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news
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MICHAEL
BLOOMSTEIN
30 Gloucester Road, Brighton, BN1 4AQ
Tel: 01273 608374 Email:
info@bloomsteins.co.uk |
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Gold spike in unstable market |
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- 22
September 2008 |
THE instability of stock markets led to sharp rises
in the price of gold last week as investors took to
buying precious metals as a safe haven from the
financial turmoil seen across the globe.
read more >> |
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Gold reaches 27-year high |
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- 24 September 2007 |
GOLD reached a 27-year high last Friday thanks to
the weakness of the US dollar, fears that it will
continue to drop, and soaring oil prices. Other
factors may include the pending Diwali Festival in
India when it is traditional for people to give
gifts of gold.
read more >> |
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Gold price leaps to six-month high |
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- 26 February 2007 |
Late trading in New York on February 21 saw the
price of gold rocket $23.50 (£16.50) to $680.50
(£482.50) an ounce, its highest close since July 7
last year. The leap followed publication of the US
Department of Labour’s Consumer Price Index (CPI)
report showing inflation had risen faster than
expected in January.
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Platinum proves gilt investment |
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- 27 February 2006 |
Platinum was the talk of the commodities world last
week after mining company Lonmin, the world’s third
largest producer of platinum, was touted as the
target of a possible takeover bid.
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