Gold News Archive
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American Bullion -- Buy Physical Gold On Pullbacks
March 8, 2010 Los Angeles – The price of Gold closed lower on Monday due in part to technical selling. This presents an ideal buying opportunity as Gold bullion prices are next expected to revisit their 2010 highs. The euro eased and the dollar traded higher on Monday after Greek Prime Minister George Papandreou warned that if the Greek crisis worsened ...
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American Bullion -- The Price Of Gold Steady
March 5, 2010, Los Angeles – The price of Gold held steady above solid support following the release of the February jobs data on Friday. The non-farms payroll data came in slightly better than expected with a drop of 36,000 jobs instead of the forecast 50,000 and unemployment held steady at 9.7 per cent.
With the U.S ...
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American Bullion -- The Safest Investment Is Physical Gold
March 4, 2010, Los Angeles – Gold bullion prices closed off their recent highs due mainly to profit taking on Thursday. Investors are using this pullback as an opportunity to purchase physical Gold. Thursday's pullback comes one day after Gold reached a 6 1/2 week high. The U.S. dollar traded near steady on Thursday, while the Euro currency ...
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American Bullion -- Gold Rises 5 Straight Sessions
March 3, 2010, Los Angeles – Gold bullion prices rose for the fifth straight session on Wednesday. Investors are buying Gold coins as an alternative to currencies. The dollar fell against the major currencies Wednesday after Greece's announcement that they would be putting into place austerity measures in an attempt to reduce its deficit by up to four per cent ...
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American Bullion -- Gold Bullion Prices Rally To 6 Week High
March 2, 2010, Los Angeles – Gold bullion prices rallied to a 6 week high on Tuesday as investors sought the safe haven of physical gold over currencies. Purchasing Gold coins and Gold bars has been a favorite strategy of astute investors looking for both liquidity and safety in their portfolios. Gold's move to much higher levels has been forecast ...