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...
The greenback’s bull market is over and that is good for...
Gold traders will be watching the U.S. dollar and some important technical-chart levels in the week ahead to gauge where the yellow metal is...
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 Prices: Flat, Higher or Sideways
Last Friday, gold futures extended their losing streak to a sixth straight session and posted nearly 5% loss for the week. That was the...
First Blockchain-enabled Precious Metals Refinery to Open in Dubai
DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the signing of a sale and...
Optimistic Forecast: UBS Sees Gold Price Averaging $1,350 in 2017
Swiss bank UBS forecasts gold price to average $1,350 an ounce in 2017, characterizing the metal as “down but not out” after significant declines...
Gold Prices Weekly Outlook: No Big Rally, No Fall
Gold prices closed lower for ninth session in a row last Friday. Strong U.S. employment data reinforced expectations of a Federal Reserve interest rate...
Gold prices rally poised for a slowdown in the months ahead
Gold futures on Friday suffered their largest daily decline in two weeks, paring their gain for the latest week as the guesswork around the...
Barclays cuts 2016 gold and silver price forecasts, but safe haven...
In its latest forecast, Barclays has pegged average gold prices at $1100/oz for 2016 (compared to previous forecast of $1,150/oz), $1200/oz for 2017.
"Overall, while...
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...
Silver shines brighter than gold as an investment opportunity
Silver prices remained depressed despite that gold has rallied since the beginning of 2016. However, the gold to silver ratio -a key indicator of...
Gold Prices in Recovery Mode
Gold prices climbed for a third session in a row last Friday. This rise on the back of declining U.S. dollar and recent weakness...
Fundamentally Positive on Gold Prices, but Short Term Bearish
Gold prices settled lower for the week last Friday, suffering from their first monthly decline since March. The fourth straight weekly fall was driven...
Gold’s Slump May Continue Next Week
Gold prices dropped to their lowest finish in about four months last Friday concluding the week in a loss.
August gold lost $13.60, or 1.1%,...
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...
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 tops $1300 after Fed meeting
Gold has topped $1,300 an ounce after the US Federal Reserve scaled back its outlook for interest-rate increases and Janet Yellen signaled rates may...
Consumer Demand for Gold up 53% in Q2 2013
The latest World Gold Council Gold Demand Trends report, which covers the period April-June 2013, highlights how recent falls in the gold price have...