Recent News and Articles on the Keywords: investors bought + gold gained + gold Related to the article below (Last Update: 7/8/2008)
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Market Anticipations of Government Policies and the Price of Gold - SW Salant, DW Henderson - The Journal of Political Economy, 1978 - JSTOR ... deter- mine how much gold is bought by jewelry ... the very large gold holdings of investors
and central ... expected discounted capital gain from owning gold would be ...
Paper money but a gold debt: Italy on the gold standard - G Tattara - Explorations in Economic History, 2003 - Elsevier ... Of course, a savvy Italian investor would collect ... Many unsophisticated, often low
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… systems: international and domestic factors in the rise, reign, and demise of the classical gold … - JA Frieden - The Gold Standard in Theory and History, 1997 - books.google.com ... Hayes and Sherman had traded for or bought enough votes ... Kingdom so dominated world
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The Gold Standard And The Balance Of Payments RG Hawtrey - The Economic Journal, 1926 - JSTOR ... are not in general directly bought by the ... The investor provides funds by restricting
his own con ... include, besides the migration of investment securities, the ...
[BOOK] A New Pot of Gold: Hollywood Under the Electronic Rainbow, 1980-1989 S Prince - 2002 - books.google.com ... 1994, Sumner Redstone's Viacom bought Paramount Communications ... Warren Buffet, an investor who helped broker ... The industry's continued investment in traditional ...
5 Spain during the classical gold standard years, 1880-1 91 4 P MARTlN-ACENA - Monetary Regimes in Transition, 1993 - books.google.com ... The Bank of Spain also bought up important quantities ... 83, was perceived and interpreted
by investors as an ...gold, and to lower this rate when it gainedgold. ...
[CITATION] Hedging Policies of the South African Gold Mining Industry RM GIDLOW - South African Journal of Economics, 1983 - Blackwell Synergy ... When the investment matures the bank buys back the necessary ... $450 an ounce and it
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Gold Gains in London on Reports North Korea May Test Long-Range Missile
June 20 (Bloomberg) -- Gold gained as investors bought the metal as a haven following reports North Korea may be preparing to test a long-range ballistic missile.
The missile may eventually have the capacity to strike the U.S., the New York Times said yesterday, citing former National Security Council aide Gary Samore. Gold typically rises in times of heightened geopolitical tension with conflict over Iran's nuclear program pushing bullion to a 26-year high last month.
The news from North Korea is ``one factor pushing up gold this morning,'' said Wolfgang Wrzesniok-Rossbach, head of metals trading at Heraeus Holding in Hanau, Germany. A weaker dollar and higher oil prices were also giving gold a lift, as investors bought bullion as an alternative investment, he added.
Gold for immediate delivery in London rose $3.71, or 0.7 percent, to $568.96 an ounce at 9:55 a.m. local time after earlier climbing as much as 1.3 percent. The precious metal has dropped 22 percent from a record $730.40 on May 12.
Gold surged 5.3 percent in Sept. 11, 2001, when terrorists attacked the U.S.
Gold also gained today after the dollar had its biggest decline against the yen in two weeks, making the precious metals cheaper for Japanese buyers.
The yen rose against the dollar after Bank of Japan Governor Toshihiko Fukui said the central bank needs to adjust interest rates from near zero percent ``without delay.'' Some investors buy gold to hedge against the erosion of dollar-denominated assets.
The yen climbed to 114.79 against the dollar at 9:25 a.m. in London, from 115.54 in late New York yesterday.
Among other metals for immediate delivery in London, silver rose 13 cents, or 1.4 percent, to $10.07 an ounce. Platinum gained $18.50, or 1.6 percent, to $1,158 an ounce while palladium climbed $3, or 1 percent, to $295 an ounce.
