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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//fundamental/analysis-reports/gold-investments-market-update/index.xml"><channel><title>Gold Investments Market Update</title><description /><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/</link><image><title>Fundamental Analysis</title><link>http://www.fxstreet.com/fundamental/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>GoldCore Update: Gold and Silver Set For Parabolic Move Like 1970s?</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-20.html</link><description>Gold Gold was unchanged yesterday and remained near record nominal highs as equities fell and the dollar staged a moderate rally. Gold appears to be attempting to consolidate at these higher levels and the unchanged close will encourage the bulls and support is now at $1,130/oz. Gold has moved back up to $1,144.70/oz and remains near record nominal highs in euro and sterling - €770/oz and £690/oz. It is interesting to note that while government mints are working flat out to provide investors</description><pubDate>Fri, 20 Nov 2009 11:10:25 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-20.html</guid></item><item><title>GoldCore Update: Gold Back Near Record Nominal Highs in EUR and GBP</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-19.html</link><description>Gold Gold reached new record nominal highs in dollars yesterday and reached $1,146/oz overnight and has since pulled back slightly. Gold is currently trading at $1,136/oz. In EUR and GBP terms it is trading at €764/oz and £680/oz respectively. The poor housing data from the US and President Obama’s warning regarding the surging US public debt led to falls in equities, bonds and the dollar yesterday as gold reached new record nominal highs at over $1,150/oz. Importantly and significantly, gold</description><pubDate>Thu, 19 Nov 2009 12:03:22 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-19.html</guid></item><item><title>GoldCore Update: Gold's New Record Nominal High - Yet Most of Investing Public and Media Remain Uninformed and Negative</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-18.html</link><description>Gold Gold reached a new record nominal high again this morning at $1,148/oz and is currently trading at $1,146/oz. In EUR and GBP terms gold has risen to €767/oz and £680/oz respectively. Gold continues to climb a wall of worry with many analysts bearish and much of the public remaining on the sidelines due to misplaced fears that gold is another asset bubble. These fears are understandable given investors’ painful experience of the bursting of the real estate and equity bubbles, but&amp;nbsp; the</description><pubDate>Wed, 18 Nov 2009 13:26:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-18.html</guid></item><item><title>GoldCore Update: Gold to Target $1,200/oz by Year End on Central Bank Diversification?</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-17.html</link><description>Gold Gold touched an all time high again yesterday at $1,141/oz, closing 2% higher on last Friday’s close. Gold is currently trading at $1,132/oz and is higher again in euro and GBP terms - trading at €761/oz and £673/oz respectively. Gold has fallen somewhat today in dollar terms with the dollar having rebounded somewhat. While US wholesale prices were reasonably tame - up 0.3% in October, the mortgage data showed that mortgage delinquencies hit another record in the third quarter, and this</description><pubDate>Tue, 17 Nov 2009 15:51:32 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-17.html</guid></item><item><title>GoldCore Update: Central Banks to Be Net Buyers: Risk Rises - Gold Rises</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-16.v02.html</link><description>Gold has made a determined break to the upside this morning trading as high as $1,133/oz.&amp;nbsp; In the last 52 weeks gold has now risen 52.13% in dollar terms and 31% in euro terms. Investors are continuing to seek safety from an uncertain dollar, potentially medium term inflation and near term deflation. Respected fund manager Blackrock has also added fuel to the markets with its view that Central banks will become net buyers of gold this year.&amp;nbsp; India’s resent purchase of a portion of</description><pubDate>Mon, 16 Nov 2009 12:02:19 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-16.v02.html</guid></item><item><title>GoldCore Update: Vietnam Gets the Gold Bug</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-13.html</link><description>Gold Gold pulled back from its record nominal high of $1,123/oz yesterday, as a stronger dollar initiated a bout of profit taking. It is currently trading at $1,108/oz. In the short term, a first stop for support should be sought at $1,098/oz and a resistance of $1119/oz. In the longer term, the news that Vietnam has lifted its ban on gold imports will add fresh impetus and demand into a historically pro-gold region. Even with this bout of profit taking, a volatile dollar combined with the</description><pubDate>Fri, 13 Nov 2009 17:02:17 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-13.html</guid></item><item><title>GoldCore