Tag: Gold
Investment in gold is timeless
Gold is perhaps the world’s most liquid investment trading throughout the world daily. The market never closes and you can buy and sell the...
Oil may climb to $140, gold to $1,500 an ounce
Francisco Blanch, global head of commodities research at Bank of America-Merrill Lynch, talks to Bloomberg about the outlook for gold and oil prices. In...
DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts
February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...
Gold and silver at record heigh
Gold futures settled at a record high Tuesday, driven by concerns about the civil unrest in North Africa and parts of the Middle East,...
EUR Dives from Investor Pessimism
The euro's downturn against its rivals yesterday was brought on at the start of this week's trading by reduced optimism regarding the EU rescue...
Gold reaffirmed itself as a legitimate investment class
Gold closed lower again last week following a large decline the week before, although longer term safe haven demand continues to effect gold buying...
US Dollar gains from reduction in US federal deficit
A positive element to emerge from yesterday's economic events from the United States was a reduction in the Federal Budget Balance, from a deficit...
Dollar weakness continues during the week
The euro came off its New Year's low following a rise in equities and a decision by Japan to buy European bonds that were...
Gold, silver, palladium and platinum rallied as European Concern spurs Haven...
Gold, silver, palladium and platinum rallied from the biggest weekly drop since May as concerns that Europe’s sovereign-debt crisis may worsen spurred demand for...
Gold Short Term Perspective
After a fairly dull week leading up to Christmas, Gold ended the year with some solid buying as it recovered more than $40 (or...
Gold extends rally to reach record high
Gold climbed to record settlement territory on uncertainty about European sovereign debt and the potential for more U.S. dollar weakness.
Gold for February delivery, the...
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...
Dubai Gold & Commodities Exchange Weekly Market Commentary
The Weekly Market Commentary from DGCX is providing a snapshot of what’s happening in the energy, precious metal and currency futures markets.
In the final...
Gold surges past $1,360
Spot gold prices hit a fresh record of $1,362.58/oz this morning, the ninth record in ten sessions for the yellow metal. The shiny...
Commodities Weekly Overviews report from DGCX
Gold and silver prices have been trying to forcefully break above $1,260 and $20 over the past couple of weeks. At these historically high...
Gold prices still on track to $1500/oz, according BofA Merrill Lynch
BofA Merrill Lynch Global Research maintains it's 18-month $1500/oz target on gold in recent report, titled, "BofA ML Commodities - Global Metals Weekly".
As it was discussed in October...
Gold price touched its lowest level in seven weeks
Gold futures ended 1% lower on Tuesday, as the Euro strengthened and stocks advanced. The price reached below $1,200 an ounce for...