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By Austin Kiddle |
March 1, 2013
In the past few days, positive economic data from the major economies have accompanied the falling safe-haven demand for gold.
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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 John L. Caiazzo |
September 30, 2012
The financial situation in Spain continues to worsen, while riots continue in country's operating under an austerity ultimatum.
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By Austin Kiddle |
July 13, 2012
Gold prices retreated, as the U.S. Fed did not indicate an imminent QE3 in the FOMC minutes released yesterday, although some members favored further policy easing if the Fed's dual objectives cannot be achieved.
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By Canaccord Genuity Morning Coffee |
June 25, 2012
Ratings agency Moody's downgraded 15 of the world's biggest banks last Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital markets activities
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By Austin Kiddle |
June 15, 2012
Gold futures prices have gone up for five consecutive days, ending at $1,619.6 as of Thursday, up almost 1.8%. This morning in Asia, gold futures traded higher to $1,625.
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By John L. Caiazzo |
May 28, 2012
The markets demand a resolution to the turmoil in the Eurozone as questions over Greece, Spain and Italy cast a long, dark shadow.
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By Austin Kiddle |
May 18, 2012
Gold futures bucked the trend of the broader market and jumped $38 or 2.5% on Thursday, the largest percentage increase since Oct. 25.
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By Canaccord Genuity Morning Coffee |
May 10, 2012
According to Credit Suisse, Moody's ratings review remains an overhang on the U.S. banking sector and could be an important catalyst for the bank stocks over coming weeks
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By Canaccord Genuity Morning Coffee |
April 5, 2012
Moody’s lowered its credit ratings on General Electric and its financing subsidiary as it believes there are risks associated with GE’s lending unit.
