Tag: Gold
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...
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...
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...
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...
Gold inches up on positive Chinese economic data
This Monday in European trading time gold futures climbed higher. The contacts went further off two-week low recorded the last session. On Friday the...
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...
Gold rebounds as economic data signals weak global recovery
Gold rose in the early Asian trading on the first day of the week. The commodity almost took its losses from the past Friday's...
Rusty Old Tin Can of Gold
Gold has turned, apparently. Leveraged speculators in the futures market said so...
"To HOARDERS and speculators," says Time magazine, "gold lately has had...
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...
First global distributor of UAE Gold Bullion Coins Announced
The Dubai Multi Commodities Centre (DMCC), a Government of Dubai Authority, announces that Emporium Hamburg Coin Trading Company, part of the Emporium Group, is...
Gold futures aimed at loss recovery
In the first day of this trading week gold futures gained back in Asian time. Investors gave back by pushing back the low last...
Current gold prices may constitute a buying opportunity
Notable events this past trading week
Europe:
Moody’s has cut the rating of the UK from AAA to Aa1.
The budget gap from Spain for 2012...
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...
Gold futures loosing ground
On Thursday gold futures declined further in Asian trading hours. The commodity price lost almost $20 per ounce. It seems, investors are loosing interest...
Gold inched higher for first time in a week
Last Friday gold went to on a solid downward ride. The price of the yellow metal fell by $26 to the mere $1,598.23 per...