Update: Gold Consolidates at $1,100 as UK Credit Rating Under Review</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-10.html</link><description>Gold Gold is currently trading at $1,102/oz. In EUR and GBP terms gold is trading at €735/oz and £661/oz respectively. Sterling lost ground against the dollar yesterday on news that Fitch Ratings, a rating agency, reported that the UK would be the most likely country to lose its AAA credit rating. If this were to happen, sterling would lose further ground to the major currencies, prompting prudent investors to buy gold and utilise its currency hedging properties. After 4 strong days for gold,</description><pubDate>Tue, 10 Nov 2009 13:31:19 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-10.html</guid></item><item><title>GoldCore Update: Gold at $1,100 - Dollar Demise, Quantitative Easing, Inflation Pressures, Take Your Pick!</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-09.html</link><description>Gold Gold has experienced yet another strong opening this morning and ventures deeper into unchartered territory. Currently trading at $1,109/oz - $14 higher than its closing last Friday - at this price gold sets a new all time high in USD terms. In EUR and GBP terms gold is trading at €739/oz and £658/oz respectively. Gold’s move higher is indicative of continuing and deep routed concerns over the future of the dollar as the world’s reserve currency. World dollar holders from Asian Central</description><pubDate>Mon, 09 Nov 2009 14:13:14 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-09.html</guid></item><item><title>GoldCore Update: US Interest Rates to Remain Exremely Low for an Extended Period of Time</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-05.html</link><description>Gold Gold dipped slightly overnight but found support at $1,084/oz in the early hours of this morning. It has since recovered and is currently trading at $1,090 /oz. In EUR and GBP terms gold is trading at €735/oz and £659/oz respectively. The US Federal Reserve has signaled that a return to higher interest rates will not be based solely on economic recovery, but dependant also on an increase in inflation and a recovery in the employment market. They remain committed to keeping interest rates</description><pubDate>Thu, 05 Nov 2009 14:02:25 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-05.html</guid></item><item><title>GoldCore Update: Gold's New Record Price Over $1,093/oz - $1,200/oz By Year End?</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-04.html</link><description>Gold Gold rose to new record highs yesterday and again this morning above $1,093/oz in what appears to have been continuing reaction to the news that Indian central bank had bought 200 tonnes of gold from the IMF . Gold has also surged in euro and pound terms. The new record high price and the price at these levels&amp;nbsp; is not extreme given that the India central bank buying shows that there is a huge appetite for gold around these price levels as the average price paid for the 200 tonnes</description><pubDate>Wed, 04 Nov 2009 13:10:10 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-04.html</guid></item><item><title>Silver Set To Soar As It Did In The 1970s</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-04.v02.html</link><description>Silver remains very undervalued on a historical basis (charts below) and is undervalued even against gold (chart below). While gold has begun to receive some interest from a small minority of retail investors, silver remains the preserve of relatively few contrarian investors and the media and financial press rarely, if ever, covers silver. And yet silver is quite likely in the intermediate stage of a bull market that will rival or surpass that of the 1970s. Silver is currently worth less than</description><pubDate>Wed, 04 Nov 2009 13:16:37 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-04.v02.html</guid></item><item><title>GoldCore Update: ECB Sees Gold as Important Asset and India Buys 403 Tonnes of IMF Gold</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-03.html</link><description>Gold Gold is continuing its strong upward run and is currently trading at $1.061.40/oz. In EUR and GBP&amp;nbsp;terms, gold has risen again and is trading at €720/oz and £650/oz respectively. The majority of participants at the LBMA Precious Metals Conference in Edinburgh were bullish for gold’s outlook going forward. The chairman of the London Bullion Market Association, Kevin Crisp, said that the environment for gold prices is set to stay positive as concerns over the stability of other markets</description><pubDate>Tue, 03 Nov 2009 13:48:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-03.html</guid></item><item><title>GoldCore Update: G20 Finance Ministers Meeting and LBMA Precious Metals Conference in Scotland </title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-02.html</link><description>Gold Gold has experienced a strong opening this morning and is currently trading at $1.052/oz, $8 higher than its close on Friday. In EUR and GBP terms, gold has risen and is trading at €712/oz and £643/oz respectively. Gold fell 