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For full details and additional nugget photos, please visit:
gold nuggets
Showing posts with label gold prices. Show all posts
Showing posts with label gold prices. Show all posts
Wednesday, July 04, 2007
Friday, June 01, 2007
18 Karat Gold Bathtub Stolden!
In Tokyo, thieves made off with a $987,000 18-karat gold bathtub from the guest bathroom of a luxury hotel. "We have no witness information and there are no video cameras," said a police official. "We have no idea who took it."
That's a pretty ballsy move, stealing a 178-pound gold bathtub (from the 10th floor, no less). Mother lode gold
That's a pretty ballsy move, stealing a 178-pound gold bathtub (from the 10th floor, no less). Mother lode gold
Sunday, April 01, 2007
gold prices
Spot gold price up 24% in 2006!
by agold — published on February 4th, 2007
The price of gold rose by 24% in 2006, new research from Clerical Medical shows. This was the largest calendar year rise since 2002, and the third biggest annual gain in the past 20 years.
Since 2001, the price of gold has more than doubled, rising from $277 per oz to $635 per oz in 2006 – an average annual rise of 18%. View gold nuggets for sale at:
http://www.california-gold-rush-miner.us
by agold — published on February 4th, 2007
The price of gold rose by 24% in 2006, new research from Clerical Medical shows. This was the largest calendar year rise since 2002, and the third biggest annual gain in the past 20 years.
Since 2001, the price of gold has more than doubled, rising from $277 per oz to $635 per oz in 2006 – an average annual rise of 18%. View gold nuggets for sale at:
http://www.california-gold-rush-miner.us
Wednesday, July 12, 2006
Gold near 5-week high, safe-haven buying supports - Yahoo! News
Gold near 5-week high, safe-haven buying supports - Yahoo! News: "Gold near 5-week high, safe-haven buying supports By Atul Prakash
Wed Jul 12, 6:15 AM ET
LONDON (Reuters) - Gold traded on Wednesday near five-week highs, supported by firm oil prices and nervousness following bomb attacks which killed more than 180 people in India's financial hub of Mumbai.
But there was no big rush to buy as the market digested the news, with focus now shifting to the currency and oil markets and U.S. data on international trade and consumer sentiment, due on Wednesday and Friday respectively.
'It was partly stimulated by the bomb attack in India, but it was also triggered by a good-looking technical picture in the market,' Alexander Zumpfe, a metals trader at Germany's Heraeus Metallhandels-Gesellschaft mbH, said about the price surge.
'Actually there is no big change in sentiment,' he said, adding that people would see price dips as buying opportunities.
Gold climbed to $643 an ounce on Tuesday, its highest since June 5, on investment buying after a series of bombs hit at least seven packed commuter trains during the rush hour in Mumbai.
Spot gold was quoted at $642.00/643.00 an ounce by 0958 GMT, against $642.10/644.10 late in New York." For the real-time N.Y. gold spot price, visit gold miner website.
Wed Jul 12, 6:15 AM ET
LONDON (Reuters) - Gold traded on Wednesday near five-week highs, supported by firm oil prices and nervousness following bomb attacks which killed more than 180 people in India's financial hub of Mumbai.
But there was no big rush to buy as the market digested the news, with focus now shifting to the currency and oil markets and U.S. data on international trade and consumer sentiment, due on Wednesday and Friday respectively.
'It was partly stimulated by the bomb attack in India, but it was also triggered by a good-looking technical picture in the market,' Alexander Zumpfe, a metals trader at Germany's Heraeus Metallhandels-Gesellschaft mbH, said about the price surge.
'Actually there is no big change in sentiment,' he said, adding that people would see price dips as buying opportunities.
Gold climbed to $643 an ounce on Tuesday, its highest since June 5, on investment buying after a series of bombs hit at least seven packed commuter trains during the rush hour in Mumbai.
