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By Jeb Handwerger |
May 21, 2013
We saw Monday gold, silver and both the large and junior miners dip lower at the open and close above Friday's high on more than triple average volume. This is a significant technical development as it means the gold bulls have regained control at a key technical low.
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By Ben Traynor |
April 22, 2013
Wholesale gold prices rose back above $1,430 per ounce Monday morning for the first time since last Monday's price drop, amid reports of strong buying in Asia, while stocks gained and US Treasuries fell.
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By Ben Traynor |
April 18, 2013
Wholesale prices for buying gold climbed briefly above $1,400 an ounce Thursday morning, having bounced from a $50-an-ounce drop overnight, with dealers reporting strong demand for physical bullion in Asia.
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By Austin Kiddle |
March 1, 2013
In the past few days, positive economic data from the major economies have accompanied the falling safe-haven demand for gold.
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By Adrian Ash |
February 28, 2013
The price of gold slipped again below $1,600 per ounce on Thursday –- a level first reached on the way up in July 2011 -– to head for its worst one-month drop since May as world stock markets rose.
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By Ben Traynor |
February 25, 2013
"Support [for gold] sits at $1,522, the low from December 2011," says the latest technical analysis from Scotia Mocatta. "A break of that level will do significant damage to the long-term uptrend."
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By Mark O'Byrne |
February 25, 2013
The pound weakened against the dollar, the euro and especially gold as currency markets reacted to Moody's decision to downgrade Britain from AAA citing "continuing weakness in the U.K.'s medium-term growth outlook" and concerns over massive debt levels in the U.K.
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By Ben Traynor |
December 4, 2012
Spot market prices to buy gold rose back above $1,705 an ounce during Tuesday morning's London session, though it remained below where it started the week following falls overnight, while stock markets also edged higher along with the euro.
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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 Ben Traynor |
November 20, 2012
Spot market prices for buying gold traded above $1,730 an ounce throughout Tuesday morning in London, up 1% for the week so far, while the euro also held onto gains made yesterday despite news that a second ratings agency has downgraded France.