Archive for May, 2010
2010 First Quarter Gold Demand
The World Gold Council has released Gold Demand Trends for the First Quarter of 2010. The report indicates a drop in gold demand for the covered period, but suggests that demand will be strong for the rest of the year. Identifiable gold demand during the first quarter of 2010 was 760.2 tonnes, representing
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Demand for Physical Gold Surging
There have been numerous recent reports about the surging demand for physical gold. It has been mostly concentrated in Europe, but there have also been signs of new waves of demand hitting the U.S. This is a big shift from earlier this year. For the first two months of 2010, the Austrian Mint had reported
2010 Proof Gold Buffalo and 2010 Fractional Gold Eagles
Closely behind the release of the 2010 Gold Buffalo bullion coins, the United States Mint has two more gold products on the way. This includes the collectible proof version of the Gold Buffalo and
Price of Gold at All Time High
The price of gold reached an all time high in US Dollar terms in late electronic trading yesterday. Gold has continued higher this morning and is currently trading at $1,239 per ounce. The previous all time high for gold was $1,226.10, reached in December 2009. Gold had finished 2009 with a price of