1.4% last week but rose nearly 4% in the month of October which is traditionally a poor month for gold (unlike the seasonally stronger months of November and December). Gold looks set to make gains this week on growing concerns about the health of the US economic</description><pubDate>Mon, 02 Nov 2009 15:10:58 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-11-02.html</guid></item><item><title>GoldCore Update: Tudor Jones Joins Soros, Rogers, Einhorn and Paulson as Long Term Gold Bull </title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-30.html</link><description>Gold Gold is trading at $1.043/oz and traded in a $22 range over the last 24 hours, hitting a low of $1,026/oz yesterday morning. Gold then rallied strongly and closed at $1,046.40/oz and has maintained yesterday’s gains in Asian and European trading. Some of the short term frothy excess has been removed from the market and the selloff has seen physical buyers in India return to buying for the wedding season. The medium to long term fundamentals remain favourable and the news that influential</description><pubDate>Fri, 30 Oct 2009 12:00:17 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-30.html</guid></item><item><title>GoldCore Update: Gold Entering Traditionally Strong Period of November and December</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-29.html</link><description>Gold Gold is trading at $1.033/oz and touched $1,026/oz in overnight trading. Gold fell again yesterday and continues to consolidate above the $1,000 level. Further price falls are quite possible in the short term as gold works off its short term overbought state. However, the primary driver of gold prices in recent months has been investment demand (especially institutional, hedge fund and central bank) and this demand is not going to disappear anytime soon – especially with increasing</description><pubDate>Thu, 29 Oct 2009 16:06:32 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-29.html</guid></item><item><title>GoldCore Update: Record Amount of US Debt Ever Sold in One Week ($153B)</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-28.html</link><description>Gold Gold closed trading at $1,037.20/oz. In euro and GBP terms gold is trading at €700/oz and £634/oz. Gold’s short term frothiness after sharp gains has led to profit taking and an expected correction back down to previous resistance at the $1,030/oz level. Concerns regarding the sustainability of the recent recovery are increasing after yesterday’s poor consumer confidence number (and last week’s poor jobs and housing data). Concerns about the health of the US consumer and wider US economy</description><pubDate>Wed, 28 Oct 2009 11:03:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-28.html</guid></item><item><title>GoldCore Update: USD Wobbles on Chinese Currency Diversification Concerns</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-27.html</link><description>Gold Gold closed trading at $1,039.80/oz In euro and GBP terms gold is trading at €699/oz and £635/oz. Support for Gold is currently seen at $1,030/oz and resistance at $1,053/oz. Gold fell yesterday as oil prices and equities came under pressure and the dollar rose. The dollar has fallen marginally today after the People's Bank of China said that while the dollar may remain dominant, the share of the euro and the yen should increase in its foreign exchange reserves. Diversification of China's</description><pubDate>Tue, 27 Oct 2009 12:57:19 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-27.html</guid></item><item><title>GoldCore Update: Enter the Dragon - Chinese Citizens Significantly Increasing Gold and Silver Ownership</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-23.html</link><description>Gold Gold closed Friday night trading at $1,058.70/oz. In euro and GBP terms gold is trading at €704.55/oz and £642/oz. Gold looks set for its fourth week of gains (if it can remain above $1,053/oz) and this would be bullish technically. While fears about the Chinese economy may have led to some profit taking in gold yesterday, the news that China is now a net importer of gold and looks set to be a net importer for the foreseeable future is very favourable to gold’s medium and long term</description><pubDate>Fri, 23 Oct 2009 11:27:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-23.html</guid></item><item><title>GoldCore Update: Concerns About Disorderly Monetary and Economic Crisis Increasing</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-22.html</link><description>Gold Gold is currently trading at $1,054.60/oz. In euro and GBP terms, gold is trading at €704.60/oz and £637/oz. Support for gold is currently seen at $1,043/oz and resistance at $1,070/oz. Cheap money and the massive international liquidity injection has again risen all boats but the question is whether the gains seen in nearly all asset classes are sustainable. Elevated gold prices suggest that smart money internationally is concerned about the long term implications of current loose fiscal</description><pubDate>Thu, 22 Oct 2009 13:46:04 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-22.html</guid></item><item><title>GoldCore Update: