web analytics

Gold extending gains into second day

On Wednesday’s session the Comex gold futures recorded good gains. The recovery move was caused by strong investors’ buying after the recent price...

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...

Mixed week for silver ahead

Investors took silver to its lowest level since the January 23 on Wednesday last week. Silver fell in line with gold, as mutual disappointment...

Where gold prices are headed by the end of 2011?

With only three weeks left until the end of 2011, investors, traders and market analysts are not certain on up to what level gold prices will reach.

Arizona’s Hard Currency: How Much Gold Might It Need?

How much gold & silver might Arizona, Utah and the other states now involved in hard-currency laws come to need...? ARIZONA is moving to allow...

Gold and silver in the week ahead

It was the expected slow start into last week, with many countries still out for the Easter holiday, and the market returned fully only on...

Silver outshone gold

Last week, silver extended its gains for the third consecutive week taking its cue from gold. The past year’s volatility had many investors reduce demand for...

Gold futures reached $1,410

Gold futures edged higher on Globex during Asia’s Tuesday morning trading, touching a high above $1,410 an ounce as global debt concerns continued to...

Top Silver Buyers

Central banks of countries classified as emerging markets are the biggest official silver buyers for the past year. In 2013, the overall net central...

Is the selloff in gold and silver temporary?

On Monday, both - gold and silver futures fell sharply due to a number of reasons. Analysts attribute the decline to media reports of...

HSBC upgraded its 2013 silver price forecast

The latest silver price forecast update of HSBC demonstrates positive expectations. The bank raised its forecasts for silver prices in 2013 and 2014. The...

Gold, precious metals fall sharp on economic uncertainity

Gold futures moved sharply lower on Tuesday as investors remain cautious. Budget talks in the U.S. appeared to have come to a deadlock, after...

Gold and silver extend gains on euro optimism

Gold and silver futures extended gains to a fourth session on Monday as market players anticipated central-bank action in both the U.S. and Europe....

Credit Suisse cuts gold price outlook for 2013 & 2014

On Wednesday, Credit Suisse cut its outlook on gold prices for this year and the next one. The bank expects Asian physical demand for...

Challenging Investment Climate for Precious Metals

Last week’s proceedings were dominated by strong selling pressure in most commodities. The collective economic data coming out of China, the US and Europe has...

HSBC Lifts 2013 Silver Forecast on Physical Demand

On Monday, HSBC lifted its average silver forecast for 2013, citing physical demand in Asia as a support for prices, although rising supply and...

Gold, silver aim to erase previous session’s losses

In electronic trading on Wednesday, gold and silver futures continue to climb, winning back losses logged in the previous trading session. Gold for June...

Gold prices on the way up, short term perspective

In early Monday afternoon trade in East Asia today,  benchmark Comex gold futures traded nearly 1% higher, as news reports say that Germany had rejected...