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By Adrian Ash |
January 30, 2013
Gold and silver jumped to four-session highs above $1,674 and $31.65 per ounce respectively Wednesday lunchtime in London, gaining as new data showed the U.S. economy unexpectedly shrinking in late 2012.
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By Mark O'Byrne |
January 23, 2013
Silver has now rallied for seven days because of the flood of inflows into silver backed ETFs and investment demand for coins and bars internationally. Analysts polled by Reuters expect silver to rise in 2013.
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By Jon Nadler |
January 22, 2013
Analysts at Citigroup and Goldman Sachs have scaled back gold price forecasts, especially in the longer-term, as the underpinnings of its bull market are being called into question.
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By Mark O'Byrne |
January 21, 2013
Another respected hedge fund, the Pacific Group, has decided to convert one third of its hedge-fund assets into physical gold. The Pacific Group Ltd., which manages more than $100 million worth of assets, believes that gold will continue to rise as governments print more money to pay off debt, according...
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By Mark O'Byrne |
January 14, 2013
Spot gold traded nearly flat on Monday in Asia and has edged higher as investors nervously await a string of economic data this week to examine if the grand money printing recovery plan is working for the world's top economies.
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By Adrian Ash |
January 7, 2013
Spot gold prices traded in a $10 range Monday morning, rising above last week's finish at $1,656 per ounce as European stock markets cut earlier losses. Silver prices also whipped in a tight range, holding at $30.25 per ounce by lunchtime in London.
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By Adrian Ash |
November 30, 2012
Gold prices rose back to $1,730 per ounce in early London trade on Friday – the same level seen just before last week's late jump and subsequent 2.0% sell-off on Wednesday.
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By Ben Traynor |
November 28, 2012
It used to be taken for granted that you could put aside some money and earn enough interest to be better off than when you started. As the world continues to struggle with the aftermath of an enormous credit boom, this kind of objective seems hopelessly naïve.
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By Adrian Ash |
November 16, 2012
In short, the easy money and bail-outs which got us here – from the Fed's rescue of Goldman Sachs during the early '80s Tequila Crisis in Mexican debt, through LTCM in the late '90s and then the Tech Stock boom and bust – have had serious consequences.
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By Ben Traynor |
November 14, 2012
US dollar gold prices drifted lower to $1,722 an ounce this morning in London, slightly down from last week's close, while stock markets also fell along with US Treasury bonds as US policymakers continue to discuss how to deal with the so-called fiscal cliff.