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...
Gold and silver fell sharply on a flow of positive economic...
Late Tuesday the price of precious metals edged down by more than 1.5%. This was the largest one day decline in more than a...
Gold extends gains, while silver fell further
On Tuesday gold advances for a second day. Gains came after data the dollar fell due to weak US data. The disappointing numbers...
Silver is steady while prices could have bottomed out
During the last trading session, silver contracts demonstrated rather a weak performance. The silver contract for delivery in May fell by 0.72 % to...
Gold trades flat with better prospects for Q2
On the first day of April, gold was little changed below $1,600 per ounce. The metal traded flat as the euro weakened on constant...
Silver fell along with the euro
During the early trading session on Wednesday, the silver market fell. Later it managed to bounce off of the $28.00 threshold in order...
Cyprus bailout keeps gold prices above $1,600 threshold
On Thursday gold stands firm above $1,600 per ounce. The steady price is supported by worries that Cyprus bailout deal could turn into...
Gold May Reach $2400 in 2-3 Years, Says Expert
Mark O'Byrne, executive director of Goldcore Ltd., talks about the outlook for gold and the U.S. dollar. He speaks from Dublin with Francine Lacqua...
Gold is losing its luster
Over the past six months gold has been struggling to maintain price levels expected from market players. Therefore, most investors are wondering if it...
Gold could continue to be under pressure
Economic Background:
Europe
US
The housing starts for February rebounded 0.8 per cent, following a drop of 7.3 per cent the prior month.
The FED left policy rates...
One More Bank Cuts Gold Price Forecast
On Wednesday, Societe Generale revised on the downside its 2013 gold price forecast and respectively silver among precious metals. Among the base metals, the...
Yet another bank lowers gold price forecast as downside risks grow
Barclays Capital has reduced its gold price forecast for 2013 to USD 1,646 per oz from USD 1,778 per oz. The bank also lowered...
Top 10 Diamond Mining Companies for 2012
1. Russia: Mirna Mine
Mirna Mine is the largest diamond deposit in Russia and one of the largest in the world. The mine is one...
HSBC Revises Gold Forecast, Remains Bullish
On Monday, HSBC revised its outlook on gold prices for 2013 and 2014, but reiterated its bullish view on the yellow metal.
The bank cut...
Silver trades flat despite Euro debt concerns
Silver performance was rather weak during the last week. The white metal kept its price volatility in the lower range. A number of economic...
Cyprus bailout pushed gold futures to a three-week high
This Monday in European trading gold futures reached a three-week high. A problematic bailout plan for Cyprus brought back the concerns over the sovereign...
BNP Paribas cut down its silver price forecast for 2013 and...
BNP Paribas revised last week its silver price forecast for 2013 and 2014. This change in expectations is on the back of the precious...
BofA revised its gold price forecast for 2013 and 2014
Bank of America Merrill Lynch cut down its gold price forecast for 2013 and 2014. The outlook update was on the back of US...