Tag: Gold
Mark Faber recommends emerging markets and gold in 2016
Mark Faber, the publisher of the Gloom, Boom & Doom Report, said in an interview with Bloomberg “I believe that we’re already entering a...
Gold soars on steep declines in global equities
Gold price edged sharply higher in on Monday. February gold advanced $16.70, or 1.6%, to trade at $1,076.90 an ounce on Comex. If prices...
Optimism about gold market remains strong
Retail investors and market professionals have been bullish lately. Gold prices have managed to bounce off of fresh five and-a-half year lows earlier last...
Gold demand climbed in Q3 2015 as consumers across the globe...
Total gold demand in Q3 2015 stood at 1,121 tonnes (t), an increase of 8% compared to the same period last year, according to...
Gold Continues Sliding, Hits 5-Year Low
Gold prices continued falling on Monday, hitting a more than five-year low. Though prices partially rebounded from a sharp selloff in the early Asian...
Investors View Gold as Opportunistic Short-term Investment in Specific Markets
During the first three months of 2015, commodity net inflows reached roughly $7 billion, strongest level in 2.5 years, but Barclays’ analysts doubt the...
Central Banks, Asian Consumers Remain Committed Gold Buyers
Asian consumers and global central banks continue to act as a long-term underlying support to the gold market with on-going physical demand. The latest...
Dubai’s Gold Souk Suffers Lack of Demand
Shopkeepers in Dubai's Gold Souq say sales are declining because tourists from Saudi and Russia have less cash to spend. But experts reveal harsher...
Global Investors Now Bullish on Europe, Inflation and Gold
Global investors are significantly more positive on the outlook for Europe after the European Central Bank’s announcement of quantitative easing to reflate the region’s...
Investment in Gold Now More Lucrative
While both equities and oil retreated from the beginning of the week, gold followed up a strong start with another rally on Tuesday, taking...
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 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...
Gold prices seen higher in the weeks ahead
Gold prices are expected to rise in the coming weeks building strength on the previous weeks' gains.
On Friday, the yellow metal tallied a five-week...
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...
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...
Gold price in 2014 would likely remain stable
As 2013 looks set to close on a negative note for gold. Market analysts are forecasting another lackluster year of performance for the yellow...
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...
UBS cut gold, silver price outlook for 2014
UBS Investment Research on Monday slashed its 2014 average price forecast for gold, saying that the yellow metal was unlikely to regain its positive...