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By Mark O'Byrne |
April 19, 2012
Gold initially traded sideways to lower in Asia then started gaining in early European trading. Gold prices remained steady today after recovering from four sessions of mild losses.
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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 Mark O'Byrne |
April 12, 2012
Gold has been trading sideways in Asian trading and remains in a tight range in Europe this morning near $1,656.07/oz. Gold remains supported this morning as the ECB signaled that it would intervene in the debt markets on worries about Spain.
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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 Jon Nadler |
March 19, 2012
Gold prices retreated towards the $1,650-$1,655 area this morning as crude oil experienced a small setback and as the dollar climbed slightly on the trade-weighted index (last quoted at 79.82).
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By Jon Nadler |
June 2, 2011
The metals' trade (as well as a host of other speculators) was keenly focused on the day's release of US initial jobless claims numbers as well as tomorrow's overall US employment statistics courtesy of the Labor Department.
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By Richard (Rick) Mills |
April 20, 2011
Gold and silver shine brightest in inflationary times - when cash is trash gold and silver are shining - and history proves the greatest leverage to rising precious metal prices are junior companies involved in the discovery and development .
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By Jon Nadler |
April 12, 2011
Precious metals trading opened on a firmer footing this morning following overnight dips to near recently formed price support areas. The market's tenor was however on the nervous side as players eyed lingering profit-takers still in action.
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By Ilya Spivak |
April 11, 2011
Gold prices are stalling having taken out resistance at $1,468.29 - the 138.2% Fibonacci extension of the 1/3-1/28 downswing - with negative Relative Strength Index divergence arguing for a pullback over the near term.
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By Jon Nadler |
February 28, 2011
Traders returning to work found largely the same conditions that they had left work amid on Friday; no resolution to the Libyan upheaval, continued weakness in the US dollar, and suggestions from various Fed 'factions' on changing US interest rates.
