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Gold's High in 2012 Seen At $2,200 Oz, Silver At $45--Barclays Capital
New York (Kitco News)--Gold should trade as high as $2,200 an ounce in 2012 and silver should touch $45, Barclays Capital said Thursday in a research note.
6 Pilihan Investasi Emas
Senin, 14/6/2010 | 10:33 WIB
KOMPAS.com - Selama ini emas dipilih sebagai salah satu penangkal inflasi, lantaran nilainya yang cenderung stabil dari tahun ke tahun. Fakta membuktikan, bila terjadi inflasi tinggi, harga emas akan naik lebih tinggi daripada inflasi. Data statistik menunjukkan, bila inflasi mencapai 10 persen, maka emas akan naik 30 persen. Bahkan, bila inflasi naik menjadi 100 persen pun, harga emas akan naik hingga 200 persen. Inilah mengapa, berinvestasi dalam bentuk emas dianggap sangat menguntungkan.
Speculation on gold may trigger bubble: experts
(People's Daily Online)
Updated: 2010-06-11 13:09.
<!--enpproperty 2010-06-11 13:09:18.0
Speculation on gold may trigger bubble: experts
Indonesian Finance Minister named World Bank Group director (Published: Tuesday, 4 May 2010 | 11:39 PM ET)
By: Reuters
Gold Advances as Recovery Signs Fuel Demand; Platinum Jumps
By Kim Kyoungwha
April 5 (Bloomberg) -- Gold gained as signs that the global economic recovery is strengthening buoyed demand for commodities and stocks. Platinum jumped to the highest since August 2008.
Gold for immediate delivery rose 0.5 percent to $1,125.80 an ounce at 5:52 p.m. in Singapore. Futures for June delivery in New York were little changed at $1,126.70 an ounce.
McEwen Speaks to Kitco News: Gold offers shelter over devalued currencies 12 March 2010, 3:00 p.m. EST By Daniela Cambone Of Kitco News
Toronto (Kitco News) -- Rob McEwen, Chairman and CEO of US Gold and Lexam Explorations said that with so much paper money being printed, it is important to protect one’s assets with gold.
In an exclusive interview with Kitco News during the 2010 McEwen Capital Reception last Tuesday, McEwen said that governments are printing excess amounts of paper currency and it is cheapening the value.
Buba opposes backing EMF with gold
BERLIN (Reuters) - Germany's Bundesbank would oppose any government initiative to use its gold reserves as backing for a European Monetary Fund (EMF), a spokeswoman said.
German magazine Focus reported on Saturday that the finance ministry was considering the possibility of euro zone countries using their central banks' gold reserves to back an EMF.
A spokeswoman for Germany's central bank said she was not aware of any such plans but the Bundesbank would resist them.
Gold price to remain around $US1,110/oz March 15, 2010 - 1:19PM
AAP
The gold price will remain static, around the historically high $US1,100 per ounce mark, despite the US dollar strengthening, a major global gold producer says.
The gold price is usually high when the greenback is weak as the metal is seen as a safe haven investment. Staying around the $US1,100 mark would be to reverse the usual dynamic.
Newmont Asia Pacific regional group executive operations Philip Stephenson told a conference in Perth on Monday that the gold price would remain strong in the short-to-long term.
Spot Metal Prices Fall on China Fears
NEW YORK (TheStreet) -- Gold spot prices fell Friday over renewed concerns that China could tighten its monetary policy, as the country's inflation gauge shot up.Gold spot prices fell $8.60, or about 0.7%, to $1,101.00 per ounce.Silver and platinum prices fell and remained flat, respectively, amid the news, given that they are industrial metals that are susceptible to a cooling of industrial growth worlwide.-- Reported by Andrea Tse in New York