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By Jon Nadler |
May 23, 2012
Another day of substantial selling in the precious metals complex brought gold prices right back to the $1,550 value zone, raising legitimate questions about whether the numerous calls of a bottom occurring last week were perhaps premature.
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By Jay Taylor |
May 10, 2012
The debt is too onerous to be repaid. So we will have to see massive defaults in terms of transfer payments to the masses and huge numbers of bankruptcies in the future. This will all be very deflationary and that means that the price of most everything could fall dramatically.
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By Adrian Ash |
May 10, 2012
Wholesale market prices to buy gold and silver repeated yesterday's rally in London trade after a slight drop Thursday morning, rising back above $1594 and $29.30 per ounce respectively as platinum and palladium also stemmed this week's sharp drops.
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By Ben Traynor |
April 24, 2012
Gold prices rallied to $1,643 per ounce by Tuesday lunchtime in London – 1.2% up on yesterday's low, but still shy of where they closed last week – ahead of tomorrow's Federal Reserve decision and with euro zone concerns focusing on the Netherlands.
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By Jon Nadler |
April 20, 2012
Little in the way of real change was noted this morning as the final session of the week got underway in New York. Spot gold hovered around $1,645 while spot silver appeared stuck around the $31.75 area.
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By Eric McWhinnie |
April 16, 2012
After having a strong performance the prior day, the markets experienced a broad pullback Friday as growth data from China disappointed investors. Gold prices fell more than 1.5%, while silver dropped 3.3%.
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By Jon Nadler |
April 9, 2012
Friday’s US jobs data managed to yield a lift in precious metals values this morning but the advance was itself significantly below expectations and it most certainly did not come at the expense of a notable cratering in the US dollar.
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By Mark O'Byrne |
March 28, 2012
Gold traded sideways in Asia prior to seeing slight falls which continued in Europe prior to a bounce to over $1,684/oz. and then further selling saw gold fall back to $1,676/oz.
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By Eric McWhinnie |
March 26, 2012
While short-term corrections in bullion prices can be frustrating for investors, the pullback in miners has been even more pronounced. In the past month, the Market Vectors Gold Miners index declined almost 11%, while the Market Vectors Jr. Gold Miners index has fallen 14%.
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By Ben Traynor |
March 13, 2012
Gold prices drifted as low as $1,694 per ounce Tuesday morning in London – 1.3% down on the week so far – while stocks and commodities rose slightly and US Treasuries dipped ahead of today's US Federal Reserve interest rate decision.
