Physical Gold Buyers Say Fix Is Vital

Three Reasons To Buy Gold Now

25, 2014 8:27 a.m. ET LONDONThe London gold benchmark is vital to Grant Phillips's business. In workshops behind a highly secure store front in London's jewelry district, the firm that Mr. Phillips manages, Refined Precious Metals, melts gold scrap and sells it on to refiners. The price of gold on financial markets is constantly fluctuating. Mr.

Kinross Gold Upgraded by Canaccord Genuity to Buy (K)

2,737,212 shares of the companys stock traded hands. Kinross Gold has a 1-year low of $4.50 and a 1-year high of $8.35. The stocks 50-day moving average is $5.2 and its 200-day moving average is $5.24. Other equities research analysts have also recently issued reports about the stock. Analysts at Mackie downgraded shares of Kinross Gold to a hold rating in a research note on Tuesday, February 18th. Separately, analysts at Dundee Securities reiterated a buy rating on shares of Kinross Gold in a research note on Tuesday, January 21st.

CFDs: Gold price edge higher as disappointing US data triggers safe-haven buying

3. Value: If you are a contrarian investor or a value investor, you will note from your stock filters that mining companies are almost exclusively the stocks that pop up when you look for deep value in the market. Stocks in general have had such a good run over the last years that it is starting to get hard to find value. It is not hard to find mining stocks that have lost much of their value, however, and it is not hard to see why with the commodity boom well and truly over. Rather than acknowledge that commodities and their miners are righteously in the dog house, now is the time to go looking for value. Thats not to say you should buy into it, but understanding which companies will be the survivors now will enable you to pick the winners when the cycle turns again and some of these companies make a recovery.

When do you see buying gold again?

Thats online a hedge against inflation. Inflation will come but we dont know when. Thats problem. It will happen in the next five years, thats what I reckon. As signs of inflation picks up I might raise that weight to eight per cent to 10 per cent. CESAR PEREZ, the chief investment strategist, EMEA, JP Morgan Private Bank: If you think long term, I dont think it will be lower than $1,100 to $1,150 because that is the marginal cost of production.

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