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By Austin Kiddle |
December 21, 2012
Comex gold futures tumbled 1.31% on Thursday to end at $1,645.90. Week-to-date, gold futures have fallen 3.01%, trimming this year's gain to around 5%.
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By Austin Kiddle |
December 14, 2012
Gold is finding support from a trifecta of geopolitical locations ranging from the Fed's continued stimulus, gold buying in Germany and the expected outcome of next week's Japanese election.
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By Austin Kiddle |
December 12, 2012
The expected expansion in the Fed's balance sheet and an expected rise in inflation will support gold price. What if the Fed disappoints?
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By Austin Kiddle |
December 7, 2012
Gold’s price was hampered when Goldman Sachs expected that an improving U.S. growth outlook would outweigh the effect from the Fed's further easing, causing the gold price to turn in 2013.
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By Austin Kiddle |
December 5, 2012
The plunge in gold prices on Tuesday was accompanied by a fall in the Dollar Index. But why?
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By Austin Kiddle |
November 30, 2012
Analysts' median forecast for 2013 year-end gold price has risen from $1,832 as of end-September to $1,850 currently.
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By Austin Kiddle |
November 28, 2012
Gold prices and the EUR/USD got a boost on Nov. 23 as the market anticipated a Greek deal.
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By Austin Kiddle |
November 23, 2012
The U.S. Comex gold futures rebounded 0.34% in the past two days, ending at $1,729.50 on Thursday. The S&P 500 index went up 0.23% on Wednesday, before the U.S. Thanksgiving holiday.
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By Austin Kiddle |
November 21, 2012
Gold investors are cheered by the report that the gold-backed ETP holdings reached a new record at 2,604.933 metric tons as of Nov. 19.
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By Austin Kiddle |
November 16, 2012
The weaker gold market prices on Thursday coincided with the release of the Q3 Gold Demand report by the World Gold Council.
