Tag: Gold Price
Gold will suffer further losses
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Gold‘s persistent rise finally slowed significantly last week as record highs were broke on Monday and Tuesday, to hit $1913.50.
However, a major...
Gold‘s uptrend to continue with slight corrections
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Gold continued advancing last week to reach to record highs and soared a little under $40 on Tuesday amid rising concerns...
New precious metal boom or large correction?
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Gold advanced further for third week in a row, but the increase is minor when compared with the gains made in the...
Gold hit a record high as market sentiment buoyed up
Market sentiment buoyed up as Chinese macroeconomic data surprised to the upside, temporarily overshadowing ongoing debt problems in the Eurozone.
Spot gold hit a record...
Gold settles at record high of $1,562.30 an ounce
Gold futures topped a six-session winning streak with a nominal record Tuesday, defeating a shaky start with support from ongoing worries about the euro-zone...
Gold advanced impressively, Sprott bullish
Gold advanced impressively last week, spurred higher by negative employment data from the US on Friday.
In weekly terms, gold price rose nearly 3.5%, breaking...
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...
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...
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...
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...
Strong summer ahead of gold prices
Traditionally, gold tends to take a bit of a breather during the summer season but this year might be a little different. The metal...
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 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...
Gold Bulls on the rise, Goldman
The proportion of Middle East based investors interested in gold appears to be increasing substantially, according to Goldman Sachs Asset Management Chairman Jim O'Neill.
O’Neill,...
Gold to test brand new highs; Silver volatile
A strong rally by the end of the last week and persistent concerns about the Eurozone sovereign debt issues are expected to maintain gold...
Commodities, gold, silver rebound
Gold futures on Tuesday closed above $1,523 an ounce for the third time in a row, settling at their highest since May 3.
Gold for...
Precious metals rebound; Silver up nearly 5%
Precious metals recovered on Monday morning, after commodities’ plunge last week. Silver futures advanced nearly 5% and gold topped $1,500 an ounce, as investors...
Correction in gold and silver went too far
Silver hit a string of 31-year highs for most of the year, but the rally ended abruptly last week, when repeat margin-requirement increases squeezed...