Gold Prices

Gold and Platinum Climbing in Anticipation of Fed Meeting

September 12, 2012 James Heinsman In the News

As the Federal Open Market Committee begins its two-day meeting today, investors are sending the price of gold and platinum up in anticipation of the news that the Fed will introduce its third round of quantitative easing, known as QE3. Companies that trade in precious metals such as Bullion Direct and Monex are seeing an […]

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Bullion Direct, Gold, Gold Prices,

Gold ‘Safe Haven’ Status Fading as Prices Drop

December 20, 2011 James Heinsman Hedge Fund News

The price of gold has fallen more than 17% since its all-time high in September, as hedge funds are forced to sell the metal and the strengthening dollar lowers its ‘safe haven’ status. Some experts in the field even say it may fall as far as $1,000 an ounce. “Gold was a safe haven, a […]

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Gold Prices, Hedge Funds, Michael Murphy, Precious Metals, Rosecliff Capital,