Spot gold was quoted at $642.00/643.00 an ounce by 0958 GMT, against $642.10/644.10 late in New York." For the real-time N.Y. gold spot price, visit gold miner website.
Monday, July 03, 2006
Gold Price Moves Up
Bloomberg.com: Worldwide: "Gold Rises to Near 1-Month High; ECB May Quicken Rate Increases
July 3 (Bloomberg) -- Gold rose to the highest in almost a month in London on speculation the European Central Bank will quicken the pace of interest rate increases on concern inflation is accelerating.
Investors are increasing bets that the ECB will step up the pace of rate adjustments as faster economic growth and near-record oil prices stoke inflation. Gold had its biggest one-day gain since 2001 on June 30 after the U.S. Federal Reserve indicated it may take a break from raising rates, curbing demand for the dollar and boosting the appeal of gold.
``Expectations of a stronger euro and the Fed's less hawkish comments has weakened the dollar, boosting gold,'' said Simon Toyne, an analyst at Numis Securities Ltd. in London. ``Inflation is one of the drivers of gold in the longer term.'' View natural gold nuggets at: http://www.california-gold-rush-miner.us
July 3 (Bloomberg) -- Gold rose to the highest in almost a month in London on speculation the European Central Bank will quicken the pace of interest rate increases on concern inflation is accelerating.
Investors are increasing bets that the ECB will step up the pace of rate adjustments as faster economic growth and near-record oil prices stoke inflation. Gold had its biggest one-day gain since 2001 on June 30 after the U.S. Federal Reserve indicated it may take a break from raising rates, curbing demand for the dollar and boosting the appeal of gold.
``Expectations of a stronger euro and the Fed's less hawkish comments has weakened the dollar, boosting gold,'' said Simon Toyne, an analyst at Numis Securities Ltd. in London. ``Inflation is one of the drivers of gold in the longer term.'' View natural gold nuggets at: http://www.california-gold-rush-miner.us
Thursday, June 15, 2006
Big gain in Gold!
Gold Has Biggest Gain in a Month as Dollar Drops; Silver Climbs
June 15 (Bloomberg) -- Gold had its biggest gain in a month as the dollar fell against the euro on speculation reports today will show a slowdown in U.S. economic growth. Silver rose as much as 6.6 percent.
The U.S. Federal Reserve may say industrial production probably grew 0.2 percent in May, according to the median of 76 forecasts in a Bloomberg News survey of economists. That would follow a 0.8 percent April gain. A Labor Department report may also show jobless claims rose last week. Gold is rebounding from a three-month low, as the weakening dollar encouraged investors to buy precious metals as alternative investments.
``Gold is moving on the back of the dollar,'' said David Gornall, head of foreign exchange and bullion at Natexis Commodity Markets Ltd. in London. ``The correlation between the dollar and gold seems to be more important now.'' "
June 15 (Bloomberg) -- Gold had its biggest gain in a month as the dollar fell against the euro on speculation reports today will show a slowdown in U.S. economic growth. Silver rose as much as 6.6 percent.
The U.S. Federal Reserve may say industrial production probably grew 0.2 percent in May, according to the median of 76 forecasts in a Bloomberg News survey of economists. That would follow a 0.8 percent April gain. A Labor Department report may also show jobless claims rose last week. Gold is rebounding from a three-month low, as the weakening dollar encouraged investors to buy precious metals as alternative investments.
``Gold is moving on the back of the dollar,'' said David Gornall, head of foreign exchange and bullion at Natexis Commodity Markets Ltd. in London. ``The correlation between the dollar and gold seems to be more important now.'' "
Friday, April 28, 2006
Gold soars to new high as safe-haven on Iran
Gold soars to new high as safe-haven on Iran - Yahoo! News: "Gold soars to new high as safe-haven on Iran By Zach Howard and Martin Hayes
Fri Apr 28, 3:31 PM ET
NEW YORK/LONDON (Reuters) - Gold jumped to a 25-year high on Friday, closing up almost 3 percent in New York, on worries about record oil prices, a declining dollar and international confrontation over Iran's nuclear program.
