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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 Roman Baudzus |
May 25, 2011
Last month Goldman Sachs became pessimistic in regard to commodity prices, and advised investors to take profits. However, yesterday the bank revised its outlook for some commodities upwards - notably crude oil, zinc and copper.
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By Jon Nadler |
April 19, 2011
A quiet start was on tap for gold and silver this morning as no significant changes took place in the crude oil and currency markets. Platinum and palladium staged modest advances however.
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By Mark O'Byrne |
April 6, 2011
In trading in London this morning, gold reached a new record nominal high and silver a new 31-year nominal high as investors bought the precious metals to hedge deepening sovereign debt risk, geopolitical risk and deepening inflation.
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By Mark O'Byrne |
March 11, 2011
The massive earthquake and tsunami that has rocked Japan today is being digested by markets and the economic ramifications and uncertainty is leading to risk aversion.
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By Jon Nadler |
June 23, 2010
Perceptions that the global recovery process could be derailed by certain observed trends sank the euro to a one-week low overnight and reignited at least some of the recently faltering safe-haven quest for gold.
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By Jon Nadler |
June 8, 2010
The spectre of lost/altered "A" letters in the credit ratings Scrabble game and the urgings for sharper budget scalpels made an unwelcome appearance in Britain overnight.
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By Marketwatch |
March 15, 2010
Gold futures rose on Monday after Moody's Investors Service said risks are growing for the ratings of the four largest AAA-rated economies.
