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By Debarati Roy, Bloomberg |
May 16, 2013
Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month.
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By Joe Richter and Debarati Roy, Bloomberg |
May 14, 2013
Consumers will sell the least used gold in five years after prices tumbled into a bear market, curbing a source of metal that typically accounts for about one in every three ounces of global supply.
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By Elizabeth Campbell, Bloomberg |
May 13, 2013
Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc., the world’s biggest money manager, said it’s still bullish.
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By Debarati Roy, Bloomberg |
May 6, 2013
Hedge funds increased positions on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices higher just as analysts and traders turned the most bearish in three years.
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By Joe Richter, Bloomberg |
April 22, 2013
Hedge funds increased bets on gold rallying after prices plunged the most in 33 years, underscoring billionaire John Paulson’s view that bullion will rebound.
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By Glenys Sim, Bloomberg |
April 10, 2013
The turn in the gold price cycle is accelerating after a 12-year rally as the recovery in the U.S. economy gains momentum, according to Goldman Sachs Group Inc., which reduced forecasts for the metal through 2014.
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By Mark O'Byrne |
March 11, 2013
Hedge-fund managers and other large speculators decreased their net-long position in New York gold and silver futures last week, according to U.S. Commodity Futures Trading Commission data.
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By Mark O'Byrne |
February 25, 2013
The pound weakened against the dollar, the euro and especially gold as currency markets reacted to Moody's decision to downgrade Britain from AAA citing "continuing weakness in the U.K.'s medium-term growth outlook" and concerns over massive debt levels in the U.K.
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By Mark O'Byrne |
December 20, 2012
Prices again crept gradually higher in Asian trading prior to some retrenchment in early European trading but dollar weakness was supporting gold and silver. Both bottomed near year end last year on December 29th prior to strong gains in January.
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By Jon Nadler |
December 18, 2012
Following last week’s losses of 0.50% and 2.5% respectively, gold and silver started the final full trading week of the year on a muted note. Thinning participation and year-end book-squaring have begun playing a more significant role.