Monthly archive - July, 2009

Investors see Gold Prices 'reaching $2,000 per oz'

The founder of one of the UK's leading online Gold Bullion dealers suggested yesterday (July 30th) that his customers believe gold could hit $2,000 per ounce, the Daily Mail reports.
News

China: The 800 lb. Gorilla of Commodities

Increasing the money supply invariably leads to inflation—but that's not the only factor driving it.

US hedge fund managers 'turning to Gold Investment'

A prominent hedge fund manager has claimed today (July 30th) that Gold Investment is proving popular in the US over fears about inflation.

Inmet lowers annual gold production target

Inmet Mining Group revealed yesterday (July 28th) that it has slashed its 2009 gold production target after disappointing output in the first half of the year.