The latest movements in gold prices vis-à-vis the US dollar and the purchase of IMF gold by India, followed by Sri Lanka and Mauritius suggest that the yellow metal seems to be making a comeback as a reserve standard. However, this is likely to be a temporary affair and once the global economy regains its balance, the lust for gold is likely to wane off.
T & K Futures and Options Inc. Predicts $2,000 Gold Futures Prices in 2010
Recent large fluctuations in many of the world's major currencies has pushed many investors to purchase physical gold, gold futures, gold options and gold ETFs to shelter themselves from currencies that are becoming worth less and less. This demand may push gold futures prices as high as $2,000 an ounce over the next 12 to 18 months.
H.Samuel Launches Gold Recycling Service to Exchange Unwanted Jewellery for Cash
H.Samuel has launched a cash-for-gold service called Gold Recycling. Consumers can exchange unwanted gold and jewellery for cash at competitive rates with one of the UK's most popular and trusted high street brands