Niall Ferguson: "Dollar is Doomed; US Empire is Finished"</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-21.html</link><description>Gold Gold is trading at $1.056/oz this morning and traded in a very tight range overnight. In EUR and GBP terms, gold is trading at €707/oz and £638/oz respectively. With oil and the dollar trading near their respective recent highs and recent lows, gold continues to be well supported. It appears to be consolidating after its recent break out above previous resistance around $1,030/oz. Gold was up yesterday despite weakness seen in equity markets in the US and this equity weakness has</description><pubDate>Wed, 21 Oct 2009 12:15:00 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-21.html</guid></item><item><title>GoldCore Update - Gold's Real Inflation Adjusted High at $7,150/oz</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-20.html</link><description>Gold Gold is trading at $1.063/oz this morning and traded between $1,048/oz and $1,066/oz over the last 24 hrs. In EUR and GBP terms, gold is trading at €710/oz and £648/oz respectively. Gold continues to gradually eke out gains and consolidate at near record levels on continuing oil strength and dollar weakness. Buying of physical remains robust on all price dips and this bodes well for further record highs in the short term. Most analysts have been wrong and bearish on gold in recent weeks,</description><pubDate>Tue, 20 Oct 2009 10:31:31 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-20.html</guid></item><item><title>GoldCore Update - Gold Supported by Oil at Yearly High and USD Near Record Lows</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-19.html</link><description>Gold Gold is currently trading at $1,055.60/oz. With oil reaching a new high for the year above $79 a barrel, and the Federal Reserve signaling interest rates will stay near record lows for the foreseeable future, the beleaguered greenback fell to a 14-month low on the dollar index. The poor jobs number on Friday left lingering doubts regarding the sustainability of the recovery and this also supported gold. Gold had another higher weekly close last week which is important from a technical</description><pubDate>Mon, 19 Oct 2009 09:55:40 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-19.html</guid></item><item><title>GoldCore Update - Gold Versus Global Foreign Exchange Reserves (1980: $0.5 Trillion; 2009 $7 Trillion)</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-16.html</link><description>Gold Gold is currently trading at $1,048.10/oz. In euro and GBP terms gold is trading at €703/oz and £640/oz. Support for gold is currently seen at $1,034/oz and resistance is at $1,054/oz. Gold took a much needed breather yesterday and fell some 1%. The correction was much expected as gold had become overbought in the short term and profit taking, correction and consolidation is the natural order of things. Given the extent of the move up in the last three weeks ($70 or some 7% in 3 weeks),</description><pubDate>Fri, 16 Oct 2009 12:15:00 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-16.html</guid></item><item><title>GoldCore Update - Gold's Bull Market Due to Supply &amp; Demand Economics</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-15.html</link><description>Gold Gold is trading at $1.056.50/oz. In EUR and GBP terms, gold is trading at €706.82/oz and £655.25/oz respectively.&amp;nbsp; Resistance currently lies at $1,064.10/oz and $1,070/oz with initial support at $1,048.60/oz and then $1,040.70/oz. There continue to be very strong fundamentals driving the gold market. These fundamentals are driven by basic economics. There is a small finite supply of gold; while there is a very large and growing very significantly supply of government bonds as</description><pubDate>Thu, 15 Oct 2009 10:49:05 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-15.html</guid></item><item><title>GoldCore Update - Gold New Record Highs; USD Record Lows Again?</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-14.html</link><description>Gold Gold has traded at new nominal record highs (over $1,070/oz) and is currently trading at $1.066/oz. In EUR and GBP terms, gold is trading at €715/oz and £665.90/oz respectively.&amp;nbsp; Resistance currently lies at $1,070/oz with initial support at $1,050/oz and then at $1,040/oz. With oil back above $75 per barrel and at a 1 year high, and the dollar again under pressure today, gold continues to eke out gains. Gold’s record comes as the dollar (as measured on the US Dollar Index) has</description><pubDate>Wed, 14 Oct 2009 12:10:47 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-14.html</guid></item><item><title>Gold at New Record Nominal Highs at $1,064/oz</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-13.html</link><description>Gold Gold has surged to new record nominal highs above $1.064/oz in trading
in Europe this morning. With the US Holiday yesterday gold traded in a
$10 range on Monday. In euro and GBP terms, gold is trading at €719/oz
and £675.86/oz respectively. Concerns regarding the dollar and rising
oil prices seem to be the impetus for gold’s new record highs today.
