-
By Ben Traynor |
July 28, 2011
The dollar price to buy gold had a wild ride Thursday morning in London - soaring to just under $1,620 per ounce before easing back - while stocks fell and commodities were mixed as Washington prepared for a postponed debt ceiling vote.
-
By Mark O'Byrne |
May 6, 2011
Gold and silver are tentatively higher after their 2% and 8% falls yesterday. In silver, speculators on the Comex continue to liquidate on mass after margin was increased a massive 84% and various stop loss levels are hit.
-
By Mark O'Byrne |
March 9, 2011
Renewed fears over eurozone debt have seen the euro fall against most currencies and precious metals today. The yield on Greek 10-year bonds is approaching an alarming 13% after jumping to a new record high of 12.89% today.
-
By Mark O'Byrne |
March 3, 2011
Gold and silver have recovered somewhat from slight falls in Asia overnight. With geopolitical instability looking set to climb and possibility of a military confrontation in the Mediterranean, any sell off of precious metals will likely be tentative.
-
By Adrian Ash |
March 2, 2011
Prices for dollar investors to buy gold crept higher to reach a new all-time record Wednesday lunchtime in London, as crude oil rose further above $100 per barrel and world stock markets fell for the eighth time in nine sessions.
-
By Mark O'Byrne |
March 2, 2011
Gold's all time record nominal high yesterday was barely reported in most of the mainstream business and financial press today - slightly more online but there was little or no coverage in print.
-
By Jon Nadler |
February 28, 2011
Traders returning to work found largely the same conditions that they had left work amid on Friday; no resolution to the Libyan upheaval, continued weakness in the US dollar, and suggestions from various Fed 'factions' on changing US interest rates.
-
By Mark O'Byrne |
February 28, 2011
The paper-driven sell off in the gold market seen in January has been trumped by continuing robust physical demand in January and February. This has resulted in gold rising in February and silver's strong industrial and investment demand.
-
By Marketwatch |
March 9, 2010
China's appetite for gold as a way to diversify its foreign-exchange reserves is limited because of the metal's poor returns over the past 30 years.