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By Frank Holmes |
May 29, 2013
The more important demand for gold, in my opinion, comes from the enduring Love Trade, as countries like China and India buy the precious metal out of love and tradition.
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By Jae Hur |
May 28, 2013
Copper fell as Freeport-McMoRan Copper & Gold Inc. said it can start open-pit production.
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By Nicholas Larkin and Glenys Sim, Bloomberg |
May 28, 2013
Gold fell in London as speculation the U.S. economy is strengthening curbed demand for a protection of wealth. Silver declined.
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By Nicholas Larkin, Bloomberg |
May 24, 2013
Gold traders are the most bullish in a month after Federal Reserve Chairman Ben S. Bernanke signaled record stimulus will continue until the economy improves.
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By Sungwoo Park |
May 23, 2013
Copper was set for a weekly gain amid concerns that an accident at the world’s second-biggest mine may curb supply.
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By Debarati Roy and Maria Kolesnikova, Bloomberg |
May 23, 2013
Gold rose for the first time in three days on signs that Chinese manufacturing will slow in May for the first time in seven months, sparking a drop in global equities and increased demand for bullion as a protection of wealth.
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By Glenys Sim |
May 22, 2013
Gold fell for a third day after U.S. Federal Reserve Chairman Ben S. Bernanke hinted at scaling back stimulus.
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By Agnieszka Troszkiewicz |
May 22, 2013
Copper reached a two-week high in London on concern a deadly mine accident will crimp supply.
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By Debarati Roy, Bloomberg |
May 20, 2013
Gold and silver futures rebounded after Moody’s Investors Service said U.S. policy makers must address debt woes to avoid a credit-rating downgrade this year, boosting the appeal of the metals as a haven.
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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.
