Buying opportunity? Gold – overcoming fear of rand strength
For David Melvill, gold is currently offering investors an opportunity, but as he himself admits, anything can happen in the short-term.
For David Melvill, gold is currently offering investors an opportunity, but as he himself admits, anything can happen in the short-term.
Lawrie Williams meets up with Biznews.com’s Alec Hogg in a London apartment to talk about gold, mining and how to play the bullion wave.
Gold prices climbed to the highest level in more than two years in June as investors absorbed the implications of the UK referendum result.
David Chapman looks at the Indian love affair with the yellow metal, which causes economic dislocations. And in Rupee valuation, gold has never experienced a bear market.
Top financial advisor David Melvill is crunching numbers again, and this time he’s comparing the returns of Gold Fields and Sibanye Gold.
Canada, bucking an international trend that has seen central banks become net buyers of gold since 2010, has sold off all its official gold holdings.
Gold has traditionally been the safe haven asset and here it once again receives the unintentional benefits from a time of crisis.
Gold producers must revolutionize their mining methods, become more tech-savvy and increase the use of automated machinery, says Gold Fields CEO Nick Holland.
Gold is starting to shed its reputation as a dead asset, and bulls can thank signs the US economy is starting to sputter for the boost.
Goldplat was hit hard a year ago when the Rand Refinery in Johannesburg was unable to take up a significant element of it’s gold bearing ash output for refining.