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By Joe Richter, Bloomberg |
May 20, 2013
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
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By Joe Richter and Debarati Roy, Bloomberg |
May 14, 2013
Consumers will sell the least used gold in five years after prices tumbled into a bear market, curbing a source of metal that typically accounts for about one in every three ounces of global supply.
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By Swansy Afonso, Bloomberg |
May 13, 2013
Gold imports by India, the world’s biggest consumer, may soar this quarter as a plunge in prices spurs demand for jewelry, coins and bars during the country’s biggest bullion festival, a jewelers’ group said.
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By Pratik Parija, Bloomberg |
April 23, 2013
A rush by Indian consumers to buy gold jewelry and coins after the biggest plunge in prices in three decades is prompting jewelers to offer premiums on imports as traders and banks run out of stockpiles, a trade group said.
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By Jon Nadler |
January 22, 2013
Analysts at Citigroup and Goldman Sachs have scaled back gold price forecasts, especially in the longer-term, as the underpinnings of its bull market are being called into question.
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By Siddhartha Singh, Swansy Afonso and Tushar Dhara, Bloomberg |
January 21, 2013
India, the world’s largest bullion buyer, raised taxes on gold imports to reduce a record current-account deficit and moderate demand for the precious metal that’s rallied for 12 straight years.
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By Nicholas Larkin, Bloomberg |
October 26, 2012
Gold traders are the most bullish in three weeks as investors’ bullion holdings rose to a record on mounting speculation that central banks will add stimulus to bolster economic growth.
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By Nicholas Larkin |
October 25, 2012
Gold traders are the most bullish in three weeks as investors’ bullion holdings rose to a record amid speculation that central banks will add more stimulus.
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By Austin Kiddle |
October 24, 2012
Technical selling of gold has occurred as the price of gold broke below its 50-day moving average on Tuesday. When gold prices failed to breach $1,800 an ounce, traders began paring back positions.
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By Debarati Roy, Bloomberg |
July 31, 2012
The only three analysts to correctly predict gold’s biggest quarterly slump in four years are now split, reflecting investors’ diverging views on the probability of central banks doing more to shore up growth.
