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By Ben Traynor |
May 1, 2012
Dollar prices for buying gold rallied above $1,670 per ounce for the first time in over two weeks ahead of US trading, while stocks and commodities were broadly flat, with the main European markets except London closed for the May 1 holiday.
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By Mark O'Byrne |
March 14, 2012
Despite continuing caution regarding gold in western markets, lackluster buying and indeed some selling – there is still strong buying from Asia store of wealth buyers.
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By Eric McWhinnie |
December 21, 2011
Although gold dipped to nearly $1,560 last week, many investors viewed the decline as another buying opportunity, because nothing in the financial landscape has changed. There are actually more uncertainties than ever before.
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By Ben Traynor |
June 6, 2011
Gold prices hit a near-one-month high of $1548 per ounce in Asian trading Monday - a 1.8% gain on last week's low - before dropping back when London opened, while stocks and commodities fell after Friday's disappointing US jobs data.
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By Mark O'Byrne |
April 26, 2011
Silver and gold are lower today after the record nominal highs seen yesterday - gold marginally and silver significantly. Gold reached $1,518.30 per troy ounce, a nominal record, while silver climbed to $49.79 per ounce.
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By Mark O'Byrne |
April 6, 2011
In trading in London this morning, gold reached a new record nominal high and silver a new 31-year nominal high as investors bought the precious metals to hedge deepening sovereign debt risk, geopolitical risk and deepening inflation.
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By Mark O'Byrne |
March 11, 2011
The massive earthquake and tsunami that has rocked Japan today is being digested by markets and the economic ramifications and uncertainty is leading to risk aversion.
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By Mark O'Byrne |
March 7, 2011
Concerns about Libya, Saudi Arabia and the Middle East and North Africa continue to dominate markets. There are growing concerns of oil supply disruptions from the region. Oil and gold have risen and silver for immediate delivery surged 2.3%.
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By Mark O'Byrne |
March 1, 2011
Silver has risen another 1.4% today to a high of $34.44/oz and above the 31-year interday high of $34.33/oz reached last Tuesday (Feb. 22). Silver is higher in all currencies this morning, especially the Japanese yen.
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By Lorimer Wilson |
June 23, 2010
Who in their right mind would suggest that gold would eventually reach $2,500, let alone $5,000 or even $10,000?
