Similar Stories to Why Buying Gold Is Still A Big Gamble on Bing News

Here are three of the week's top pieces of financial advice, gathered from around the web: Gold: Still a gambleInvestors are once again looking to gold as "insurance against chaos," said Jason Zweig at The Wall Street Journal. The price of gold is up about 20 percent since last July. But investing in it "is still a leap in the dark." I'll admit that the yellow metal has certainly "preserved its purchasing power" over the centuries.

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BING NEWS:
  • Central banks bet big on gold as global uncertainty lingers
    Central banks across the world continued their gold buying spree this year, adding 290 tonnes in the March quarter, even as record high prices hit consumer demand.
    05/4/2024 - 1:31 am | View Link
  • India and China added 60 percent of global central bank gold purchase in March
    The Reserve Bank of India added 5 tons of Gold to its reserves during March The gold reserves of the central banks worldwide reported a net increase in their g ...
    05/3/2024 - 10:28 pm | View Link
  • Big Money Buying Up American Express Shares
    American Express Company (AXP) shares are up 24% on a year-to-date basis. Incredibly, one rare signal helps us understand why.
    05/3/2024 - 4:12 am | View Link
  • While institutions own 16% of Western Copper and Gold Corporation (TSE:WRN), retail investors are its largest shareholders with 56% ownership
    Institutions, on the other hand, account for 16% of the company's stockholders. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease ...
    05/3/2024 - 12:18 am | View Link
  • Gold demand subdued in top-consumers India, China despite price drop
    In China, dealers charged premiums of $18-$20 per ounce over benchmark prices, down from the $20-$35 premiums seen last week.
    05/2/2024 - 11:43 pm | View Link
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