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By Mark O'Byrne |
May 13, 2013
Chinese housewives or “aunties” have purchased 300 tons of the yellow metal in the past three weeks amounting in nearly $16 billion. The impact of the run on physical gold in China may have a significant effect on import statistics.
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By Adrian Ash |
May 9, 2013
Spot gold prices slipped back below $1,470 per ounce Thursday morning in London, drifting as world stock markets failed to follow Wall Street higher, where equities yesterday hit new all-time highs.
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By Dr. Jeffrey Lewis |
April 19, 2013
The precious metals have seen dramatic sell-offs before, although the primary difference between previous precious metal declines and the recent drop is the current shortage of physical metal.
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By Ben Traynor |
February 13, 2013
The dollar gold price drifted back below $1,650 an ounce Wednesday morning, 1.1% down on the week so far, although it jumped higher in Sterling following after a Bank of England report said policymakers are prepared to "look through" persistently high U.K. inflation.
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By Ben Traynor |
January 8, 2013
Wholesale gold bullion prices ended Tuesday morning in London at $1,655 per ounce, regaining ground lost yesterday to climb back to where it started the week, with dealers reporting signs of strong demand from India and China, the world's two biggest gold buying nations.
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By Jon Nadler |
December 21, 2012
On the other hand, there has been plenty of price-smashing going on in the precious metals’ markets this entire week to be remembered for quite some time to come.
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By Larry D. Spears |
December 17, 2012
With experts predicting rising gold prices for at least the next year, it's no surprise that more and more investors want to know how to buy gold. For each investor, the best approach to how to buy gold depends on your goals and expectations.
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By Frank Holmes |
December 10, 2012
The upside to gold stocks is that investors historically have received a 2-to-1 leverage by owning gold equities instead of the commodity. We believe that effective management can help miners gain more leverage over the metal for their shareholders.
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By Jon Nadler |
December 4, 2012
Gold prices broke to under the pivotal $1,700 mark overnight, and did so despite a slightly weaker US dollar, despite a firmer euro, but alongside almost 1% weaker crude oil values. The decline was partially attributed to an overall slide in commodities.
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By Roman Baudzus |
November 21, 2012
A new report from the world's largest gold producer Barrick Gold provides yet another illustration of the problems facing gold mining companies. According to Barrick, total production costs for all mining companies exceeded the $8 billion mark last year.