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By Mark O'Byrne |
February 17, 2012
Gold testing support at $1,700 plus the sharp turnaround seen yesterday indicates a market that is consolidating and may soon go higher. Note the price action in the gold mining shares, with both the XAU and HUI indices surging nearly 3% on the day.
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By Ben Traynor |
July 26, 2011
Gold bullion prices fell as London opened on Tuesday, but held steady for the rest of the morning around $1,610 per ounce - 0.8% off Monday's all-time high. Silver bullion prices were also steady, hovering around $40.40 per ounce - up 0.8% from Friday.
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By Jon Nadler |
July 21, 2011
Ups and downs were noted in the euro, the dollar, bonds, precious metals, and equities. Gold prices opened with a near-$8 loss in New York as details began to emerge from Brussels that some sort of resolution to the Greek problem might be in the offing.
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By Ben Traynor |
July 6, 2011
Gold bullion prices held steady around $1,517 per ounce for most of Wednesday morning in London - a 2% jump from last Friday's close - while stocks and commodities fell after Portugal saw its sovereign debt downgraded to junk.
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By Jon Nadler |
September 8, 2010
Gold prices bucked an emergent trend and continued to approach the $1,265 June high as uniformly exuberant hedge fund managers and market timers were betting on nothing but clear skies in the bullion weather forecast.
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By Jon Nadler |
August 27, 2010
Most market remained at a virtual standstill overnight as participants showed no interest in taking on large bets ahead of what promised to be an eventful session today: revised US GDP data and speeches by Ben Bernanke and Jean-Claude Trichet.
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By Press Release |
March 2, 2010
The National Union of Mineworkers (NUM) that it is withdrawing its notice to embark on strike action across all Gold Fields' operations in South Africa.
