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gold prices
Hong Kong protests
Hong Kong unrest sends gold investors to seek haven in Singapore
(Aug 19): Escalating political turmoil in Hong Kong is spooking some gold investors.
August 19, 2019
Commodities
Gold's rally to 6-year high spurs people to sell their old Tiffanys and Rolexes
(June 26): Fund managers aren’t the only ones feeling the tailwind from gold’s rally to a six-year high.
June 26, 2019
Commodities
Gold powers to 6-month high as turmoil spurs demand for haven
SINGAPORE (Dec 31): Gold is rallying into the end of 2018 as turmoil in global equities, the partial US government shutdown and concerns about the outlook for next year stoke demand, lifting prices to the highest in six months.
December 26, 2018
US stocks
Buy the dip when market overreacts, says KGI
SINGAPORE (Feb 5): The Dow Jones Industrial Average dropped by about 666 points on Feb 2, a magnitude that was last seen the day after Britain voted to leave the European Union on June 24, 2016.
February 05, 2018
Broker's Calls
ValueMax started at ‘buy’ on future earnings growth, higher interest rate environment
SINGAPORE (Sept 7): KGI Securities has initiated coverage on ValueMax at “buy” with a target price of 39 cents, based on a price-to-book (P/B) ratio of 1.15 times FY17F estimates and in view of robust future earnings growth as well as a lower-for-long
September 07, 2017
Why would anyone invest in gold?
(Aug 28): Gold, gold, who would not like to have some gold? The very word is inextricably tied up with wealth and success: Think gold watches, gold chains and gold bars. We give gold away as dowry. We hoard it in our safes. But is it actually a good inves
September 04, 2017
In print this week
Gold prices could resume climb; how should investors position for a rally?
SINGAPORE (July 17): At US$1,217.12 an ounce on July 11, the price of gold is 6% below its year-todate high of US$1,294.39 an ounce. Anticipation of higher interest rates may have been behind the recent selldown, as some investors moved out of gold and in
July 17, 2017
Broker's Calls
CNMC Goldmine no longer a golden ‘buy’; DBS suspends coverage
SINGAPORE (May 19): DBS Vickers Securities is downgrading its call on CNMC Goldmine Holdings to “hold” from “buy” with a lower target price of 31 cents from 60 cents previously, while also suspending coverage on the stock due to the lack of earnin
May 19, 2017