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 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...
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 on a recovery path after a steep weekly slide
On Monday so far, gold futures advance following data showing market participants expect prices for the precious metal to rebound in the coming weeks....
Gold, silver investors decrease short and long positions
Economic Background
Europe
The political situation in Italy is getting more and more difficult. Both candidates for the Presidency of Italy, Romano Prodi as well as...
Silver price damaged by gold market’s slump
The current silver market development can be attributed to violent price actions. The last session ended with spot silver settling at $23.28 per ounce....
Investment banks revised forecasts worry precious metals producers
Precious metals producers review expenditure, assess future exploration projects
Gold mining stocks were under heavy selling pressure last Monday, while gold prices remain in the...
Take latest gold forecast downgrades with a pinch of salt
On Tuesday, Morgan Stanley said in a note that the fundamentals of the bull market for gold appear to be eroding. At this point...
Gold and silver prices crushed; Opportunity for investors presents
Gold prices have suffered their sharpest fall since the 1980s yesterday, closely followed by silver. This development was caused by fears among investors that...
Cyber Monday for Gold and Silver Traders
Gold futures tumbled by more than $110 on Monday so far, deepening their descent after officially entering bear-market last week. Prices for industrials metals...
Gold under considerable pressure
Gold market has officially slid into a bear market
Economic Background
Europe
The 17 member states of the Eurozone agreed to a seven year loan repayment extension...
Big Money Managers Bearish on Gold
During the past few weeks, a number of large international investment banks issued reports or sent notes to investors in which all of them...
Goldman Sachs latest gold price forecast cut caused by reversing cycle
The turn in the gold price cycle is accelerating after a 12-year rally as the economy gradually recovers in the U.S., according to Goldman...
Silver prices jumped along stronger euro
Silver reached its highest level in more than a week yesterday. The rebound was triggered mostly by the recent strength of the euro. The...
UBS lowers 2013 gold price forecast; Maintains 2014 forecast
On Tuesday, UBS said it has lowered its gold price forecasts for 2013. The bank cites the yellow metal's weakness since the beginning of...
Spark could ignite fresh fundamental buying in gold, while silver technicals...
Economic Background
Europe
The European Central Bank (ECB) leaves the key interest rate unchanged at 0.75 per cent.
The Bank of England (BoE) does not increase Quantitative...
Gold extends loses on Friday despite weak recovery
On the last day of the trading week, gold futures tumble further. The decline came before the anxiously expected US unemployment report for March.
In...
Societe Generale marks the end of gold era with a forecast...
Societe Generale came up with a new 27-paged special analysis report on gold prices. The titled of the analysis is called "The End Of...