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By Nicholas Larkin, Bloomberg |
May 17, 2013
Gold bears are dominant again after prices resumed their slump and billionaire George Soros joined investors selling holdings in exchange-traded products that have retreated to a two-year low.
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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 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 Elizabeth Campbell, Bloomberg |
May 13, 2013
Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc., the world’s biggest money manager, said it’s still bullish.
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By Christine Buurma, Bloomberg |
May 9, 2013
Natural gas, the worst-performing and most volatile commodity of the past decade amid a glut in supply, is replacing gold as a haven for commodity investors as the metal slumps.
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By Debarati Roy and Whitney McFerron, Bloomberg |
May 8, 2013
Gold futures posted the biggest gain in almost two weeks as demand for bars and jewelry increased in India and China, the world’s largest consumers of the metal.
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By Bloomberg |
May 6, 2013
Copper climbed to the highest level in three weeks on speculation that demand may improve in China, the biggest user.
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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 Michael P. Regan and Inyoung Hwang, Bloomberg |
May 3, 2013
U.S. stocks rallied, with the Dow Jones Industrial Average reaching 15,000 for the first time, and Treasuries slid as faster-than-forecast employment growth bolstered optimism in the world’s largest economy.