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BofA sees gold prices to average $1294 in 2014

Bank of America Merrill Lynch expected that the gold prices to average $1294 an ounce next year. The bank forecast that gold will average $1,294...

Gold prices are forecast to rise next week

Gold prices closed with a more than 1% gain last Friday. Gold for December delivery rose $15.10, or 1.1%, to settle at $1,339.20 an...

Gold price recovery to be driven by reduction in supply, appetite...

A gold price recovery driven by reduction in supply could start from the beginning of the second half of 2016 and it is possible...

Outflows rise in equities; Record influxes into gold funds

According to a new paper by Bank of America Merrill Lynch, volatility seems to be taking its toll on risk assets flows. “Outflows continued...

Gold steady near 13-month high; A pullback on the way up?

Gold steadied below last week's 13-month high on Monday. Spot gold was up 0.2 percent at $1,262.05 an ounce by 0646 GMT. The metal...

Silver demand in fabrication to grow 3.9% in 2013, research says

The silver demand in fabrication is expected to grow 3.9% year-on-year in 2013, boosted by increasing demand from industrial applications, jewelry, silverware and coins...

Gold prices poised to strengthen in the week ahead

Gold prices will aim higher next week on the back of a renewed market volatility. Despite that the Comex February gold futures were unable to...

Gold prices rally as investors seek safe-haven; May climb toward $1,200

Gold prices moved firmly higher on Tuesday as oil futures lost over 5% and Chinese stocks traded sharply lower. Investors sentiment is sharply lower...

Gold’s allure intensifies as equities, oil prices turn lower; High demand...

The demand for gold has significantly increased in recent weeks. Sales are driven by the concern of many investors of impending turmoil in the...

Gold prices expected to rise next week

Spot gold finished 1.1% higher at $1,238 an ounce on 3 January. Prices inched up 0.3% a week ago, when the metal remained on...

Gold Prices Trending Higher

Last Friday, gold futures advanced for a third-straight session in a row to end up nearly 2% for the week. Prices for the yellow metal...

A mini bull run for gold?

Gold prices advanced on Monday in electronic trading, moving above last week’s highs as the equity market continued to wobble. A mini bull run...

Advocating a rally in gold and silver prices

Financial markets across the globe concluded the first trading week of the year deeply in the red zone. The volatility that took place will...

Goldman revises gold price forecast for 2014

Gold prices will probably drop at least 15 percent next year as commodities face increased downside risks even as economic growth in the U.S....

Gold prices broadly expected to weaken next week, but…

Gold prices are expected to weaken in the coming week. This belief is mainly driven by investors concerns about what action the U.S. Federal...

Precious metals off to big start in 2014

Gold had its biggest day in three weeks on Thursday, up 1.8% to $1,224 per ounce. Silver was also higher by 3.3%, with optimism...

Precious metals outlook boosted

Instead of a multi-year downtrend, with disinvestment putting pressure on precious metals prices over time, many of the variables that drive gold prices (lower...

Gold and silver back in vogue

Last Friday, gold for December delivery fell $8.40, or 0.6%, to settle at $1,314.60 an ounce on the Comex division of the New York...