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By Frank Holmes |
May 9, 2012
There lingers a persistent negativity toward emerging markets growth and commodities that prevents many investors from jockeying their portfolios into a position for growth. Rather, they remain spectators on the sidelines, with equity fund outflows continuing.
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By Jon Nadler |
May 2, 2012
Gold spot prices opened with losses on the order of about $10 and near the support level that the $1,650 area is thought to be able to now offer. Silver dropped nearly 50 cents and started the midweek session out under the $30.50 mark per ounce.
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By Ben Traynor |
May 1, 2012
Dollar prices for buying gold rallied above $1,670 per ounce for the first time in over two weeks ahead of US trading, while stocks and commodities were broadly flat, with the main European markets except London closed for the May 1 holiday.
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By Ilya Spivak |
April 24, 2012
Commodity prices are little changed in early European hours as traders look for a catalyst to spark directional momentum. Stock index futures are pointing higher. This may reflect a period of correction after yesterday’s rout across the spectrum of growth-sensitive assets.
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By Jon Nadler |
April 23, 2012
Precious metals markets started the new week with a bit of a mixed picture last night in overseas trading. Spot dealings showed gold falling $2.40 to $1,640.00 and silver down a dime to $31.60 per ounce. Platinum and palladium each advanced $1.
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By Adam Hamilton |
April 20, 2012
Commodities have been sinking like stones since late February, an unusual divergence from the rallying stock markets. This relentless weakness has wreaked havoc on commodities sentiment, leading traders to abandon commodities stocks.
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By Elliott Gue |
April 3, 2012
An improvement in the outlook for global growth has helped drive a modest uptick in global steel prices and a similarly modest rally in the prices of global steel producing stocks.
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By Frank Holmes |
April 2, 2012
What’s important for investors to consider is that the trend is your friend: It is the fourth month in a row where China's Purchasing Managers' Index landed above the three-month PMI, and shows the economy is on the right path.
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By Jon Nadler |
April 2, 2012
The first session of the new quarter commenced on an upbeat note for all of the precious metals, save gold, this morning. The yellow metal opened on the weak side, showing a bid-side quote at $1,665 as against a marginally higher US dollar.
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By Jon Nadler |
March 30, 2012
Spot dealings opened with a bid-side quoted at $1,667 in gold and at $32.50 in silver. While there is still scope for attempts at taking out overhead resistance near $1,680 and $1,704 in gold (with a possible $1,730 end-target) the going has been anything but smooth.
