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By Austin Kiddle |
June 19, 2013
For the Fed's meeting, gold investors will watch out for the conditions under which the bond purchases will be reduced, the Fed's outlook for the interest rates as well as the Fed's projections of the inflation and the unemployment rate.
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By Elizabeth Campbell, Bloomberg |
June 17, 2013
Hedge funds cut wagers on a gold rally for the first time in three weeks on mounting speculation central banks will curb record stimulus and as this year’s slump in bullion spurred losses for billionaire John Paulson.
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By Nicholas Larkin, Bloomberg |
June 14, 2013
Gold traders turned bearish for the first time in a month as investors reduced holdings in exchange-traded products for an unprecedented 17th consecutive week and India, the biggest buyer, announced curbs on imports.
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By Alasdair Macleod |
June 14, 2013
Very simply, since the April price-smash gold has been supplied to satisfy the global surge in demand, otherwise the price would have bounced and a bear-squeeze ensued, rapidly taking prices higher.
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By Austin Kiddle |
June 14, 2013
The number of bearish gold traders has increased the most since a month ago. The gold-backed ETP holdings fell to a two-year low of 2,117.96 metric tons on Thursday.
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By Marcus Holland |
June 13, 2013
Gold prices have come under pressure after better than expected economic data raised U.S. yields creating headwinds for the precious metals market making a vertical options spread look appealing.
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By Chris Vermeulen |
June 13, 2013
Seasonal charts allow us to look at what the average price for an investment does during a specific time of the year. The gold and oil seasonal charts below clearly show that we are entering a time where price tends to drift higher.
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By Anthony Lazzara |
June 13, 2013
Platinum futures are down big today: $35, or -2.34%. Platinum is approaching the key $1,450 level, and if the precious metals sell-off trend continues, platinum could indeed approach the next key level at $1,400.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
June 13, 2013
Silver is punishing investors amid diminishing trust in precious metals as a store of wealth and concern that growth is weakening, with $5.2 billion erased from the value of their near-record holdings this year.
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By Sholom Sanik |
June 12, 2013
Copper prices were range-bound during May, despite a number of potentially bullish developments. First, there was a tragic mining accident in Indonesia. Then the traditional nemesis of Chilean production, labor unrest, reared its head.
