Monthly archive - August, 2007
Russia sells currency reserves to defend ruble
The Central Bank of Russia (CBR) has shown a two-week loss in its gold & forex reserves for the first time this year.
America's credit & the new bid for gold
George W.Bush is going to nationalize US housing. Watch what happens to gold...
30/08/07: Gold market holds its breath on Fed action
The gold market eased yesterday (August 30th), with gold futures for December delivery falling $1.50 as investors refrained from taking bold positions.
Gold jewelery sales remain robust
People around the world continued to buy gold jewelery at increasing rates this year, with demand for the precious metal incredibly reaching $14.5 billion in the second quarter of 2007.