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Near record prices for oil and base metals, along with a sharp fall in the dollar's exchange rate against the euro, fueled aggressive investor buying across the precious metals group, hoisting gold above its last high from a week ago.
Silver, which has been a shooting star in the booming commodity sector in recent weeks, but has been very volatile, jumped more than 8 percent. Yet it still played second fiddle to gold, which got an extra boost as a traditional safe-haven on the tense standoff over Iran's nuclear ambitions.
'I think gold has kind of taken on a leadership role,' Steve Platt, a broker with Archer Financials in Chicago, said, adding that the yellow metal also was benefiting from a weak dollar.
'People for a long time had not been interested in the precious metals to any big degree, but now you have started to see them look at them once again as a flight to quality in terms of asset diversification,' Platt said."
Fri Apr 28, 3:31 PM ET
NEW YORK/LONDON (Reuters) - Gold jumped to a 25-year high on Friday, closing up almost 3 percent in New York, on worries about record oil prices, a declining dollar and international confrontation over Iran's nuclear program.
ADVERTISEMENT
Near record prices for oil and base metals, along with a sharp fall in the dollar's exchange rate against the euro, fueled aggressive investor buying across the precious metals group, hoisting gold above its last high from a week ago.
Silver, which has been a shooting star in the booming commodity sector in recent weeks, but has been very volatile, jumped more than 8 percent. Yet it still played second fiddle to gold, which got an extra boost as a traditional safe-haven on the tense standoff over Iran's nuclear ambitions.
'I think gold has kind of taken on a leadership role,' Steve Platt, a broker with Archer Financials in Chicago, said, adding that the yellow metal also was benefiting from a weak dollar.
'People for a long time had not been interested in the precious metals to any big degree, but now you have started to see them look at them once again as a flight to quality in terms of asset diversification,' Platt said."
Wednesday, April 19, 2006
Gold at 25 Year HIGH
Bloomberg.com: Canada: "Gold Reaches 25-Year High, Silver Surges on Inflation Concern
April 19 (Bloomberg) -- Gold rose to a 25-year high and silver topped $14 an ounce for the first time since 1983 as investors snapped up precious metals to hedge against inflation.
Gold is up 46 percent from a year ago and silver almost doubled as oil costs reached record highs. The Goldman Sachs Commodity Index jumped 10 percent since April 7 to a record, and the Labor Department today said prices paid by U.S. consumers rose more than expected in March. Investors are increasing their holdings of precious metals to preserve purchasing power.
``There is a lot of money on the sidelines that was waiting to get in, but the market never gave them a break'' because prices kept rising, said Frank McGhee, head metals trader at Integrated Brokerage Services LLC in Chicago. ``Now they're buying, and that feeds this kind of rally.''
Gold Price Predictions and natural gold nuggets all at: http://www.california-gold-rush-miner.us
April 19 (Bloomberg) -- Gold rose to a 25-year high and silver topped $14 an ounce for the first time since 1983 as investors snapped up precious metals to hedge against inflation.
Gold is up 46 percent from a year ago and silver almost doubled as oil costs reached record highs. The Goldman Sachs Commodity Index jumped 10 percent since April 7 to a record, and the Labor Department today said prices paid by U.S. consumers rose more than expected in March. Investors are increasing their holdings of precious metals to preserve purchasing power.
``There is a lot of money on the sidelines that was waiting to get in, but the market never gave them a break'' because prices kept rising, said Frank McGhee, head metals trader at Integrated Brokerage Services LLC in Chicago. ``Now they're buying, and that feeds this kind of rally.''
Gold Price Predictions and natural gold nuggets all at: http://www.california-gold-rush-miner.us
Wednesday, April 12, 2006
Win - Win for Gold!
