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By Mark O'Byrne |
May 11, 2012
Gold fell after shares in Asia were hit by JPMorgan's massive $2 billion loss, political turmoil in the euro zone and also by weak economic data from China. The JP Morgan loss could lead to sharper sell offs in markets which could lead to further gold weakness.
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By Brian Sylvester |
May 4, 2012
The rare earths business isn't unlike a Formula One race, according to the vice-president and senior analyst with Dundee Capital Markets. Companies are speeding to reach production and find strategic partners to grease the wheels to the finish.
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By Mark O'Byrne |
December 19, 2011
Gold has fallen marginally in most currencies, extending last week's loss, which was the biggest in nearly three months. Gold's weakness continues despite negative economic news such as Fitch's warning regarding downgrading France.
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By Mark O'Byrne |
November 10, 2011
Gold is 0.3% lower in US dollars and 0.5% lower in euros. Gold again experienced weakness due to volatility and weakness in global stock markets. However, this weakness is likely to be temporary.
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By Mark O'Byrne |
September 12, 2011
Gold could see weakness today due to dollar strength and the possibility of margin calls for leveraged players on the Comex. However, bargain hunting bullion buyers are present at these price levels and gold is likely to be supported above $1,800/oz.
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By Mark O'Byrne |
August 31, 2011
Gold and silver have fallen after yesterday's gains due to the very poor consumer confidence data and Federal Reserve murmurings of further monetary easing. Gold is trading at USD 1,825.40 and silver is trading at USD 41.61.
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By Adrian Ash |
August 30, 2011
So according to Gallup, one in every three Americans now thinks gold is the best long-term investment. Kinda makes you wonder where the other two US citizens have been investing since the start of last decade.
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By Mark O'Byrne |
August 23, 2011
Gold reached new record nominal highs at $1,913.50/oz overnight and profit taking and traders nervous about potential margin increases have led to a 1% fall in dollar terms today. Gold has fallen by more in euro and sterling.
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By Mark O'Byrne |
June 17, 2011
Gold has given up much of yesterday's modest gains and is marginally lower in all currencies except the Swiss franc. The euro has stabilized despite continuing contagion concerns and an existential threat to the euro currency itself.
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By Mark O'Byrne |
June 7, 2011
Gold and silver are higher again today with the US dollar and yen in particular under pressure as concerns about the outlook for growth in Japan, the UK, the EU and the US deepen. Gold reached new record nominal highs in sterling yesterday.
