By Reuters For months Paulson's has stuck by his biggest single investment in the SPDR Gold Trust, the world's largest gold-backed … [Read more...]
Gold Warnings Surge as Banks Jump Off Bandwagon
March 7, 2013 by
By CNBC.com "For the first time since 2008, in our view, the investment environment for gold is deteriorating as economic recovery, rising interest … [Read more...]
Gold edges up to settle above $1575 an ounce
March 7, 2013 by
By MarketWatch SAN FRANCISCO (MarketWatch) -- Gold futures settled with a minor gain Thursday, with weakness in the dollar following the European … [Read more...]
Apparently you can't eat gold
March 7, 2013 by
By FT Alphaville Reflecting the scale of the change in sentiment — and confirming that there was indeed something of a choke level for gold at … [Read more...]
Comex Gold Gains With Euro as Investors Await US Jobs Data
March 7, 2013 by
By Wall Street Journal Gold futures Wednesday settled unchanged, capping a third consecutive session of largely sideways trading. Mixed U.S. … [Read more...]
How e-wallets could be a gold mine for credit card companies
March 7, 2013 by
By CNET They're secure and fast. And they are everywhere. So the credit card networks aren't going away anytime soon, which means digital … [Read more...]
Lionel Messi's left foot is solid gold
March 7, 2013 by
By Los Angeles Times A Japanese jeweler is selling a solid gold replica of soccer star Lionel Messi's left foot -- the one that has made the … [Read more...]
More banks bearish on gold as price flatlines in “spinning top” pattern
March 7, 2013 by
Wholesale prices to buy gold held around $1,580 per ounce on Thursday morning, trading in a tightening range as Asian and European stock markets crept … [Read more...]
Russia, Korea and central banks accumulate gold on dip below $1,600
March 7, 2013 by
Central banks are among the shrewd investors who buy gold bullion on dips. It was reported that South Korea bought 20 tonnes of gold last month … [Read more...]
Eating the Dow for breakfast with a side of gold
March 7, 2013 by
If you think there's any link between the rise of the stock market and the health of the economy, then you might want to double-check the Dow's value … [Read more...]
Dollar’s top, commodity’s bottom approaching
March 7, 2013 by
While I suspect this is probably the furthest thing from what most investors expect, I think the U.S. Dollar Index is very close to forming another … [Read more...]
"Tug of war" in gold as Asia buys physical and ETF investors sell
March 7, 2013 by
U.S. dollar prices to buy gold hovered around $1,575 per ounce Wednesday morning in London as dealers in Asia reported an increase in demand for … [Read more...]
Gold and silver bears keep control as bulls look for reason to buy
March 7, 2013 by
Gold futures prices are not straying far from unchanged in early U.S. trading Wednesday. Traders are looking for fresh news to drive the markets, … [Read more...]
Money is debt, gold is money
March 7, 2013 by
In the investing world, you can take a three-month view, a three-year view or a 30-year view. One person looking at one asset class might have a … [Read more...]
Dow down 50% against gold since last record Dow in October 2007
March 7, 2013 by
In gold terms the DJIA has fallen from above 18 to 9.05 today and this clearly shows how the DJIA is not a good barometer for the health of an economy … [Read more...]
Hope is fear gone bad for paper silver shorts
March 7, 2013 by
The price pattern in silver and gold remains intact. It shows that each time these precious metals are pushed below a key technical moving average, … [Read more...]
Gold investors need patience in medium-term
March 7, 2013 by
Recently investors were beginning to lose their staying power. But, in the past, it has often worked out that just as investors’ patience runs out, … [Read more...]
Gold finds bargain hunters on lower U.S. dollar
March 7, 2013 by
Gold futures prices are trading modestly higher in early U.S. trading Thursday. A lower U.S. Dollar Index has prompted some short covering and bargain … [Read more...]
"Flatlining" Gold Seen as "a Good Buy" as More Banks Cut Price Forecasts
March 7, 2013 by
...read more … [Read more...]
Gold importers wait for attractive price levels
March 7, 2013 by
By Reuters India MUMBAI (Reuters) - Gold importers in India, the world's biggest buyer, waited for attractive price levels ahead of the wedding … [Read more...]
PRECIOUS-Gold prices edge down as investors prefer riskier bets
March 7, 2013 by
By Reuters Macquarie, Nomura cut 2013 gold price forecasts. * Coming up: ECB, BOE rate decisions (Updates throughout, changes dateline, previous … [Read more...]
Paulson Gold Fund Down 18% as Metal's Slump Foils Rebound
March 7, 2013 by
By Bloomberg John Paulson posted an 18 percent decline in his Gold Fund last month as a slump in the metal, after more than a decade of gains, … [Read more...]
Why you shouldn't be selling gold
March 7, 2013 by
By MarketWatch (blog) However, one strategist took to the airwaves on Thursday to caution that investors may be playing with fire with a bet against … [Read more...]
Gold Declines for First Time in Three Days on U.S. Data, Dollar
March 7, 2013 by
By Bloomberg Gold snapped two days of gains as investors weighed mixed U.S. economic data against the potential for more stimulus measures from … [Read more...]
Gold gains with central bank meetings on tap
March 7, 2013 by
By MarketWatch SYDNEY (MarketWatch) — Gold futures gained on Thursday, ahead of two central bank meetings in Europe that could see support for … [Read more...]
Are the Clippers fool's gold or the real thing?
March 7, 2013 by
By Los Angeles Times I worry Charles Barkley might have the Clippers pegged correctly as "fool's gold." Good to know, though, Barkley has … [Read more...]
PRECIOUS-Gold struggles to pierce range; dollar pressures
March 7, 2013 by
By Reuters Shanghai-spot price spread narrows * Spot gold neutral in $1,564 and $1,589 an ounce - technicals * Coming up: ECB, BOE rate decisions … [Read more...]
Randgold CEO Sees Upside for Gold on Central-Bank Buying
March 7, 2013 by
By Bloomberg The gold market is showing signs of inelasticity, supply is tight and production costs are high, Chief Executive Officer Mark Bristow … [Read more...]
Watch Out Gold Bears, Don't Take On Central Banks
March 7, 2013 by
By CNBC.com "When you see central bankers acquiring gold, you can kind of take it like this: You don't fight in the stock markets when the Fed … [Read more...]
Gold Futures Gain for Third Straight Day on Stimulus Speculation
March 7, 2013 by
By Bloomberg Gold rose for the third straight day amid speculation that central banks will continue stimulus measures to boost growth. European … [Read more...]