-
By Adrian Ash |
May 23, 2012
In a credit deflation – which this is – and after being buoyed by the global liquidity surge of the last decade, gold and silver should be expected to hit turbulence at the least. That's even before a resurgence of the all-Apple, Facebook-toting, shale-gas-laden US dollar.
-
By Adrian Ash |
May 22, 2012
Wholesale prices to buy gold fell further from $1,600 an ounce in London on Tuesday morning, finding a floor at $1575 as European stock markets rose for the second day running after falling for two weeks in succession.
-
By Adrian Ash |
May 21, 2012
Spot gold prices touched a seven-session high just shy of $1,600 per ounce in London's wholesale market early Monday, falling back to last week's finish at $1,593 as European stock markets rose for the first time in 10 days.
-
By Adrian Ash |
May 17, 2012
The wholesale market gold price jumped at the start of New York trade on Thursday, cutting the week's previous 3.3% dive to 5-month lows in half as the euro fell and euro zone stock markets slumped once again.
-
By Mark O'Byrne |
May 17, 2012
Gold climbed during volatile trading in Asia having recovered from the NY close yesterday. In European trading the yellow metal is hovering near the $1,548/oz level. Technically, gold’s trend remains down but gold looks increasingly oversold.
-
By Adrian Ash |
May 16, 2012
Benchmark prices to buy gold for London settlement rallied more than $10 an ounce off new five-month lows beneath $1,528 on Wednesday morning, bouncing as the euro, world stock markets and commodity prices also paused this month's sharp liquidation.
-
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.
-
By Ben Traynor |
May 9, 2012
Spot market gold bullion prices fell to their lowest level in four months during Wednesday morning's London trading, hitting $1,581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries gained.
-
By Ben Traynor |
May 8, 2012
Wholesale market Gold prices fell to a two-week low of $1,625 per ounce Tuesday morning in London – the first day of London trading since yesterday's bank holiday – as stocks and commodities also fell and the dollar extended recent gains.
-
By Brian Sylvester |
May 1, 2012
Last year, Africa was the region that witnessed the strongest growth in gold-mining operations. The managing director of research with Toronto-based Clarus Securities, expects that trend to continue and suggests some investments in Ghana, Mali, Liberia and Congo