Golden gamble
Article Abstract:
Speculations on investing in gold have fueled the Australian Bureau of Agriculture and Resource Economics to study the future of gold prices. The Bureau argues gold prices are likely to fall steadily over the next five years, to US$237 an ounce by 2005, although other forecasters have predicted an increase due to gold's historical role in the global financial system. Two Australian gold companies, Acacia and Delta, stand out as investment options.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Golden lures
Article Abstract:
Number of reasons cited by experts for gold's price recovery and likely continued upward trajectory, which might bring good profits, but demanding a long-term strategy due to its volatility is presented. Some of the factors that have pushed the Australian dollar price of gold close to its all-time high are uncertainty surrounding the US dollar due America's involvement in Iraq and Afghanistan, demand from investors and speculators.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2006
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Carat juice
Article Abstract:
The big fluctuations in gold's fortunes means investors in traditional gold funds need to keep their exposures relatively small and avoiding focusing on short-term performance. Gold's volatility means gold funds are valuable for providing long-term diversification, not for short-term gains.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
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