Gold Rises To Record $1400/oz On Renewed Inflation Worries

Gold prices rose to an all-time high within a few dollars of $1,400 an ounce on Friday as the U.S. Federal Reserve’s program to resume buying government bonds stoked inflation worries. Read more of this post

Sold! IMF 10 Tonne Gold To Bangladesh

After India and Sri Lanka, Bangladesh has bought 10 tonnes of gold for $403 million from the International Monetary Fund. Read more of this post

Gold Near $1250/oz Second Straight Record

The price of gold continues to hit all-time highs as unnerved investors seek a safe alternative to currencies clobbered by Europe’s financial crisis and growing worries about sovereign debt. Read more of this post

Gold Price Markets Plunge on Alleged Goldman Fraud Investors Selling

The gold price plummeted as news that Goldman Sachs has been charged by the Securities and Exchange Commission with defrauding investors by misstating and omitting crucial facts about a derivative product tied to subprime mortgages sent shockwaves through the markets. Read more of this post

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