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By Adrian Ash |
May 17, 2012
The wholesale market gold price jumped at the start of New York trade on Thursday, cutting the week's previous 3.3% dive to 5-month lows in half as the euro fell and euro zone stock markets slumped once again.
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By Jon Nadler |
April 30, 2012
Gold prices started the final trading day of April with minor losses in New York and were seen headed for a net loss for the month (based on the PM Fix) on the order of 1.75%.
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By Richard (Rick) Mills |
April 19, 2012
Today no country is on a gold standard and all currencies are fiat. A future 3-G world, and a re-introduction of gold into the global monetary system, should be on all our radar screens.
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By Ben Traynor |
April 13, 2012
Dollar prices to buy gold hovered just below $1,680 per ounce Friday morning in London – back at levels last seen 10 days ago – as stock markets and industrial commodities ticked lower and government bonds gained.
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By Mark O'Byrne |
April 11, 2012
Gold climbed $17.70 or 1.2% in New York yesterday and closed at $1,659.00/oz. Gold gradually ticked lower in Asian trading prior to tentative gains in Europe and is now trading around $1,655/oz. Gold's 1.2% gain yesterday was the largest since March 26.
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By The Mad Hedge Fund Trader |
March 16, 2012
One thing is certain. A free floating yuan would be at least 50% higher than it is today, and possibly 100%. I can say this in confidence having watched the Japanese yen appreciate from ¥360 to the dollar to ¥75 while running a trade surplus of similar magnitude.
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By Mark O'Byrne |
March 9, 2012
Silver prices have been boosted by investment and industrial demand this year, the Silver Institute has reported. Sturdy investment demand has pushed the silver price up 20% in the first ten weeks of 2012.
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By Ross Norman |
February 29, 2012
Since late October 2011 gold and the equity markets have become closely correlated. This raises two rather more important question than it at first appears. Firstly why – and secondly what does this mean for gold's safe-haven status?
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By Stephan Bogner |
February 29, 2012
China is the largest copper consumer in the world demanding 40% of the world`s copper supply. The copper price rose as much as 17% this year – despite copper stocks in Shanghai warehouses increasing steadily for quite some time and last week hitting the highest level in nearly a decade....
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By Adrian Ash |
February 22, 2012
China's massive trade surplus is fast shrinking, however. The rate of foreign-currency hoarding is slowing right alongside, but its gold imports just overtook domestic mine output for the year as a whole.
