Tag: Gold
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...
Gold dives under $1,550
This Friday in European trading hours, gold futures declined further. In respond to the weaker US stock futures and stronger dollar, the yellow metal's...
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...
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...
Kaloti to build new gold refinery in Dubai
Dubai-based Kaloti Group has announced the ground breaking of one of the world’s largest precious metals and particularly gol refineries in the Jumeirah Lakes...
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 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...
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...
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...
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...