update 15 June

Gold price Daily average NZD(blue) vs USD(green)


South Africa's gold output drops 13%

Strong gold price augurs well for some juniors

Update 12 June

Gold price Daily USD(green) vs NZD(Blue)

NZDUSD weekly average


Bloomberg: Bondholders Face Losses From Commercial Mortgages

Long-term US unemployment woes increasing the rate of prime mortgage foreclosures

Interesting news - and a reminder to always declare everything at Customs.....
Two Japanese citizens caught carrying US$134 Billion of undeclared US bonds trying to enter Switzerland

Some interesting reading - Rozanna Wozniak ( NZ economist )has written a paper for the World Gold council - http://www.research.gold.org/research/ regarding investing in Gold for retirement ( with a UK bent)
This site is very informative, with lots of information updated regularly. Highly recommended (requires registration (free))

update 11 June

Gold price USD(green) vs NZD(Blue)


NZD after the OCR was announced this morning


Russia, Brazil Will Buy $20 Billion IMF Bonds, Diversify Currency Reserves

Gold May Be ‘Best Investment' - Bloomberg

Update 9 June

Local investment News:
Investors risk losing $20m on Albany project

ING fund investors must make their own call

Blue Chip rides again after action fails

Overseas:
US Mint Sells $948 Million in Bullion Coins

Bloomberg on the current volatility in the market

Reuters overnight review

Update 05 June

Quarterly gold price (average) in USD(green) and NZD(blue)

Gold price Daily in USD (Green) and NZD (Blue)


Bill English thinks the rising share prices may be another "bubble"

Gold price in USD up USD$20 again overnight

Reuters overnight update
Did U.S. Export Over 175 Million Ounces of Gold?

Update 04 June

The Gold price in USD$ dropped over night, however this has been mitigated by the NZD$ drop against the USD$ - showing how the the movements are currently aiding in exchange rate hedging for Kiwis.


Capital Gains tax on property in NZ?

Keynote speeches from the World Mining Investment Congress

Glen Beck from Fox news with a chart showing the increase of USD$ in the market over the last 100 years.

Update 02 June

The Kiwi dollar is climbing higher again, on the weaker US$, helping push the gold price higher, and making it cheaper to buy in NZD$ ( offsetting the exchange risk)

The gold price price cam back last night due to a renewed interest in stocks (despite the announcement of GM going into bankruptcy.)

The Expectation of Gold breaking the USD$1000 barrier again this summer is high -

thestreet.com video

Reuters update

Gold can still be found in the wild