-
By Guillermo Barba |
January 24, 2013
It is official: Germany is set to repatriate a large share of its gold reserves. This is one of the most definitive measures the country has taken in light of the ongoing global crisis.
-
By Mark O'Byrne |
January 24, 2013
In response to a question from Yale University’s Robert Shiller querying the recommendation to hold gold, Faber said: “I’m prepared to make a bet, you keep your U.S. dollars and I’ll keep my gold, we’ll see which one goes to zero first.”
-
By Adrian Ash |
January 23, 2013
Amid the brouhaha over Germany's gold reserves at the Bundesbank, there's another central bank using gold actively to bolster its currency and financial stability.
-
By Ben Traynor |
January 22, 2013
U.S. dollar gold prices hovered above $1,690 an ounce Tuesday morning in London, close to one-month highs, while prices in yen quoted on Tokyo's gold futures market set a new record.
-
By Jon Nadler |
January 22, 2013
Analysts at Citigroup and Goldman Sachs have scaled back gold price forecasts, especially in the longer-term, as the underpinnings of its bull market are being called into question.
-
By Eric McWhinnie |
January 21, 2013
The price movement of gold and silver often attract much attention. When prices make a noticeable increase, it regularly leads to perma-bulls calling for the next great explosion in precious metals. On the other hand, any dips or corrections lead to critics calling for an end to the 12-year bull...
-
By Alasdair Macleod |
January 21, 2013
Last Wednesday the Bundesbank released a statement to the effect that 300 tonnes of Germany’s gold will be moved from New York and 374 tonnes from Paris. The whole exercise is a public relations stunt.
-
By Adrian Ash |
January 18, 2013
The Bundesbank's announcement contained little news for the market. But for private investors...?
-
By Alasdair Macleod |
January 18, 2013
Last week there was a more positive tone in precious metals markets. Previously, the pattern was for prices to rise in overnight and early London trading before being hit in New York.
-
By Jon Nadler |
January 18, 2013
Gold prices touched a one-month high near $1,699 on Thursday as a slightly weaker greenback and a spike in black gold inspired short-term specs to buy the metal at its daily lows in the morning hours.