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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...

Physical gold purchases in the Middle East slow

Weekly gold and precious metals commentary The monthly US non-farm-payroll number was released on Friday (July 6th), and 80,000 jobs have been created during the...

Gold and silver still seen as insurance policy

It appears that uncertainty is the only certainty at the moment. The Federal Reserve Bank gave some indications that QE3 is not at all at...

Precious metals stuck in narrow ranges

All in all, a disappointing week as the precious metals markets have been stuck in relatively narrow ranges. Developments in Spain and the first round...

Gold in The Middle of A Currency War

There are a lot of recent speculations about something called currency war. It is a popular topic widely disputed in connection to the current...

Trading Sessions: Gold and Silver, Oil

Gold Gold is trading at 1769.45, keeping its steady position today, while traders try to interpret market movements and central bank policy. Today traders were...

Silver top performer on weak economic data, ratings revision

On Tuesday, in electronic trading gold and silver reached their highest level in more than five months. This was after the manufacturing figures from...

Trade Gold in Electronic Form from Dubai, UAE

Enables customers to buy gold in electronic form Operates like foreign currency account designated with XAU currency code Focus on Emirates NBD customers with existing current...

Regional Physical Gold Buying Stable, Weekly Outlook

Weekly news review Europe: Consumer prices in the Eurozone rose by 2.7 per cent in September, against a 2.6 per cent increase in August. France: President...

Limited gains in silver, with no buy signal

During the past week, in three of the five trading sessions silver registered minor gains. It seems investors sentiment towards silver improved slightly. However, the silver...

Arizona’s Hard Currency: How Much Gold Might It Need?

How much gold & silver might Arizona, Utah and the other states now involved in hard-currency laws come to need...? ARIZONA is moving to allow...

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...

Gold Price Increase Gathers Pace as Interest Rates Hike Seem More...

Gold futures edged higher on Wednesday as traders await minutes of the U.S. Federal Reserve’s April meeting for clues on interest-rate policy. Most Fed...

Faber Discusses European Loan Package, Greece Bailout

Marc Faber, publisher of the Gloom, Boom & Doom report, talks with Bloomberg's Pimm Fox about European policy makers' announcement of an almost $1...

Gold Prices Advance After Biggest Weekly Gain of 5.4%

Last week, gold registered the biggest weekly gain since October 2011, after U.S. Federal Reserve Chairman Ben S. Bernanke called for maintaining stimulus. In early...

HSBC cut 2013 silver price forecast on growing mine output

HSBC lowered its gold forecast for this year and next on Friday, saying the recent tumble in prices for the yellow metal has dealt...

Top mining companies report rise in gold production in Q4 of...

African Barrick Gold PLC produced 180,684 ounces of gold in the fourth quarter. That is 13% quarterly uincrease and 22% on year over year...

Gold may settle at around $2,400 an ounce

Adjusted for inflation, gold would have to settle somewhere near $2,400 an ounce to supplant a record around $850 an ounce reached in January...