Posts Tagged ‘price’

Investors’ Better Off Buying Oil Than Gold, Says Leading Fund Manager

Investors’ Better Off Buying Oil Than Gold, Says Leading Fund Manager

A leading fund manager has recently said that investors may be better off buying oil than gold. Trevor Greetham stated this when speaking to the British newspaper, the Daily Telegraph. Mr Greetham, the portfolio manager of Fidelity’s multi-asset funds, told the Telegraph that gold performed best at times when the dollar is weak and worldwide [...]

Prices Of First-class Stamps In The UK Set To Rise To 60p

Prices Of First-class Stamps In The UK Set To Rise To 60p

The price of a first-class stamp in the UK will increase from 46p to 60p from the 30th of April this year, after the regulator lifted some of the price controls on Royal Mail. Prices of second-class stamps will also rise – they will move from 36p to 50p, just 5p beneath the top price [...]

Small US Firms Concerned About Gas Costs Passing $4 Per Gallon

Small US Firms Concerned About Gas Costs Passing $4 Per Gallon

Analysts in the US are forecasting that gas prices will surpass $4 per gallon by May this year. They also say that prices of gas are already near record highs for this time of year. In early February, the national average hit $3.48 a gallon, the highest price in history for that point in the [...]

Gold Demand Rises In India As Rupee’s Strength Curbs Price Increase

Gold Demand Rises In India As Rupee's Strength Curbs Price Increase

Gold demand in India, the biggest consumer of bullion in the world, emerged again at the beginning of this year, as consumers in the nation began purchasing the metal for weddings, at a time when prices of the yellow metal are falling in the country’s local market due to the strength of the rupee. Harvesting [...]

Gold Forecasted To Peak At $2,000 During The Next Year

Gold Forecasted To Peak At $2,000 During The Next Year

Gold is predicted to hit a new record level above the $2,000 mark during this year, or early next year. But the new peak is expected to come as the precious metal comes towards the end of a decade-long bull run, according to gold experts. The metals consultancy GFMS believes gold is likely to break [...]

Optimism On Global Economy Causes Oil Price Rise

Oil Drilling Rig

The price of crude oil rose sharply amid optimism over the global economy, as well as fears about the current tension in the Middle East. Brent crude was up by $4.89 on the day, closing at $112.27 a barrel and US crude also rose by $4.13 to $102.96. Hopes for a recovery in the global [...]

UK Rail Commuters Face Extra Financial Headache As Rail Fares Rise

UK Rail Commuters Face Extra Financial Headache As Rail Fares Rise

People who regularly travel on trains in the UK are set to face fare increases right at the beginning of 2012 of up to 11%, according to British consumer watchdog Passenger Focus. The price climbs are set to further squeeze the finances of members of the British public. The annual increase will result in the [...]

Protests In Nigeria After Government Withdraws Fuel Subsidy

Protests In Nigeria After Government Withdraws Fuel Subsidy

Nigerian citizens have condemned their government for removing a fuel price subsidy, which has resulted in prices of petrol more than doubling in many parts of the African nation. Hundreds of people gathered in Abuja, Nigeria’s capital, to protest against the removal, chanting “Remove corruption, not subsidy.” Petrol prices have risen from 65 naira (£0.26, [...]

Groupon Makes 50th ASA Breach In 2011 With Misleading Delivery Service Offer

Groupon Makes 50th ASA Breach In 2011 With Misleading Delivery Service Offer

Groupon (Public, NASDAQ:GRPN) has breached the rules of the UK’s Advertising Standards Authority (ASA) for the 50th time this year. The latest violation, concerning a discount deal which never existed, came just shortly after the company was referred to the UK Office of Fair Trading by the ASA. The offer which involved Ocado (Public, LON:OCDO), the [...]

UK House Sellers Beginning To Drop Asking Prices

UK House Sellers Beginning To Drop Asking Prices

According to Rightmove (Public, LON:RMV), the Internet based property company, the average asking price of houses that are being put up for sale in the UK  has dropped by 3.1% over the last month. The firm has also stated that during November, the average asking price of British properties, which were new on the market, [...]