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By Mark O'Byrne |
May 10, 2012
Gold is relatively unchanged after three days of gradual losses despite the degeneration in the Eurozone crisis with the deteriorating situation in Greece and Spain increasing the risk of contagion.
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By Jon Nadler |
May 7, 2012
Spot gold lost $5 on the open to start the new week with a bid at $1,637 the ounce. Silver fell 20 cents to the $30.14 mark per ounce. Platinum climbed $5 to $1,528 while palladium rose $2 to $651 the ounce.
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By Mark O'Byrne |
May 4, 2012
Gold is down 1.6% on the week. The gold market has seen peculiar, lackluster, low volume trading this week punctuated with sudden, oddly timed, very large sell orders. This leads to quick price falls followed either by slow, gradual recovery or a sharp bounce.
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By Jon Nadler |
April 25, 2012
Gold’s last/best chance to try for the $1,650 target ahead of the Fed today comes from a lower-than-expected US durable goods orders figure and the flicker of a QE3 hope that such a metric might give rise to among speculators.
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By Jon Nadler |
April 16, 2012
CFTC reports continue to show that net long positions in gold are being liquidated. Nineteen tonnes were shed in the latest reporting period on Comex. Long-silver specs unloaded 210+ tonnes from their logbooks and added 110+ tonnes to short positions.
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By Adam Hamilton |
April 13, 2012
Bearish commentary abounds, with all kinds of predictions for further declines. But as is usually the case after any material selloff spooks traders, gold’s technicals are actually very bullish today. Gold’s next move will likely prove to be a major rally.
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By Brian Sylvester |
March 30, 2012
The editor of Exploration Insights describes the past 15 years of change in gold, copper and iron while sharing what he sees as the fatal flaws and opportunities in this complex industry and detailing factors he looks for before investing.
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By J.W. Jones |
March 27, 2012
If my expectations are somewhat accurate, the short term weakness in the Dollar will assist stocks and risk assets in a move above recent highs. In the case of the S&P 500, a move to key resistance at 1420–1450 could occur.
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By Mark O'Byrne |
March 20, 2012
Gold dropped in Asia this morning and losses continued in Europe where gold is now trading at $1,649.90/oz. The superficially rosy US economic outlook has dimmed gold’s safe haven appeal for speculators and some investors.
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By Jon Nadler |
March 19, 2012
Gold prices retreated towards the $1,650-$1,655 area this morning as crude oil experienced a small setback and as the dollar climbed slightly on the trade-weighted index (last quoted at 79.82).
