Tag: Gold Price
Gold soars on steep declines in global equities
Gold price edged sharply higher in on Monday. February gold advanced $16.70, or 1.6%, to trade at $1,076.90 an ounce on Comex. If prices...
Gold Price May Tumble to $800 an Ounce
Gold prices on Wednesday suffered through its 10th down day in a row, and plenty of the precious metal’s detractors have been speaking up...
Investors View Gold as Opportunistic Short-term Investment in Specific Markets
During the first three months of 2015, commodity net inflows reached roughly $7 billion, strongest level in 2.5 years, but Barclays’ analysts doubt the...
Gold Price Increase Gathers Pace as Interest Rates Hike Seem More...
Gold futures edged higher on Wednesday as traders await minutes of the U.S. Federal Reserve’s April meeting for clues on interest-rate policy. Most Fed...
Central Banks, Asian Consumers Remain Committed Gold Buyers
Asian consumers and global central banks continue to act as a long-term underlying support to the gold market with on-going physical demand. The latest...
Gold price in 2014 would likely remain stable
As 2013 looks set to close on a negative note for gold. Market analysts are forecasting another lackluster year of performance for the yellow...
Friday’s Sell-off Doesn’t Spell Good News For Gold
December gold futures fell 3.19% last Friday, settling at $1,332.50 an ounce on the Comex division of the New York Mercantile Exchange. Futures prices...
High Gold Price Comeback
Gold price touched $1,420 an ounce last week, a three-and-half month high, as escalating tensions in the Middle East, volatile currency markets and renewed...
Gold Prices to Look for Direction from Data Flow in the...
On Friday, gold futures dropped by nearly $40 an ounce on the back of a bigger-than-expected climb in new U.S. jobs last month. This...
Global Gold Demand Reinforced by Asian Consumers
The World Gold Council published a market update recently, which examines the effect of the recent fall in the gold price. The report also provides...
Global Economy & Gold Price 2014 Outlook
Here is the most recent commentary of Jim Rogers on global economy and gold price outlook for 2014.
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...
Why you need to wait to buy gold jewelry?
Gold jewelry will be much cheaper in few months, precisely in the summer, as price of gold would decline up to $1200-$1300 per once.
Gold...
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...
Major Financial Entities Remain Bullish on Gold
Morgan Stanley, UBS and BofA see higher gold prices later in 2013
Over the past few months, the economic environment influenced gold prices in...
Goldman Sachs cuts gold price forecast for 2013
Goldman Sachs cut its gold price forecast for this year, saying while the latest sell-off is "likely excessive," it has "exposed a quickly waning...
Bearish Gold Prices Worry Investors
Gold has been on a bullish ride over the past ten years. But this week we saw the commodity falling to its lowest levels...