GOLD STANDARD

  • Gold hits 10month low, attracts bargain buyers April 3, 2013

    Mumbai: Gold extended losses to hit its lowest level in ten months on global cues, attracting bargain hunters in the wedding season. At 2:51 pm, the mostactive gold for June delivery on the Multi Commodity Exchange was 140 rupees lower at 29,465 rupees per 10 grams, after hitting a low of...
  • When the world said goodbye to gold age for good August 25, 2009

    Would you rather live in a world where inflation is near zero and recessions rare? Then go, live in the Nineteenth Century. In the last four decades, the world economy has amassed unprecedented prosperity. Between 1970 and 2008, the gross world product rose 400 percent to $62 trillion. However, this period...