Metals Gain; Gold Boosted by ‘Flight to Safety’
“It seems as if the confidence in gold as a safe-haven asset is returning,” said one asset manager quoted by Bloomberg, after gold and silver futures gained 2.2% and 1.1% respectively on Monday. He...
View ArticleMetals Cool With Ukraine Tensions
Silver and gold futures retreated about 1% on Tuesday as Russian President Putin was seen cooling tensions over Ukraine, saying at a press conference that using military force would be “absolutely the...
View ArticleMetals Lifted By Dollar Drop, Crimea Vote
Gold and silver gained 1% and 1.3% respectively on Thursday, after the ECB left interest rates unchanged, sending the euro to its highest level this year against the dollar, and the Crimean Parliament...
View ArticleYellen, Fed Rattle Markets
The Federal Reserve’s FOMC said in a statement on Wednesday that it will continue to taper its bond-buying program, and Fed Chair Janet Yellen suggested in a press conference that interest rates could...
View Article: ‘How Gold has Stomped the Competition’
“After a 28% price plunge in 2013, the worst since at least 1984, analysts weren’t expecting much from gold this year,” begins MarketWatch’s annotated slideshow on how “Gold is beating nearly every...
View ArticleGold: 6 Weeks . 6 Years
With gold and silver both off a fraction of a percent on Thursday, and gold closing below $1,300 for the first time in six weeks, MarketWatch reports that gold’s drop was attributed to modest GDP...
View ArticleFundamentally Golden
With gold and silver futures falling a fraction of a percent on Monday in what was described as “quiet trade,” Peak Prosperity’s Chris Martenson turns up the volume in laying out “The screaming...
View ArticlePaper Gains Slow; Bullion Sales Grow
Gold and silver futures added a fraction of a percent on Wednesday, with gold benefiting from “some mild short covering and bargain hunting,” according to one analyst cited by Coin News, which also...
View Article‘Dark Side’ Seen as Bright Spot for Silver Prices
“There is an insidious Dark Side to the silver mining industry that goes unnoticed by the majority of investors and analysts,” according to the SRSrocco Report‘s Steve St. Angelo. Based on his...
View ArticleEagle Buyers Flock to Silver
The U.S. Mint sold more Silver Eagles in one week than Gold Eagles in three years reports Steve St. Angelo, based on the 1.9 million-plus Silver Eagles sold from May 6th to 13th….As I mentioned in my...
View ArticleIndian ‘Taper’ Would Be a Gold-Friendly One
Gold and silver futures settled up, but by less than $1 on Monday, with gold seen supported by a dollar dip and the prospect that India’s newly elected government will relax import restrictions....
View Article‘Sharp Move’ Seen for Gold, but Which Direction?
Although gold and silver inched up as the Dow suffered its worst Tuesday in seven months, the metals are still seen as being capped around $1300 and $20. But according to GoldCore’s Mark O’Byrne,...
View ArticleFed’s ‘Intention’ Can’t Keep Metals Down
Gold and silver ended off a fraction of a percent in the regular trading session Wednesday, and initially fell further when the minutes from the Fed’s FOMC meeting at the end of April were released....
View ArticleIndia Gives Bullion ‘Major Breather’
Silver and gold futures rose 0.9% and 0.5% respectively on Thursday, with gold’s gain attributed to India’s central bank easing some gold import curbs in what was seen as “a major breather to the...
View ArticleCan Low Prices ‘Cure’ Gold and Silver?
With gold and silver ending a bad week on a low note, during what is seen as an “historically weak period for precious metals,” one trader tells MarketWatch that gold’s “current price weakness seems...
View ArticleChina and India Seen Outconsuming Mined Gold
In an interview last December, Bloomberg‘ precious metals analyst Kenneth Hoffman spoke of London’s gold vaults being “virtually empty,” with the gold having been sent to Switzerland, “where it has...
View ArticleStock Gains Trump Europe Concerns—For Now
With gold and silver inching up on Monday, Bloomberg quotes one trader as saying that while “Worries about Europe are bringing in some safe-haven buying” of gold, prices will “remain range-bound as...
View ArticleGold Slips as Iraq ‘Stabilizes’
Metals split the difference on Tuesday, with silver inching up and gold off a hair on what was perceived as a combination of profit taking, Wednesday’s FOMC finale — which is said to have ‘spooked’...
View ArticleSilver Takes Quarter; Gold Wins Half
After spot gold and silver added a fraction of a percent on Monday, silver ended up 7% for the quarter, its highest gain in three quarters, reports Reuters, and gold gained about 3.5 percent on the...
View ArticleGold Market Analyst: ‘U.S. is Out Of the Game Right Now’
With gold and silver futures ending down a fraction of a percent on Monday, a Bloomberg report attributes gold’s drop to predictions by some banks that the Fed will raise interests earlier than...
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