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By Glenys Sim, Bloomberg |
April 10, 2013
The turn in the gold price cycle is accelerating after a 12-year rally as the recovery in the U.S. economy gains momentum, according to Goldman Sachs Group Inc., which reduced forecasts for the metal through 2014.
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By Glenys Sim, Bloomberg |
February 26, 2013
The cycle for gold prices, which climbed for 12 straight years, has probably turned as the recovery in the U.S. economy gathers momentum and investment holdings collapse, according to Goldman Sachs Group Inc..
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By Glenys Sim, Bloomberg |
January 21, 2013
Gold may climb over the next three months as U.S. lawmakers attempt to tackle the country’s debt ceiling and the world’s largest economy slows, Goldman Sachs Group Inc. said, advising investors to take positions on advances.
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By Glenys Sim, Bloomberg |
November 29, 2012
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal.
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By Glenys Sim, Bloomberg |
September 26, 2012
Silver assets in exchange-traded products are poised to expand to a record, joining the biggest- ever hoards of gold and platinum, as increased stimulus from the world’s central banks spurs investors to amass precious metals.
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By Glenys Sim, Bloomberg |
April 25, 2012
Silver holdings in exchange-traded products declined 0.5 percent, the most since December, as prices traded near a three-month low and exchange stockpiles climbed.
