04
Nov
2009

GoldCore Update: Gold’s New Record Price Over $1,093/oz – $1,200/oz By Year End?

Gold
gold barsGold rose to new record highs yesterday and again this morning above $1,093/oz in what appears to have been continuing reaction to the news that Indian central bank had bought 200 tonnes of gold from the IMF . Gold has also surged in euro and pound terms.

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03
Nov
2009

GoldCore Update: ECB Sees Gold as Important Asset and India Buys 403 Tonnes of IMF Gold

Gold
Gold is continuing its strong upward run and is currently trading at $1.061.40/oz. In EUR and GBP terms, gold has risen again and is trading at €720/oz and £650/oz respectively.

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02
Nov
2009

GoldCore Update: G20 Finance Ministers Meeting and LBMA Precious Metals Conference in Scotland

Gold
Gold dollarGold has experienced a strong opening this morning and is currently trading at $1.052/oz, $8 higher than its close on Friday. In EUR and GBP terms, gold has risen and is trading at €712/oz and £643/oz respectively.

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30
Oct
2009

Paul Tudor Jones ♥ Gold

Gold bugs of the world, unite! You have nothing to lose but your exposure to fiat currencies.

Or so says leading hedgie and Wall Street throw back Paul Tudor Jones, who in his latest missive to investors has gone soft at the knees for the yellow metal:

"I have never been a gold bug. It is just an asset that, like everything else in life, has is time and place. And now is that time."

Rousing stuff indeed.

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30
Oct
2009

GoldCore Update: Tudor Jones Joins Soros, Rogers, Einhorn and Paulson as Long Term Gold Bull

Paul Tudor JonesGold
Gold is trading at $1.043/oz and traded in a $22 range over the last 24 hours, hitting a low of $1,026/oz yesterday morning.

Gold then rallied strongly and closed at $1,046.40/oz and has maintained yesterday’s gains in Asian and European trading. Some of the short term frothy excess has been removed from the market and the selloff has seen physical buyers in India return to buying for the wedding season.

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29
Oct
2009

GoldCore Update: Gold Entering Traditionally Strong Period of November and December

Gold
Chinese gold demandGold is trading at $1.033/oz and touched $1,026/oz in overnight trading. Gold fell again yesterday and continues to consolidate above the $1,000 level.

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28
Oct
2009

GoldCore Update: Record Amount of US Debt Ever Sold in One Week ($153B)

Goldtrillion dollar bill
Gold closed trading at $1,037.20/oz. In euro and GBP terms gold is trading at €700/oz and £634/oz. Gold’s short term frothiness after sharp gains has led to profit taking and an expected correction back down to previous resistance at the $1,030/oz level.

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27
Oct
2009

GoldCore Update: USD Wobbles on Chinese Currency Diversification Concerns

Gold
Dollar and yuanGold closed trading at $1,039.80/oz In euro and GBP terms gold is trading at €699/oz and £635/oz. Support for Gold is currently seen at $1,030/oz and resistance at $1,053/oz.

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23
Oct
2009

GoldCore Update: Enter the Dragon – Chinese Citizens Significantly Increasing Gold and Silver Ownership

Australian Gold Lunar DragonGold
Gold closed Friday night trading at $1,058.70/oz. In euro and GBP terms gold is trading at €704.55/oz and £642/oz. Gold looks set for its fourth week of gains (if it can remain above $1,053/oz) and this would be bullish technically.

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22
Oct
2009

New GoldCore Wealth Management Blog

GoldCore Wealth Management now has a dedicated website, with its own blog.

You can find it here: http://www.wealth.goldcore.com/blog

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