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By Frank Holmes |
May 23, 2012
Investors have “defriended” gold recently in favor of the dollar, as Greek and French voters rejected austerity measures. I often say, money goes where it is best treated, and these deposits will need to find a safe haven.
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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.
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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.
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By Ilya Spivak |
May 16, 2012
Commodity prices are trading broadly lower in European hours as risk aversion grips financial markets, weighing on sentiment-linked crude oil and copper prices while boosting the safe-haven US dollar to put de-facto downward pressure on gold and silver.
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By Mark O'Byrne |
May 15, 2012
Gold edged up in early Asian trading to $1,560/oz. prior to renewed selling that saw the price fall and gold briefly pierced below support at $1,550/oz. prior to a slight bounce higher in early European trading.
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By Mark O'Byrne |
May 14, 2012
Gold has fallen again today and has now erased the gains for the year. Gold edged up in early Asian trading as bargain hunters lifted prices from four month lows, but gains were capped and prices gradually fell and falls continued in European trading.
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By Ilya Spivak |
May 14, 2012
Commodity prices are trading broadly lower in European hours as Greece-linked jitters continue to weigh on risk sentiment trends. Growth-sensitive crude oil and copper prices follow stocks lower while safe-haven flow buoy the US dollar, pressuring precious metals.
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By Ilya Spivak |
May 9, 2012
Commodities are under fire once again in early European trade as euro-zone crisis fears continue to drive risk aversion, weighing on growth-geared crude oil and copper prices. The dour mood is also stoking safe-haven flows into the US dollar.
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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.
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By Karen Roche, JT Long |
May 8, 2012
A "paralyzed" Federal Reserve, in its "final days," held hostage by Wall Street "robots" trading in markets that are "artificially medicated" are just a few of the bleak observations shared by the former Republican US congressman and director of the Office of Management and Budget.
