Location : gold
As events are constantly changing, sometimes on an hourly basis, it is difficult to keep abreast with the latest issues. The price of gold can change in an instant, and some of the moves can be substantial. Many of these price changes are becoming a daily occurrence. One day the price is down $50 an ounce and then before you know it, it is back up.
While prices have fallen significantly in recent weeks and volatility continues to rise, David Levenstein looks at what has actually changed, if anything
During this phase of volatility, it i…
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Gold a safe haven
Posted By : Daniel Kiernan on February 24th, 2011
Location : gold
Gold held at seven-week highs on Thursday, driven by the escalating violence in the Middle East that has propelled oil prices to 2-1/2 year highs and heightened investor fears of an inflationary shock to the global economy, Reuters reports
As many as 1,000 people may have been killed in the unrest in Libya, where on Wednesday, thousands celebrated as the east broke free of the control of Mummar Gaddafi, who has vowed to crush the revolt.
Escalating violence in Libya, Africa’s third-largest producer of oil, sent crude futures to their hi…
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