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By Jon Nadler |
April 13, 2012
Precious metals prices headed lower this morning as the final trading session of the week got underway in New York. Yesterday’s “Fedspectations” turned down a notch as market participants had somewhat bigger news "fish" to fry this morning.
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By Jon Nadler |
February 21, 2012
Most commodities gained this morning as lingering optimism related to future demand was still manifest in the wake of China’s easing of bank reserve requirements and following perceptions that the European deal with Greece will be good for the sector in the near-term.
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By Jon Nadler |
February 13, 2012
Although the markets greeted the news of the passage of the austerity measures with the enthusiasm that one might have expected, the ’celebrations’ were rather half-hearted, as reflected in the gains in various assets.
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By Jon Nadler |
August 15, 2011
Monday morning's markets saw a lower opening in gold but a tad higher values in the other components of the complex. Gold continued to be sold off and it lost $10.60 per ounce
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By Jon Nadler |
July 25, 2011
New York metals trading opened with gains of $15 in gold and 73 cents in silver this morning. The former was quoted at $1616 and the latter at $40.80 per ounce against only a slightly weaker US dollar and against a decline in crude oil.
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By Jon Nadler |
June 23, 2011
Precious metals prices were not spared the damage seen in other areas in the commodities' space this morning. Spot gold traded in the first half-hour of the Thursday session in New York with a sizeable, $30.00+ (1.85%) per ounce loss in value.
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By Jon Nadler |
July 26, 2010
The new week began amid apprehensions that global economic growth - while not quite fit for being labeled as heading for a double-dip - is slowing in concert, from the US, to Europe, as well as to China.
