Swiss Rejection Of Gold Is A Blow To Investors

Swiss Rejection Of Gold Is A Blow To Investors

Recently, Swiss voters reject the plan aimed at forcing the Swiss National Bank to buy gold in a large quantity, giving the financial institution some breathing space as it attempts to protect the national currency from a quantitative easing blitz. The Swiss government stated that 77 percent of voters in the recent referendum rejected the […]

Outlook is Optimistic for Gold Traders

Outlook is Optimistic for Gold Traders

  Since the 2004 debt crisis, gold traders and industry analysts are optimistic as the accumulation of gold is on the rise, in part to secure their wealth from the Europe’s debt crisis. According to a Bloomberg report, over 95% of those surveyed expect gold to rise in New York on Comex, making it the […]

The Rise And Fall Of Gold Prices

The Rise And Fall Of Gold Prices

Gold prices recently hit an all time high in Singapore as the U.S. dollar continued its drop against a basket of currencies on expectations that the Federal Reserve is likely to announce new measures to bolster the economy. Similarly, silver surged to a 30 year high and palladium climbed to a five-month high tracking base […]