Nov 3rd, 2009 - FT
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Gold prices on Tuesday surged to an all-time high after India’s central bank bought 200 tonnes of the precious metal, swapping dollars for bullion as the country’s finance minister warned the economies of the US and Europe had “collapsed”.
India’s decision to exchange $6.7bn for gold equivalent to 8 per cent of world annual mine production sent the strongest signal yet that Asian countries were moving away from the US currency.
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Gold nears $1,100, extends gains as dollar weakens
Nov 4th, 2009 - Boston
NEW YORK—Gold prices rallied to another new high Wednesday on the back of a weaker dollar. Gold for December delivery rose to as high as $1,098.50 an ounce, before settling up $2.40 at $1,087.30 an ounce on the New York Mercantile Exchange...
Gold hits new high on India deal
Nov 4th, 2009 - BBC NEWS
The IMF plans to sell more than 400 tonnes of gold
The price of gold has touched an all-time high after a large sale of the precious commodity by the International Monetary Fund (IMF) to India.
Gold struck a high of $1,095.05 an ounce in London...HK, China shares gain; gold, metal stocks up
Nov 4th, 2009 - Reuters
* Hong Kong stocks gain on bargain hunting * Shanghai shares rise to almost three-month high * Gold counters rise on higher gold prices (Updates to close) By Jun Ebias and Claire Zhang HONG KONG/SHANGHAI...
HK, Shanghai shares rise; gold counters gain
Nov 4th, 2009 - Reuters
* Hong Kong stocks gain on bargain hunting * China shares at near three-month high * Gold counters rise on higher gold prices (Updates to midday) By Jun Ebias and Claire Zhang HONG KONG/SHANGHAI...
Buffett And India See A Dim Dollar Future
Nov 3rd, 2009 - Forbes
You might think that Warren Buffett's $34 billion bid for the rest of Burlington Northern Santa Fe ( BNI - news - people ) is the most eye-catching investment decision of the day...
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2:31India's love affair with gold - 13 Nov 09
The surging price of gold has done little to dent India's appetite for the precious metal or dim its luster in their eyes. India is the world's largest private gold consumer, accounting for about 20 per cent of global demand. India's cultural affinity for gold is legendary ...
8:44Why we NEED to own Gold, Silver, Palladium NOW - the new metric on precious metals investing
We no longer are seeing a market driven by profit motive alone; but by need. India bought 200 metric tons of gold at $1045 per ounce due to need, not to trade. More on this...
12:01Spare Change Ep09: Indian Head Gold Eagle Coin
In this episode of Spare Change we take a look at the Indian Head Eagle gold $10 coin designed by Saint Gaudens. This Beautiful gold coin was designed in 1907 and has become a collector favorite. We discuss the history and what to collect in the Indian Head Gold Eagle coin series as a collector ...
1:40how long can the stock market be kept afloat by the FED?
inside information on the health of the stock market by Alex Jones while talking to Ted Anderson about CIT bacnkruptcy and the price of gold as India buys 200 tonnes of IMF gold recorded on November 3rd 2009 ... cit bankruptcy ...
