web analytics

Volatile undervalued silver aims for a breakout

Silver ended the trading sessions of the last week at 31.93 after opening at 30.410. The commodity bounced up and down all week as...

UAE Ministry of Health Bans Two Dietary Supplements

The United Arab Emirates’ Ministry of Health has issued a ban on the sale of two products marketed as dietary supplements for male...

Middle East Respiratory Syndrome – Coronavirus Cases Confirmed in Italy

In a statement from June 2, 2013, the World Health Organization announced three new cases of the Middle East Respiratory Syndrome – Coronavirus (MERS-CoV)...

Gold futures reached $1,410

Gold futures edged higher on Globex during Asia’s Tuesday morning trading, touching a high above $1,410 an ounce as global debt concerns continued to...

Correction in gold and silver went too far

Silver hit a string of 31-year highs for most of the year, but the rally ended abruptly last week, when repeat margin-requirement increases squeezed...

International Medical Convention addresses Novel Rheumatoid Arthritis Treatment

New medication by Roche to relief the burden of the disease & stop its progression International and regional medical experts meeting in...

Silver breakout magnitude is a buy signal for traders

Past week, silver climbed to a multi month high to close at 33.722 off the high of the week at 33.773. Precious metals advanced on announcements...

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 prices expected to struggle

Analysts expect, the yellow metal to continue struggling at prices below its 200 day moving average, though strong physical demand from India and China may help to keep prices buoyant.

Gold, silver gain on safe-haven buying

Gold prices advanced for second day  in Asian trading on Wednesday. Investors fleeing exposure from the European debt crisis turned to well priced...

Strong Dollar Pressures Gold; Silver Looks Promising

Gold prices ended slightly higher on Friday, but swung to a weekly loss of nearly $100. The main reason for this development is the...

Silver outshone gold

Last week, silver extended its gains for the third consecutive week taking its cue from gold. The past year’s volatility had many investors reduce demand for...

Gold Bulls on the rise, Goldman

The proportion of Middle East based investors interested in gold appears to be increasing substantially, according to Goldman Sachs Asset Management Chairman Jim O'Neill. O’Neill,...

Precious metals rally on freash concerns about inflation

Precious metals rallied on Wednesday, as worries about inflation reappeared. Investors bought into gold and silver back after a selloff earlier this week. Gold for...

Gold Data-Fest: History’s Opinion on Yesterday’s Slump

This crash in gold is hardly unprecedented. Nor is the likely price action over the next one and 3 months... So, over the last three...

Gold price surges ahead of holiday season

Here are the most important headlines with impact on god and other precious metals prices: Europe: The Spanish 10-year bond yield closed the week 25 basis points lower at 5.62per cent. The...

News about physical shortage drive silver price higher

Last week, silver finished at 31.185 per once. In general, precious metals dipped while industrial metals climbed. Silver prices are up over 3% month...

Gold on track for biggest monthly gain since 2002

Gold futures advanced on Monday as continued skittishness around stocks fostered demand for the precious metal, which is once again viewed as a haven...