NuWire Investor: Latest News

Gold Prices Climb After Historic Sale By IMF

Jason Simpkins — Fri, 06 Nov 2009 16:17:00 GMT

The dollar, weakened by the Federal Reserve's lack of restraint, is losing ground to the euro — which has spurred central banks and investors to turn to hard assets instead. This is driving gold futures to record prices, and there is speculation of prices hitting $1,125 an ounce in 2010. Leading...

Homebuyer Tax Credit Passes Senate By Unanimous Vote

Jacob Gaffney — Fri, 06 Nov 2009 16:12:00 GMT

A unanimous Senate vote to extend and expand the homebuyer credit through April 2010, reflects the impact that the program has made to this point. As the bill, which would expand coverage beyond first-time buyers, awaits presidential approval, hopes are high that its effect will go beyond the housing...

National Home Prices Increase In Third Quarter

Austin Kilgore — Fri, 06 Nov 2009 16:12:00 GMT

Analysts believe that declines in the percentage of real estate-owned (REO) properties in major markets are early indications of stabilization in the real estate market. At the same time, national home prices continued to improve year-over-year. See the following article from HousingWire for more on...

Some Analysts Predict Gold Will Reach $1500 By 2010

Commodity Online — Fri, 06 Nov 2009 16:11:00 GMT

As the US government continues to pump more dollars into the economy, investor demand for gold continues to rise. Some analysts predict that gold prices could go as high as $1500 per ounce in 2010, as concerns about inflation continue to increase. For more on this, see the following article from Commodity...

Vietnam Real Estate Development Charges Ahead

Property Wire — Fri, 06 Nov 2009 16:09:00 GMT

With a bevy of development projects in the works, and a strong year-end performance projected, Vietnam is carving out a spot in the emerging property market. A revitalized stock market, rebounding global economy and strides in the nation's infrastructure are contributing to the favorable investment...

Low Interest Rate Helps Gold Continue Record Run

Alix Steel — Fri, 06 Nov 2009 16:08:00 GMT

As the US dollar index continues to fall, gold prices are rising once again. With the Federal Reserve's key interest rates at exceptionally low levels — and expected to remain so for awhile — gold's appeal as an alternative asset continues to increase. See the following article from The...