Posts Tagged ‘ gold prices ’

Silver and Gold Prices Rise Anticipating Chinese Demand

Apr 26th, 2011 | By
Silver and Gold Prices Rise Anticipating Chinese Demand

Silver and gold prices rose to record levels in London Monday in anticipation of increased Chinese demand. A report from the Chinese news site Century Weekly, citing unidentified sources, helped push silver for immediate delivery to a record $49.79 an ounce, and gold to $1,518.32 an ounce. According to the Century Weekly report, the Chinese
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Gold and Silver Rise as Hedge Against Inflation Expectations

Apr 6th, 2011 | By
Gold and Silver Rise as Hedge Against Inflation Expectations

Concerns about inflation sent gold prices to a record high for the second day in a row Wednesday. Meanwhile silver rose to a 31-year peak. Some investors buy gold, silver, and other precious metals as a hedge against inflation. Demand for precious metals rose following Tuesday’s release of minutes from the Federal Reserve’s March 15
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Gold Prices Fall Awaiting Developments in Middle East

Mar 9th, 2011 | By
Gold Prices Fall Awaiting Developments in Middle East

Gold prices fell Tuesday as safe haven investors held their breath awaiting the aftermath of a lull in the storm in Middle East politics. Libya’s instability has been pushing prices up, but so far the absence of a climactic conclusion leaves the market simmering and not boiling. Investors consider gold a hedge against inflation. When
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