Tag: Gold
Gold Prices to Look for Direction from Data Flow in the...
On Friday, gold futures dropped by nearly $40 an ounce on the back of a bigger-than-expected climb in new U.S. jobs last month. This...
Gold Firmly Advances
On Tuesday, gold futures firmly advance, following a strong start at the beginning of the of the third quarter.
In electronic trade, so far gold...
Silver, Gold Strengthen on Asian Buying
Silver price finished at $19.60 an ounce in June. During last week, the white metal lost another 2.55%, further, the average weekly rate was...
Gold Poised to Bounce
Last week, gold has been hammered as a deluge of selling emerged from Western traders dumping exchange traded products like ETFs. In addition, fund...
Gold Price Drops to Unprecedented Three-year Low
On Friday, gold prices fell further in electronic trade. So far, the yellow metal is set for a sharp, double-digit losses on monthly and...
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...
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 Finds Ground After Slipping Below $1300
Gold futures found ground in electronic trading on Friday, after tumbling to a two and half year low in the previous session. A modest...
Investment Bank Cut Gold Price Forecast
On Thursday, UBS radically revised its gold price forecast in the wake of a dramatic slump in prices to near three-year lows following the...
Global Gold Demand Reinforced by Asian Consumers
The World Gold Council published a market update recently, which examines the effect of the recent fall in the gold price. The report also provides...
Silver is more rare, while its price is 2% of gold’s
Ted Butler is an independent Silver Analyst who has been publishing unique precious metals commentaries on the internet since 1996. He shares an interesting...
Gold, Silver Prices Look for FOMC’s QE Hints
Economic Background
US
The weekly jobless claims number fell last week by 12,000.
Retail Sales were up by 0.6 per cent in May, compared with only 0.1...
Societe Generale Cut Gold Price Forecast Again
Societe Generale cut its gold price forecast again again, after becoming bearish on gold back April. In a report from 12 June, the bank's...
Gold prices expected to move up
On Thursday in early electronic trading, gold futures fell slightly, denting the previous session’s hefty gains. A major concern for market participants is the...
Gold and silver price remain pressured
On Monday, spot gold advanced as much as 0.4 % to $1,388.41 before trading at $1,386.04 in Asian trading hours.
Silver traded 0.5 % up...
Gold likely to remain range-bound, with upside potential
Economic data and the U.S. dollar movements will continue to influence the gold market in the coming week. So far, it seems gold price...
Higher Gold Prices Heavyweight Supporters and Opponents
Did gold bottomed out? It looks like it did back in the middle of April, when it lost nearly $200 an ounce in two...
Gold more likely to explode than to sell off
In the coming week, the gold market will be very sensitive to the U.S. dollar direction. Additionally, later in the week several key pieces...