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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.
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By Mark O'Byrne |
May 16, 2012
Gold traded off in Asia hitting a low of $1,526.80/oz. then recovered as the market opened in Europe and is now trading near $1,537.25. Support at $1,550 has been breached and gold is now testing support between $1,523/oz. and $1,533/oz.
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By Adrian Ash |
April 12, 2012
Prices quoted for buying gold fell together with the US dollar on Thursday morning in London, dropping away from $1,660 per ounce and falling harder in other currencies as commodities also edged lower. Silver prices slipped back to $31.50 per ounce.
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By Peter Krauth |
February 24, 2012
When famed hedge-fund manager John Paulson speaks, people listen. And it's no wonder. Paulson made his way into the financial history books thanks to what many now call the "greatest trade ever".
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By Jon Nadler |
February 22, 2012
Gold and silver prices headed lower this morning while platinum and palladium extended their Tuesday rally with fairly hefty additional gains. Gold retreated towards the $1,750 area while silver fell back to near the $34 level as profit-takers moved in following yesterday’s Sino-Euro-news-induced euphoria.
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By Mark O'Byrne |
February 15, 2012
Significant macroeconomic and geopolitical risk plus the appalling fiscal state of most major industrial nations means that all fiat currencies will almost certainly fall against gold in the coming months.Total gold ETF holdings meanwhile are rising to near record levels.
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By Jon Nadler |
December 29, 2011
The week that was supposed to be a calm and mostly boring one for gold and other precious metals players turned uglier by the minute as sellers demolished one support level after another and took no prisoners.
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By Toby Connor |
December 16, 2011
I know that during a correction of the magnitude we are seeing right now it seems more like the gold bull is dead than on the verge of moving into what I expect will be one of the greatest parabolic moves in history.
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By Jon Nadler |
December 12, 2011
Spot gold dealings opened the New York session this morning with a $35 per ounce loss at $1,676.50 on the bid, and with dimming prospects of the $2,000 Holy Grail being achieved in 2011.
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By Mark O'Byrne |
November 23, 2011
Gold is lower in all major currencies today except euros with euro gold having risen 0.25%. The euro came under pressure due to the surprise collapse in euro-zone industrial orders which led to Germany failing to get bids for 35% of bunds offered.
