Marko Puustinen

Gold Prices Rally With The Euro, But Are Bullish Factors Wavering?

John Paulson from Paulson & Co. (the biggest investor in SPDR Gold Trust, the largest ETF product backed by bullion) told investors this week that it’s time to buy the metal as protection against inflation caused by government spending. The theory is ... Read >

Global Concerns Affecting Gold Price

Last week gold managed to climb above the $1,750 per ounce mark on the back of the co-ordinated move by central banks to boost liquidity. When the US Federal Reserve allowed central banks to swap their own currencies for US dollars, the dollar fell and g... Read >

Will Gold Prices Continue to Fall or Rally?

After gold prices regained considerable ground and broke the $1800 barrier they have now slumped back to below $1700 following heightened Euro zone concern, a disappointing Spanish bond auction and record breaking yields in Italy, Spain and Belgium. T... Read >

It appears there is more to the gold rally than the US debt ceiling crisis…

The aversion of a US default failed to prick the gold price’s bubble. Despite a deal being made to raise the US debt ceiling, gold rallied to a fresh all time high this morning (3/08/2011) of over $1670. It appears that the gold rally is founded on more t... Read >

Gold is still a safe-haven as a Greek default still seems inevitable.

Concerns about Greek default, and the knock-on effects which could have drastic consequences on global financial markets, have diminished - for now. However it is far too early to completely write off a Greek default which seems inevitable in the long te... Read >

Could we end up with a gold-back monetary system?

The gold price has now stayed above $1500 since late April and is expected to reach $1600 this year and then continue to rise the following year due to growing demand from Asia. Indian demand for gold has been a major source of investment for years but no... Read >

Will the gold market slow down for the summer?

Traditionally the gold market slows down for the summer along with other commodities as the holiday season approaches. Last year was an exception as the European sovereign debt crises hit the market hard in early June. Gold price went to record highs and ... Read >

Japan’s long term affect on the gold price

The recent earthquake in Japan had very little affect on the price of gold, only a relatively small £15 dip took place after the news came out but the price recovered fairly quickly. Compared to stocks, gold held its value very well during the few days wh... Read >

Gold and geopolitical tensions

The last few weeks the situation in Egypt has been dominating the headlines and making the markets even more volatile than normal. The gold price has been moving very rapidly since the uprising started. This shows the important role gold is playing in tra... Read >

Is it too late to buy gold?

Since the beginning of the year the price of gold has been very volatile bouncing between £910 and £870 per ounce without any clear direction or reason for the volatility. This reflects the current market environment quite well as governments are trying t... Read >

Prospects for 2011

The value of gold has increased around 30% this year which is a bit more than central banks and other official bodies expected but they are usually rather modest with their predictions. Most independent analysts have said that the price will be between $1... Read >

Gold demand up 12% from 2009

According to the World Gold Council’ latest ‘Gold Demand Trends publication’, gold demand has increased 12% from 2009 totalling 940 tonnes. The largest gold consumer, the jewellery industry, has accepted the new price levels and demand has increased 9% in... Read >

Ahead of G20

In the next G20 meeting in Seoul starting on 11th November the leading nations will try to find a solution to the global currency policy. Presently most nations are devaluing their currencies to keep up with the falling Dollar. This has pushed the price o... Read >

What Does the FED Decision Mean?

On Wednesday the FED announced that it will release a new round of Quantitative Easing purchasing 600 billion Dollar worth of the U.S Treasuries over the next two quarters. That is 75 billion a month which is pretty much what was expected. The price of go... Read >

Important Week Ahead

The gold price dropped almost $50/oz on Tuesday after China announced that it will lift interest rates in order to prevent its domestic economy from overheating. This automatically pushed the Dollar up and gold down, especially in Dollars. The correction ... Read >