Inflationary pressures likely to drive silver prices
Silver declined for the 5th consecutive week, as precious metals and commodities in general decreased in values on broader based risk-off sentiment.
“Silver fundamentals remain...
Gold likely to remain under pressure
Gold prices declined further on weekly basis as sentiment tended more towards risk. Trades were influenced by the passing of an austerity plan in...
Losses for silver short-sellers near infinite
The current setup is extremely bullish for silver price, according to Sprott Asset Management. Whatever froth and excess was present in the paper markets...
Crude Oil, Gold and Silver rise on weak Dollar
Crude oil prices climbed Wednesday as US inventories dropped unexpectedly last week. The Energy Information Administration reported on Wednesday, US Crude inventories fell 4.4M...
Silver Outlook: Neutral on the week with a slight bearish touch
A 155 cent down on the last week and the market starts to feel very tired. ETF redemption to the tune of another 5...
Gold Outlook: Neutral with a hint of bearishness
Gold is down 37.50 Dollars on the last week. The metal lost 3.8 per cent in 48 hours between FOMC on Wednesday evening and...
DGCX Indian Rupee Contract records highest ever daily volume
Daily Indian Rupee volume of 15,509 contracts on June 23, 2011, valued at US $ 688.52 million, is highest since launch of the contract
Total...
Gold tanked on dollar strength and crude selloff
Gold declined strongly this week following a slight rise in the week prior.
Gold was doing reasonably well until Thursday and Friday where the yellow...
Gold:silver ratio widening, at around 43.4
Silver fell to close the week below the $35–the lowest weekly since the week beginning February 28 as the white metal declined more than...
Outlook for precious metals remains bullish
Head of Precious Metals at Emirates NBD addresses Dubai Gold & Jewellery Group General Assembly
Emirates NBD serves as sponsor of annual event
Primarily as a...
Preparing for the next bull-run in silver?
Silver declined for the third consecutive week as broader commodity prices all declined. It also bucked the trend of gold, which garnered attention from...
Silver sales to hit a record on global demand
Silver coins' sales by the U.S. Mint is reported to be at their highest ever. May sales were even 30% higher than April's 2.819...
Gold may face another round of correction
Gold price bit a two-day decline as inflation in China and India accelerated and Greece’s sovereign- debt crisis degraded. Demand for precious...
Silver’s fortune still bullish
Silver prices advanced during the last week, despite gold slipping slightly, but still couldn't manage to reach the highs seen during the preceding two...
Gold prices outlook turns mildly bearish
Gold prices declined last week breaking its run of weekly gains that started in the middle of May.
The metal valuations it seems to have...
Gold:silver ratio stands at 42.9 and widening
Silver fell back last week, erasing most of the gains made the week before and ending down nearly 6%.
This was quite a drop, despite...
Gold demand to remain strong in 2011
Gold prices had held up reasonably well amidst the overall sell off in commodities since April. A short-term break could be on the cards,...
Gold gained 0.3% for the week, Silver lost 4.4%
Gold futures climbed on Friday after a report indicated U.S. employers last month added the slightest number of jobs since September, prompting buying in...