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Gold likely to advance on demand

Last Friday gold ended at $1730.67 per ounce, $6 down for the day. By now, the yellow metal added $3.19 per ounce to $1,734.10...

Gold prices recover tentatively

Most of the first week of October, spot gold prices have been range bound, after experiencing wild volatility swings by the end of the...

2013 Outlook for Gold Less Bullish

Market analysts are cautiously optimistic about the direction of the price of gold in 2013. Gold can hit  $2,000 per ounce next year or...

BofA Merrill Lynch Fund Manager Survey finds sentiment moving against...

Investors expressing preference for corporate over sovereign risk Investors have recovered their bullishness towards equity markets but are shifting their focus away...

Silver falls sharp in a disappointing downtrend

Last Friday, December silver settled at $32.097 an ounce. The white metal finished 4.7% down on the week. Earlier, silver price climbed on the back...

Gold, silver hold amid economic uncertainty

The news with the stronger affect on the international market came from the Euro Zone today, where European financial ministers were unable to resolve issues. A...

Gold climbs on Australian dollar gains

Today so far, the Australian dollar added 0.2 percent to $1.0424. Oil rose 0.4 percent to $85.43 a barrel. That is a second day...

Friendly tone towards potential gold price developments

Gold was the benefactor from a much more positive outlook for commodities, in the wake of a more positive view for the world economy The...

Gold poised for consolidation or correction

Gold is primed for a breakout in the coming week, but it may be in either direction. Gold futures retreated Friday on profit-taking as traders...

Gold and silver prices expected to rise next week

World news with impact on gold and silver at a glance: China: The Consumer Price Index (CPI) rose 1.8 per cent in July, after a...

Gold market a choppy area in coming week

Central bankers took center stage during the past week. Bank of England, European Central Bank, and People's Bank of China all moved to provide...

Gold sideways trading likely to continue

Last Friday, gold futures ended lower on the New York Mercantile Exchange's Comex division, coming off a seven-month high in the previous session. The...

Gold, silver await direction signals from major events

China National Gold company considers taking a stake in African Barrick. Europe: The trade surplus of the Eurozone members reached a new high in June...

Optimism prevails among gold and silver traders

Economic Background Europe: The Spanish 10-year bond yield closed the week nearly unchanged at 5.77 per cent, while the Italian 10-year bond yield closed at...

Gold, precious metals fall sharp on economic uncertainity

Gold futures moved sharply lower on Tuesday as investors remain cautious. Budget talks in the U.S. appeared to have come to a deadlock, after...

Silver prices expected to rebound

Earlier last week, strong manufacturing data from China and India, amongst other countries provided good profit opportunities in the silver trades. After retreating nearly 15.5% since early...

What Determines Silver Prices Today?

Silver prices today are determined by many different factors and it is difficult to determine exactly what causes silver to be a certain...