While the large COMEX positions may suggest a correction is likely, it
is important to note that open interest levels remain well below</description><pubDate>Tue, 13 Oct 2009 10:34:37 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-13.html</guid></item><item><title>GoldCore Precious Metals Update - Uncertainty For Dollar, Euro and Sterling Leading to Higher Gold Prices in All Currencies</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-12.html</link><description>Gold Gold closed Friday night trading at $1,048/oz and is currently trading $3 higher at $1,051/oz. In euro and GBP terms, gold is trading at €713/oz and £666/oz and has risen sharply in these currencies in recent days. Support for gold is currently seen at $1,040/oz and resistance at $1,062/oz. The record weekly close was bullish from a technical perspective but gold may need a correction and consolidation prior to challenging the next psychological level of $1,100/oz. Contrary to the&amp;nbsp;</description><pubDate>Mon, 12 Oct 2009 10:27:22 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-12.html</guid></item><item><title>GoldCore Precious Metals Update - Gold New Record High at $1,058/oz but Remains Less than Half its Real Price of 30 Years Ago</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-08.html</link><description>Gold Gold continues to push higher and took out resistance of $1,050/oz yesterday and moved toward $1,060/oz before retreating slightly. With investors continuing to allocate funds into the gold market, the next target is likely to be an assault on the psychological $1,100/oz level. Increasing concerns of a double dip recession and of the outlook for major currencies is leading to continuing robust investment demand (significant gold ETF demand in recent days). A period of profit taking and</description><pubDate>Thu, 08 Oct 2009 10:27:53 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-08.html</guid></item><item><title>GoldCore Precious Metals Update - Gold Surges to New Record Nominal Highs at $1,048/oz</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-07.html</link><description>Gold As the dollar came under increasing pressure yesterday, gold surged to fresh highs, breaking through two levels of resistance ($1,020/oz and $1,033/oz) and is currently trading at $1,047/oz. As we have seen in the recent past, such huge upward moves in the gold price usually precipitate a bout of profit taking. With no resistance now facing gold, resistance will come from the psychological levels of $1,050/oz and $1,100/oz. However, the anticipated profit taking may not materialise and</description><pubDate>Wed, 07 Oct 2009 11:06:32 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-07.html</guid></item><item><title>GoldCore Precious Metals Update - Threat to Petrodollar Sees Gold Surge to Near Record Highs</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-06.html</link><description>Gold The dollar came under sustained pressure as the Independent of London’s Robert Fisk broke a story stating that a group of Arab countries, Russia, France, Japan and China and others were in secret discussions to use a basket of currencies and gold to replace the dollar in order to trade oil. Although some officials have denied this report, the fact that it is mentioned at all raises the question as to how much longer the dollar will remain the global reserve currency. According to Chinese</description><pubDate>Tue, 06 Oct 2009 11:18:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-06.html</guid></item><item><title>GoldCore Precious Metals Update - Poor US Jobs Report Leads to Renewed Risk Aversion</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-05.html</link><description>Gold Gold surged back through $1,000/oz on Friday, as the dollar weakened&amp;nbsp; based on poor US non-farm payroll data. It is holding above that level and a continued hold above $1,000/oz should signal that gold has strong fundamentals&amp;nbsp; despite its recent behaviour being influenced by short term dollar fluctuations. The poor US jobs report on Friday has led to falling stock markets in Asia and a tentative start in Europe. Concerns regarding a second economic downturn will likely lead to</description><pubDate>Mon, 05 Oct 2009 09:46:19 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-05.html</guid></item><item><title>GoldCore Precious Metals Update - Gold's Record Monthly Close Is Significant from a Technical Perspective </title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-02.html</link><description>Gold Gold is down slightly this morning but still continuing to knock on the door and consolidating near the psychological $1,000/oz mark. The gold market will probably be relatively quiet until the release of US non- farm payroll data this afternoon. Depending on the figures, which are expected to be quite poor, an aversion to risk should further bolster gold's appeal. Gold's record monthly close (COMEX close at $1,008/oz) was significant from a technical perspective and will embolden the</description><pubDate>Fri, 02 Oct 2009 09:41:58 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-10-02.html</guid></item><item><title>GoldCore Precious Metals Update - Gold Well Supported in Mid to High $900/oz Region</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-30.html</link><description>Gold Gold is currently trading at $1,001.80/oz and has bounced from a low of $991/oz and continues to follow currency movements. This week is the first week of the new Central Banks Gold Agreement, which caps gold sales from official reserves. The third CBGA pact, which will run until September 2014, will limit gold sales to 400 tonnes a year, down from 500 tonnes from 2004-2009 pact. Western central banks are increasingly reluctant to deplete their gold reserves and with central banks</description><pubDate>Wed, 30 Sep 2009 11:56:06 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-30.html</guid></item><item><title>GoldCore Precious Metals Update - Gold To Consolidate Above Support at $985/oz?