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By Debarati Roy, Bloomberg |
May 16, 2013
Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month.
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By Inyoung Hwang, Bloomberg |
May 10, 2013
U.S. stocks advanced, as the Standard & Poor’s 500 Index rallied for a third straight week, amid optimism that the U.S. economy is improving amid central-bank monetary stimulus.
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By Debarati Roy, Bloomberg |
May 6, 2013
Hedge funds increased positions on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices higher just as analysts and traders turned the most bearish in three years.
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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 Debarati Roy and Phoebe Sedgman, Bloomberg |
February 15, 2013
Billionaire investors George Soros and Louis Moore Bacon cut their stakes in exchange-traded products backed by gold last quarter as futures dropped the most in more than eight years. John Paulson maintained his holding.
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By Grant Smith and Lu Wang, Bloomberg |
December 17, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington.
