-
By Adrian Ash |
May 23, 2013
Both gold and silver rose in Asian and London trade Thursday morning, defying a sharp slide in global stock markets to gain 3.0% rally from yesterday's sharp sell-off.
-
By Adrian Ash |
May 22, 2013
Bullion prices rose throughout Asian and early London trade on Wednesday morning, touching $1,398 per ounce for the third time this week and recovering 4.4% from Monday's one-month low.
-
By Adrian Ash |
May 21, 2013
The price of both silver and gold slipped back in London on Tuesday morning, cutting into yesterday's rapid gains from four-year and one-month lows respectively.
-
By Przemyslaw Radomski |
May 21, 2013
In the Dow to gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.
-
By Mark O'Byrne |
May 20, 2013
Silver fell victim to heavy, concentrated selling overnight in thin, illiquid Asian trading. Silver was slammed 10% and fell from $22.36/oz to $20.30/oz in just four minutes.
-
By Joe Richter, Bloomberg |
May 20, 2013
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
-
By Mark O'Byrne |
May 17, 2013
The United States government is to rigorously enforce a ban on gold sales to Iran from July 1. They are planning to block sales of gold to Iranians in order to undermine the Iranian currency, the rial, and to step up pressure on Tehran over its nuclear program.
-
By Nicholas Larkin, Bloomberg |
May 17, 2013
Gold bears are dominant again after prices resumed their slump and billionaire George Soros joined investors selling holdings in exchange-traded products that have retreated to a two-year low.
-
By Austin Kiddle |
May 17, 2013
As inflation is low and equity markets are rising, gold-backed ETP investors have been rotating out of gold. The SPDR Gold Trust holdings dropped to a four-year low to 1,041 metric tons yesterday.
-
By Adrian Ash |
May 16, 2013
Opposing the rise in retail gold demand, says the World Gold Council, "[was] a well-documented decline in gold ETF holdings...which outweighed the [global] growth in bar and coin demand."