The Gold Economy

The month of August was good for gold as it again proved its worth as a safe haven for assets with its strong price appreciation in the face of unsettled global equity markets propelled by concerns about the health of the economy of the United States and the world in general and the burden of debt in Europe.

Gold gained $201 in August which translates to 12 per cent upward performance for the precious metal in the month under review. December gold gained $1.90 on the last day of the month to trade at $1,831.70 on… Continue reading

Gold recedes on Thursday unexpectedly for the first time in three days after the performance data of the United States manufacturing sector, the ISM, proves better than the common expectations of many analysts and stocks were lifted up in response to the glad tidings.

Gold had posted a dramatic appreciation in price and its strongest gain in the month of August on the hill of speculations that the Federal Reserve would mint more money to ease the economy which had almost slipped into recession and which could have fuelled more inflation and a further loss of… Continue reading

NS Gold TM is a first ever gold-based automotive emissions control catalytic converter invented by Nanostellar Incorporated. This gold-based automotive catalyst is now being commercially produced by four biggest diesel car manufacturers based in Europe for the benefit of the environment and the automotive industry.

The World Gold Council is reported to have provided a further financial investment which Nanostellar Incorporated; the developer of the gold-based device requires for improving the accelerated wider acceptance of the emissions controlled catalytic device.

This device has been confirmed to provide up to a significant 30 per cent emission… Continue reading