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By Mark O'Byrne |
May 4, 2012
Gold is down 1.6% on the week. The gold market has seen peculiar, lackluster, low volume trading this week punctuated with sudden, oddly timed, very large sell orders. This leads to quick price falls followed either by slow, gradual recovery or a sharp bounce.
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By Mark O'Byrne |
April 18, 2012
Gold traded sideways prior to gradually creeping up in late Asian trading. It then gave up those gains in European trading and is nearly unchanged from yesterday’s close in New York.
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By Mark O'Byrne |
March 21, 2012
Still stubbornly high oil prices are bullish for gold but have not led to higher gold prices so far. Risk appetite remains high as seen in equity indices near record highs and gold more than 15% below its recent nominal record high.
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By Mark O'Byrne |
March 20, 2012
Gold dropped in Asia this morning and losses continued in Europe where gold is now trading at $1,649.90/oz. The superficially rosy US economic outlook has dimmed gold’s safe haven appeal for speculators and some investors.
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By Eric McWhinnie |
February 29, 2012
The Federal Reserve, European Central Bank and others have failed to do anything but kick the can down the road. The Dow hitting 13,000 and the wealth effect is insignificant because prices on hard assets are greatly outperforming paper assets.
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By Eric McWhinnie |
February 14, 2012
Global capital markets specialist and best-selling author James Rickards discusses the serious financial threats facing the US dollar, which he contends is currently at the center of a new currency war that threatens its very existence.
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By Ross Norman |
December 21, 2011
Gold has seen 16% year-on-year gains in the early 2000's before a 28% gain in 2009 and 2010. This year is likely to see a reversion to the pre-crisis gains of about 16%. For 2012 we would expect to see good gains in gold prices but more modest.
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By Mark O'Byrne |
December 19, 2011
Gold has fallen marginally in most currencies, extending last week's loss, which was the biggest in nearly three months. Gold's weakness continues despite negative economic news such as Fitch's warning regarding downgrading France.
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By Mark O'Byrne |
November 17, 2011
Investment and central bank demand for gold were key drivers of total gold demand last quarter. Third quarter gold demand increased 6% year on year to 1,053.9 tonnes with investment demand rising a significant 33% y/y to 468.1T.
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By Nick Barisheff |
October 11, 2011
That gold continues to climb a wall of worry, and that so many are even calling it a bubble, is actually an extremely bullish indicator since financial bubbles burst only after sustained periods of exuberance.
