Gold market update for Friday, April 12. Gold is down sharply this Friday, dropping by over $70 per ounce. It's headed for a 5% drop on the week, and … [Read more...]
Gold sinks 4%, logs lowest close since July 2011
April 12, 2013 by
Gold market update for Friday, April 12: Gold has officially entered "bear" territory as its dropped to its lowest level since July 2011. For the … [Read more...]
Gold Prices Drop Below £1000, ECB’s Draghi Gives OK to Cyprus Gold Sale – 12 April 2013
April 12, 2013 by
Gold/silver market update for Friday, April 12: Gold is down sharply this Friday, officially entering bear territory in dollars. Several events are … [Read more...]
Gold’s irreversible trends driving it to $10,000
April 12, 2013 by
Summary: Despite gold's entry into bear market territory this morning, there's plenty of evidence that the yellow metal will skyrocket in value. … [Read more...]
Silver is Following its 1970s Pattern
April 12, 2013 by
Summary: Despite the bearish sentiment on silver right now, it's still holding about the critical support level of $26. If we compare today's market … [Read more...]
Chile halts construction of huge gold mine
April 12, 2013 by
By AFP SANTIAGO — A Chilean court suspended construction of what would be one of the world's biggest gold mines, accepting a complaint filed by … [Read more...]
The rise of the bitcoin: Virtual gold or cyber-bubble?
April 12, 2013 by
Bitcoin is an alternative currency service that's taking the world by storm. Following the crisis in Cyprus, it's seeing even more activity. Since its … [Read more...]
If Cyprus can sell gold to help bailout, why not others?
April 11, 2013 by
By Economic Times LONDON: Heavily indebted euro zone nations such as Italy and Portugal could come under pressure to put their bullion reserves to … [Read more...]
One Gold Bug Sticks to Bullish Views
April 11, 2013 by
By Wall Street Journal (blog) Amid all the negative chatter recently surrounding gold — and the big price decline — one firm is sticking to its … [Read more...]
West Africa: Still early days with lots of potential for gold miners
April 11, 2013 by
West Africa is unknown to many investors but it has a long history of mining, good infrastructure, favorable geography, many active producers and huge … [Read more...]
Charts to provide perspective for gold bulls
April 11, 2013 by
Most chartists use daily or weekly charts. Few look at monthly charts. I don’t know of anyone (myself included) who pays any attention to quarterly … [Read more...]
Gold ETF growth slows to 18 per cent in FY13
April 11, 2013 by
By Economic Times MUMBAI: The growth of assets under gold exchange-traded funds (ETFs) in India slowed to 18 per cent in the fiscal year ended March … [Read more...]
Gold hits 1-week low as funds sell, Cyprus plan weighs
April 11, 2013 by
By Economic Times Gold fell to its lowest since April 5 at $1,553.10 an ounce and then recovered to $1,557.81 by 1032 GMT, broadly flat on the day. … [Read more...]
Gold price starting to lose its lustre
April 11, 2013 by
By Sydney Morning Herald You wouldn't call it a consensus yet, but there is a growing body of opinion that the great gold price boom is a … [Read more...]
A primer on Bitcoin economics: Internet's “gold standard” prone to wild price …
April 11, 2013 by
By Washington Post In essence, Bitcoin is similar to the “gold standard,” the monetary system in force before modern central banking started to take … [Read more...]
MCX Silver may trade sideways to bearish support 51000
April 11, 2013 by
and ldquo;The commodity has support at 51000, below which it may test 50500 even as resistance is there at 51600 level. Above that level it may test … [Read more...]
Gold & silver "take a beating" from Goldman Sachs, the Fed & Cyprus sales plan – now denied
April 11, 2013 by
The wholesale price of gold rallied from one-week lows against the Dollar on Thursday morning, but continued to fall for UK and Euro investors, … [Read more...]
Gold's irreversible trends driving it to $10,000
April 11, 2013 by
The long-term “irreversible” trends continue to develop. Many of the trends, such as debt creation and the movement away from the U.S. dollar, are … [Read more...]
Cyprus denies gold sale — debtors sell gold; creditors buy
April 11, 2013 by
In Europe, Cyprus has denied the plan to sell its very small gold reserves of 13.9 tonnes as a contribution to an international bailout. ...read more … [Read more...]
Gold Price "Takes Hard Tumble" But Cyprus Denies Reserves-Sale Plan, Chinese Demand "Ignores Negativity"
April 11, 2013 by
...read more … [Read more...]
Gold and Silver Outlook for April 10
April 11, 2013 by
By Business Insider The prices of gold and silver changed course and rallied yesterday along with other commodities such as oil and the major “risk … [Read more...]
Gold may hit support levels of USD 1525/1520: Karvy
April 11, 2013 by
By Moneycontrol.com Gold may hit support levels of USD 1525/1520: Karvy. Karvy Commodities Broking · More about the Brokerage... Source: … [Read more...]
Gold, Long a Secure Investment, Loses Its Luster
April 11, 2013 by
By New York Times Below the streets of Lower Manhattan, in the vault of the Federal Reserve Bank of New York, the world's largest trove of gold … [Read more...]
Projecting the Gold Cup roster
April 11, 2013 by
By ESPN (blog) At the same time, the Gold Cup will be Klinsmann's last chance to take an extended look at bubble players who couldn't … [Read more...]
Gold, silver prices spurt ahead of 'Navratras'
April 11, 2013 by
By Economic Times Sentiments improved further after gold rose to near one-week high in global markets as optimism that stimulus around the world … [Read more...]
Barrick Gold drops on report Chile project halted
April 11, 2013 by
By MarketWatch TORONTO--Barrick Gold Corp. (NYSE:ABX) opened down about 3.3% in Toronto Wednesday after reports that a Chilean court has suspended … [Read more...]
Greece: Police station attacked in gold protest
April 11, 2013 by
By Businessweek THESSALONIKI, Greece (AP) — Protesters in northern Greece attacked a police station Wednesday, throwing office files and furniture … [Read more...]
Gold drops on Cyprus bullion sale plan
April 11, 2013 by
By Economic Times Gold slipped to session lows on Wednesday, pressured as European Commission documents showed Cyprus plans to sell 400 million … [Read more...]
Gold drops on speculation Fed could pull support
April 11, 2013 by
By Boston.com NEW YORK (AP) — Gold prices slumped Wednesday on speculation that Federal Reserve officials could start pulling back on support for … [Read more...]
The irreversible trends driving gold to $10,000
April 10, 2013 by
The long-term “irreversible” trends continue to develop. Many of the trends, such as debt creation and the movement away from the U.S. dollar, are … [Read more...]