Silver might have the strength to break through to new highs
Market sentiment towards silver had a touch of the bi-polar disorder last week as risk appetite swung from each extreme, sending silver and other...
Gold will suffer further losses
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Gold‘s persistent rise finally slowed significantly last week as record highs were broke on Monday and Tuesday, to hit $1913.50.
However, a major...
Gold drops sharply on positive data
Gold price dropped sharply Wednesday after a surprisingly positive data released in the US.
Gold futures for December delivery lost 5.1%, or $95.80, to settle...
Strong season for gold to start by month end
Last week was another astonishing week for the yellow metal, as it ended all of the five sessions on a positive note, with Thursday...
Silver is the better Buy
Silver declined for the third straight week, despite gold soaring to a record high, which incidentally widens the gold:silver ratio to 44.9.
Silver has traded...
Gold’s bull run may turn into a multi-month consolidation
It has been an incredible week for gold, as it climbed higher and higher on market jitters to finish the week with a light round...
Gold futures up $52, trade over $1,700 an ounce
On Monday, gold futures continued to climb through the Asian trading session. The contract was up $52.00 to $1,703.80 an ounce.
During the session, it...
Silver rose 19% in a month
Silver made impressive gains last week to close at its highest level since early April, when it was soaring higher towards its record level.
During...
Gold‘s uptrend to continue with slight corrections
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Gold continued advancing last week to reach to record highs and soared a little under $40 on Tuesday amid rising concerns...
Gold may settle at around $2,400 an ounce
Adjusted for inflation, gold would have to settle somewhere near $2,400 an ounce to supplant a record around $850 an ounce reached in January...
Sell-off in silver highly unlikely, but not to be ruled out
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Silver ranged sideways most of the time last week, managing to post a gain of around 15 cents.
The weekly chart for...
New precious metal boom or large correction?
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Gold advanced further for third week in a row, but the increase is minor when compared with the gains made in the...
Accumulating metals seems to be the safest bet
Silver posted another impressive weekly gain as it climbed a further 5.5% to reach a high of near $39.30, just short of resistance at...
Is Gold ready for Correction?
The yellow metal rode the wave of macroeconomic woes last week to set a new all-time high close to $1,595 as it added...
Gold hit a record high as market sentiment buoyed up
Market sentiment buoyed up as Chinese macroeconomic data surprised to the upside, temporarily overshadowing ongoing debt problems in the Eurozone.
Spot gold hit a record...
Gold settles at record high of $1,562.30 an ounce
Gold futures topped a six-session winning streak with a nominal record Tuesday, defeating a shaky start with support from ongoing worries about the euro-zone...
Silver broke five weeks losing streak
Last week, silver finally broke its five weeks streak of losses to post a striking gain of over 7%, as controversy returned to the...
Gold advanced impressively, Sprott bullish
Gold advanced impressively last week, spurred higher by negative employment data from the US on Friday.
In weekly terms, gold price rose nearly 3.5%, breaking...