Gold is higher in most currencies today except the Japanese yen. Gold surged over 3% to 0.149 million yen per ounce yesterday as markets shuddered due … [Read more...]
Gold falls as funds pull out of the market
April 5, 2013 by
The sell-off in precious metals gathered pace this week into what is often called capitulation. Money-managers (hedge funds) cut their long gold … [Read more...]
'Fists of Gold' Boxing Match Fires Up China
April 5, 2013 by
By Wall Street Journal Saturday's fight featuring Zou Shiming—China's first Olympic gold medalist in boxing—will be the most-watched … [Read more...]
Gold edges down, traders eye US jobs data
April 5, 2013 by
By Economic Times MUMBAI: Gold traded a tad lower on Friday, still near the lowest level in ten months, weighed by a stronger rupee, with traders … [Read more...]
Gold hits 10-month low despite Japan stimulus, hopes for ECB cut
April 5, 2013 by
By Economic Times NEW YORK: Gold fell for a third straight session on Thursday, hitting a 10-month low as unprecedented monetary stimulus from the … [Read more...]
Gold holds above 10-month low, US jobs data in focus
April 5, 2013 by
By Economic Times LONDON: Gold held above $1,550 on Friday, as the dollar steadied and European shares dropped ahead of U.S. jobs data which should … [Read more...]
Gold stays near 10-month low, US jobs data in focus
April 5, 2013 by
By Economic Times Strong employment data could prompt the U.S. Federal Reserve to end its bullion-friendly bond-buying programme earlier than … [Read more...]
Drop in Gold Prices “Exaggerated”, Support Level “Will Need to Break Before We See Another Big Move Down”
April 5, 2013 by
Gold market update for Friday, April 5th. In early morning trading in London, gold creeped back to $1556, which is off its 10-month low seen on … [Read more...]
Gold Imports by India Seen Climbing as Bullion Nears Bear Market
April 5, 2013 by
Summary: On the heels of 10-month lows in the gold market, imports to India may jump 31% in the next quarter. Gold demand in India may jump to a … [Read more...]
Gold Traders Split With Bullion Nearing Bear Market
April 5, 2013 by
Summary: A recent survey of market analysts shows attitudes are evenly split on where gold is going for the remainder of 2013. Of the 27 participants … [Read more...]
NM to treasure hunters: You can't dig for Fenn's gold, and if you find it, you …
April 5, 2013 by
By Washington Post ALBUQUERQUE, N.M. — A collection of gold and jewels that a Santa Fe antiquities collector says he stashed in the mountains north … [Read more...]
Gold Fields mines in Ghana idled by strike
April 5, 2013 by
By BDlive Last November, Gold Fields spun off two of its mines in South Africa — Beatrix and the Kloof and Driefontein Complex into Sibanye Gold, … [Read more...]
Gold Nears Bear Market on Global Recovery: Commodities at Close
April 5, 2013 by
By Bloomberg The Standard & Poor's GSCI gauge of 24 commodities declined 1.3 percent to 630.6 by 5:07 p.m. in London. The UBS Bloomberg … [Read more...]
Gold Trims Losses as Weaker Dollar Offers Support
April 5, 2013 by
By Wall Street Journal NEW YORK--Gold futures ended slightly lower Thursday, paring earlier losses as the dollar weakened and helped cushion … [Read more...]
Gold Slumps Toward Bear Market as Investors Cut Holdings
April 4, 2013 by
By Businessweek Global holdings of exchange-traded products backed by gold are down 7.4 percent this year, data compiled by Bloomberg show. Prices … [Read more...]
Gold hits 10-month low on dollar ahead of ECB meeting
April 4, 2013 by
By Economic Times There was further liquidation of gold-backed ETFs on Wednesday, with holdings of the largest, New York's SPDR Gold fund … [Read more...]
Gold hits 10-month low on selloff to cover equity losses
April 4, 2013 by
By Economic Times Tokyo gold futures declined as much as 2.1 percent before paring some losses as the weaker prices ignited buying from speculators … [Read more...]
Gold may fall to $1450/oz in medium-term: Fat Prophets
April 4, 2013 by
By Moneycontrol.com Apr 04, 2013, 06.38 PM IST. Gold may fall to $1450/oz in medium-term: Fat Prophets. David Lennox, Analyst ,Fat Prophets · … [Read more...]
PRECIOUS-Gold hits 10-month low despite Japan stimulus, hopes for ECB cut
April 4, 2013 by
By Reuters Liquidation in gold exchange-traded funds hits bullion * GFMS points to start of longer-term bear market in 2014 * Coming up: U.S. March … [Read more...]
FDR's gold confiscation, 80 years on
April 4, 2013 by
"I, Franklin D Roosevelt...do declare that said national emergency still continues to exist and...do hereby prohibit the hoarding of gold..." ...read … [Read more...]
Happy 80th Birthday to Gold Confiscation
April 4, 2013 by
Quantitative easing 1933-style with FDR and the threat of 10 years in prison...read more ...read more … [Read more...]
Gold drops sharply on stop losses and big fund sales
April 4, 2013 by
The price of gold extended its worst two-day drop vs. the dollar since June last year Thursday morning in London, falling as low as $1,540.50 per … [Read more...]
BOJ, ECB, Fed and BOE continue to debase
April 4, 2013 by
While gold is lower in dollars and in most currencies today, it is sharply higher in Japanese yen after the BOJ announced the continuation of … [Read more...]
Gold Price "Could Target $1308 If Big Support Fails" Says Analyst as Japan Prints $1.4 Trillion in New QE to Kill Deflation
April 4, 2013 by
...read more … [Read more...]
PRECIOUS-Gold hits 9-month low as crude and equities slump
April 4, 2013 by
By Reuters Gold down more than 1 pct in commodities selloff * Bullion briefly below $1,550/oz, hits weakest since June * Safe-haven bids absent on … [Read more...]
Gold Bugs Had the Best Monetary Rule
April 4, 2013 by
By Bloomberg Ever since the U.S. severed the last remnant of the dollar's link to gold in 1971, economists have been searching for a new rule … [Read more...]
Gold decline continues
April 4, 2013 by
By Sydney Morning Herald Gold extended losses for a third day, nearing a bear market after 12 years of gains, on concern that investors are seeking … [Read more...]
Howard squandered pre-GFC gold: Gillard
April 4, 2013 by
By The Age Prime Minister Julia Gillard has attacked the former Howard government for squandering the rivers of gold flowing before the financial … [Read more...]
PRECIOUS-Gold hits 10-month low on dollar ahead of ECB meeting
April 4, 2013 by
By Reuters LONDON, April 4 (Reuters) - Gold hit a 10-month trough below $1,540 an ounce on Thursday, matching a similar drop in other commodities … [Read more...]
PRECIOUS-Gold hits 10-mth low on selloff to cover equity losses
April 4, 2013 by
By Reuters Gold to test support at $1,546 -technicals * Coming p: U.S. Weekly jobless claims at 1230 GMT (Updates prices, activity in Tokyo) By Lewa … [Read more...]