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By Mark O'Byrne |
April 13, 2012
Gold traded erratically but essentially sideways in Asian trading prior to ticking lower in Europe. Weaker gold prices are attributed to China's weaker Q1 GDP data. A slightly stronger US dollar and oil prices back below $103 a barrel may be contributing to today’s weakness.
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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.
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By Amine Bouchentouf |
September 19, 2011
While China won't determine silver prices, Asian industrial growth in general, and Chinese growth in particular, will provide major support for silver prices going forward - both from an industrial and investment demand perspective.
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By Mark O'Byrne |
May 10, 2011
Gold and silver continue to rebound from their sell offs as Euro zone periphery worries intensify with real risks of defaults and possible contagion. Gold has risen from EUR1,010/oz to over EUR1,057/oz since Friday.
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By Jon Nadler |
March 30, 2011
The midweek trading session in precious metals had something to offer to everyone, but most of all to the many platinum fans out there. Spot gold prices oscillated between gains and losses and silver rose in value.
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By Mark O'Byrne |
March 30, 2011
Gold and, particularly, silver are higher in European trading, especially in Japanese yen, which has come under pressure again today. The initial "repatriation funds" yen rally in the days after the natural and nuclear disaster has abated.
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By Adrian Ash |
March 23, 2011
The gold price rose sharply against all major currencies on Wednesday morning, touching near-two-week highs against the dollar even as the US currency rose amid fresh European debt and budget concerns.
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By Adrian Ash |
November 22, 2010
Spot gold traded closely in line with the Euro currency on Monday morning, initially rising after Ireland agreed a EUR90 billion rescue package from its European partners and the International Monetary Fund.
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By Arnold Bock |
June 15, 2010
Sovereign debt defaults, bankruptcies of "too big to fail" banks and other financial entities, currency inflation and devaluations will all contribute to rampant price inflation.
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By Jon Nadler |
May 14, 2010
Europe's continuing crisis of confidence undermined the region's common currency once again overnight and had it breaking the 1.25 level
