-
By Jon Nadler |
May 2, 2012
Gold spot prices opened with losses on the order of about $10 and near the support level that the $1,650 area is thought to be able to now offer. Silver dropped nearly 50 cents and started the midweek session out under the $30.50 mark per ounce.
-
By Jon Nadler |
April 11, 2012
The midweek trading session in precious metals opened to the downside in New York this morning despite a 0.31% drop in the US dollar on the trade-weighted index and a 0.30% gain in crude oil values.
-
By Eric McWhinnie |
March 29, 2012
While investors appear to be more sensitive to gold prices, CPM Group expects gold prices to stay above $1,500 this year and above $1,400 over the coming years. The report cites large debts and currency market volatility as issues providing support for gold prices.
-
By Jon Nadler |
March 28, 2012
The midweek trading session in New York opened with lower prices across the precious metals boards as crude oil slipped by a notable amount and as options expiry and month-end related trading book activities became visible.
-
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.
-
By Mark O'Byrne |
March 20, 2012
Gold dropped in Asia this morning and losses continued in Europe where gold is now trading at $1,649.90/oz. The superficially rosy US economic outlook has dimmed gold’s safe haven appeal for speculators and some investors.
-
By Jon Nadler |
January 30, 2012
The enthusiasm that helped propel gold to a seven-week high late last week and pushed the US dollar lower as investors embraced risk was dealt a bit of a setback this morning.
-
By Jon Nadler |
January 17, 2012
China's slowest pace of growth in over two years prompted a rally in commodities as speculators turned bullish on the idea that the country's central bank will now take easing steps in order to get growth back above the fourth quarter's 8.9% level.
-
By Jon Nadler |
January 4, 2012
Gold's best rally in ten weeks came to a halt and prices reversed course early this morning as the reality check that most markets were being subjected to by global investors took its toll. The yellow metal slipped back to under the $1,600 pivot point.
-
By Jon Nadler |
September 27, 2011
A day of recovery was apparently in the making in the precious metals markets as the complex opened solidly in the "green" against a pullback in the US dollar and rising optimism that Europe would live to see another day
