Ricardo's Business



GOLD: The long and the shine of it

10 November 2010 | 17:00 - By Ricardo Goncalves

 The gold price has been trading at record highs recently, with the New York price reaching US$1422 per ounce.

The gold price is trading at record highs, but for how long? (AAP)

The gold price is trading at record highs, but for how long? (AAP)

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Consumers hold power as the $A rises

09 November 2010 | 16:37 - By Ricardo Goncalves

The Australian dollar is continuing to trade comfortably above US$1, and while that means good deals for travellers and shoppers, there will be some shortfalls, as pointed out by the government.

Shop til it drops? You can stimulate the local economy - or likely get a better deal online. (AAP)

Shop til it drops? You can stimulate the local economy - or likely get a better deal online. (AAP)

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Why the RBA and CBA moved on rates

02 November 2010 | 16:58 - By Ricardo Goncalves

The Reserve Bank has given Australia’s banks the excuse they need to lift their own rates above and beyond the RBA’s 25 basis point move. The CBA has gone first with a 45 basis point lift.

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About this Blog

SBS Presenter Ricardo Goncalves with the latest in finance.

Ricardo Goncalves Ricardo Goncalves is a Presenter / Reporter for SBS World News Australia

 
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