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Silver price on the verge of breakout

Last Friday, July silver closed down 1 cent, or 0.05% at $22.50 an ounce. Prices saw a 0.6% gain on the week. Many traders...

Gold prices look for direction

Investors and traders are divided on what direction gold prices will take in the coming week. Some are bullish, while others bearish or neutral....

Global demand for gold jewellery up 12% in Q1 2013

The latest World Gold Council Gold Demand Trends report, which reports on the period January-March 2013, shows a market driven by diverse global demand,...

Market players take positions in physical silver

Despite, the current low silver price, investment advisors express opinion that now might be the right time to take positions in physical silver. Investors are...

Bad week for gold, good for palladium

Another bad week for the gold price without a single day of rising prices, short covering, etc; palladium is the hands-down winner of last...

Gold, silver retreat in favor of global equities

June gold futures closed down $28.30, or 2%, to settle at $1,396.20 an ounce on the Comex division of the New York Mercantile Exchange....

A Different View of Silver

Why does silver move so much further, and faster, than gold...? The SILVER MARKET often gets a bum rap. The reason is that often its...

Precious metals lose luster for investors

The holdings of gold in ETF`s are now reportedly at levels last seen in early 2008. Gold: $1448.00 - down $22.50 from last week The price...

Real gold price should be under $800 an ounce, some say

Grim estimates about gold price direction seem more real Gold is widely seen as an inflation hedge in times of uncertainity and financial crises. However,...

Gold, interest rates on a crossroad on nearing stimulus halt

US Federal Reserve officials are planning a strategy for resizing the unprecedented $85 billion-a-month bond-buying program meant to spur the country's economy. The exit...

Gold falls on strengthening dollar

Gold futures fell sharply on Friday in electronic trading, setting up for a weekly loss of about 1%. Meanwhile, the U.S. dollar continued to...

Gold loses luster, but silver shines a little brighter

The physical buying from the Chinese participants were encouraging, but not anywhere near the staggering amounts purchased in the previous week. However, there was...

Silver prices still locked in a tight range after third month...

Spot silver advanced on Wednesday in electronic trading, reaching $24.31 per ounce. On the Comex in New York silver futures for July delivery closed the...

Prospects for further easing push gold prices forward

On Wednesday gold prices extended gains on renewed investors’ optimism. Market player are expecting new monetary stimulus from the European Central Bank and further...

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...

Market analysts seem positive on gold’s upward direction

Gold futures rose in electronic trade on Tuesday. Gold for June delivery advanced $3.50 so far, or 0.24%, to trade around $1,471 an...

Silver prices advance signaling bull market ahead

About 10 days ago, silver prices registered a massive slump. Afterward they were locked in a tight range, allowing investors and traders to get...

Gold futures rebound as US dollar weakens

On Monday in Asian trading hours, gold futures continue to climb. Prices gained back what they had lost over the last session. Meanwhile, the...