</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-29.html</link><description>Gold US stocks rallied yesterday and the gold price soon recovered after initial falls, and resolutely stayed around the $990/oz level. The erratic nature of the dollar, at the moment, means that gold may still have its direction dictated by dollar volatility and traders may exploit this and push the limits of gold support in the short term, looking for favourable entry points. If gold continues to hold above $990/oz it will show that gold has the maturity to de-couple itself from short term</description><pubDate>Tue, 29 Sep 2009 12:34:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-29.html</guid></item><item><title>GoldCore Precious Metals Update - Gold Falls as Markets Ignore Iranian Geopolitical Threat</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-28.html</link><description>Gold A stronger dollar and a bout of profit taking saw gold slip back to the low $980s per ounce in early morning trading. It is currently trading at $989/oz and if it fails to pull itself above $990/oz, it may correct back further to $970/oz before support is found. Increasing tensions with Iran have not created a geopolitical safe haven bid but these tensions merit watching. The World Bank has warned that the dollar's place as global reserve currency cannot be taken for granted but this has</description><pubDate>Mon, 28 Sep 2009 10:06:38 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-28.html</guid></item><item><title>GoldCore Precious Metals Update - China Voices Dollar Concerns at G20 Summit in Pittsburgh</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-25.html</link><description /><pubDate>Fri, 25 Sep 2009 12:04:00 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-25.html</guid></item><item><title>Today is the 140 Year Anniversary of Black Friday 1869 and the Gold 'Crash' </title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-24.v02.html</link><description>Today is the 140 Year Anniversary of the original Black Friday on September 24th, 1869. Since then the word 'Black' has been used to describe any day that the stock market, currencies or financial markets have crashed. There have been many, many such crashes but the one that birthed the term happened on this day 140 years ago. This financial crisis is one of the many to have challenged humanity throughout history. It came about when the Union government started printing non gold backed dollar</description><pubDate>Thu, 24 Sep 2009 13:55:53 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-24.v02.html</guid></item><item><title>GoldCore Precious Metals Update - Gold Supported by Federal Reserve's "Exceptionally Low" Interest Rates for "Extended Period"</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-24.html</link><description>Gold Gold touched $1,015/oz this morning before retreating to $1,002/oz and then rebounded back to that figure again. Gold needs to re-test recent highs above $1,020/oz to plough its own furrow rather than taking its direction from the vagaries of dollars fortunes. The Federal Reserve left its target rate for overnight loans between banks in a record-low range between zero and 0.25 percent, and said it will stay "exceptionally low" for an "extended period." This means that the opportunity cost</description><pubDate>Thu, 24 Sep 2009 10:44:46 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-24.html</guid></item><item><title>GoldCore Precious Metals Update - Silver Remains a Contrarian's Dream With Negative or No Media Coverage and No Public Involvement</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-23.html</link><description>Gold The dollar fell sharply against most currencies yesterday and gold was strong in all currencies and held above $1,015/oz for most of the day. Both the London AM and PM fixes were higher from the day both in euro and pound terms (21-Sep-09 AM $999.25,£618.233, €681.756, PM $997.00,£616.307, €680.871 and 22-Sep-09 AM $1015.75,£622.396, €686.550 PM $1,014.00,£620.639, €686.109 - http://www.lbma.org.uk/?area=stats&amp;amp;page=gold/2009dailygold ). Thus, while the pound and dollar have fallen</description><pubDate>Wed, 23 Sep 2009 10:05:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-23.html</guid></item><item><title>GoldCore Precious Metals Update - Gold to Remain Strong on Global Inflation and Stagflation Risk</title><link>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-22.html</link><description>Gold Gold pulled back slightly yesterday on profit taking and a firmer dollar. However, gold stubbornly refused to budge from the $1,000/oz price level and pushed back through that level last night as the dollar fell again. Gold's fundamentals remain very sound and yet most analysts remain bearish and much of the media has greeted gold's near record highs with tremendous scepticism. These are classic signs of a long term secular bull market as gold continues to climb the "wall of worry". The</description><pubDate>Tue, 22 Sep 2009 09:01:53 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/analysis-reports/">http://www.fxstreet.com/fundamental/analysis-reports/</category><author>info@goldcore.com (GoldCore)</author><guid>http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2009-09-22.html</guid></item></channel></rss>