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Gold may see $1,200, but long bullish trend is not broken

In April, Bank of America become one of the several large investment banks which revised their gold and silver price forecasts for 2013 and...

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....

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....

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...

Hedge Funds Continue Gaining, Despite Selloff in Commodities

HFRI extends 1Q performance and high watermark with 6th consecutive monthly gain; Quantitative, Trend Following Macro CTAs post strongest gain in 10 months Hedge funds posted...

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...

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...

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...

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...

Gold extending gains into second day

On Wednesday’s session the Comex gold futures recorded good gains. The recovery move was caused by strong investors’ buying after the recent price...

Gold, silver aim to erase previous session’s losses

In electronic trading on Wednesday, gold and silver futures continue to climb, winning back losses logged in the previous trading session. Gold for June...

‘Bareeq Excellence Award’ to recognise best practices in gold and jewellery...

The Department of Economic Development (DED) in Dubai and the Dubai Municipality (DM) have signed a memorandum of understanding (MoU) to launch the ‘Bareeq...

Gold on a recovery path after a steep weekly slide

On Monday so far, gold futures advance following data showing market participants expect prices for the precious metal to rebound in the coming weeks....

Gold, silver investors decrease short and long positions

Economic Background Europe The political situation in Italy is getting more and more difficult. Both candidates for the Presidency of Italy, Romano Prodi as well as...

Investment banks revised forecasts worry precious metals producers

Precious metals producers review expenditure, assess future exploration projects Gold mining stocks were under heavy selling pressure last Monday, while gold prices remain in the...