If the global economy evades the downturn scenario, then both precious metals and base metals (copper, zinc, nickel, uranium, oil and gas) will do well as China and India's massive infrastructure development programs continue to create rising demand for these commodities.
So, regardless of your view of the global economy, some exposure to commodities is an important part of a balanced portfolio. Gold Price Predictions and natural gold nuggets all at: http://www.california-gold-rush-miner.us
Tuesday, April 11, 2006
GOLD Over $600.00
Investor - News: "LONDON, April 11 (Reuters) - Gold jumped above $600 an ounce to its highest in 25 years and silver set a new 23-year peak above $13 on Tuesday as funds and investors widened their exposure to surging commodities.
They poured money into precious metals to diversify their portfolios on worries about inflation, tensions in the Middle East and uncertainties over the dollar's outlook because of the U.S. trade and budget deficits, analysts said.
'At the moment, I wouldn't try to bet against the continuation of the rally,' said Wolfgang Wrzesniok-Rossbach, head of precious metals marketing at Germany's Heraeus.
'In terms of fundamentals, it shouldn't be here. In terms of charts, there is not much you can see. It's certainly speculative money which flows here into all precious metals.'"
Gold nugget sales and museum size gold nuggets - visit: http://www.california-gold-rush-miner.us
They poured money into precious metals to diversify their portfolios on worries about inflation, tensions in the Middle East and uncertainties over the dollar's outlook because of the U.S. trade and budget deficits, analysts said.
'At the moment, I wouldn't try to bet against the continuation of the rally,' said Wolfgang Wrzesniok-Rossbach, head of precious metals marketing at Germany's Heraeus.
'In terms of fundamentals, it shouldn't be here. In terms of charts, there is not much you can see. It's certainly speculative money which flows here into all precious metals.'"
Gold nugget sales and museum size gold nuggets - visit: http://www.california-gold-rush-miner.us
Wednesday, April 05, 2006
Australia could be biggest gold producer - Breaking News - Business - Breaking News
Australia could be biggest gold producer - Breaking News - Business - Breaking News: "Australia could become the world's number one gold producer at a time of record high gold price if exploration was increased, a conference has heard.
West Australian resources minister John Bowler said gold was currently out of the spotlight due to a focus on other commodities such as iron ore and nickel.
'But I don't think gold has come and gone,' he told a the Paydirt gold conference in Perth.
'I think it will have a future for forever and a day.'
Australia currently sits behind rival gold producer South Africa in the list of top gold producing countries and last year produced about 169 tonnes of gold."
Please visit our website to view some stunning California gold nuggets.
West Australian resources minister John Bowler said gold was currently out of the spotlight due to a focus on other commodities such as iron ore and nickel.
'But I don't think gold has come and gone,' he told a the Paydirt gold conference in Perth.
'I think it will have a future for forever and a day.'
Australia currently sits behind rival gold producer South Africa in the list of top gold producing countries and last year produced about 169 tonnes of gold."
Please visit our website to view some stunning California gold nuggets.
Monday, March 27, 2006
Gold Forecast - HIGHER
Metals Stocks Climb on Price Forecast: Financial News - Yahoo! Finance: "Research analyst John H. Hill offered a litany of reasons for the forecast.
Metals have 'shrugged off interest rate jitters, intermittent oil and gas selloffs, multiple bouts of profit-taking, seasonal demand slowdowns' -- among other headwinds -- 'and appear to be entering the sweet spot of the commodity supercycle at extremely high price levels,' he said in a client note.
The brokerage's metals unit raised its commodity price estimates substantially for copper and nickel and upped projections modestly for aluminum and gold."
Metals have 'shrugged off interest rate jitters, intermittent oil and gas selloffs, multiple bouts of profit-taking, seasonal demand slowdowns' -- among other headwinds -- 'and appear to be entering the sweet spot of the commodity supercycle at extremely high price levels,' he said in a client note.
The brokerage's metals unit raised its commodity price estimates substantially for copper and nickel and upped projections modestly for aluminum and gold."
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