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By Natalie Weeks and Tom Stoukas, Bloomberg |
April 17, 2013
The Cypriot government plans to sell part of its gold reserves within the next months, a decision that needs to be approved by the country’s central bank, Finance Minister Haris Georgiades said.
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By Simon Kennedy and Steve Matthews |
April 16, 2013
The slump in gold may hand activist central bankers more reasons to pursue continued easy monetary policy.
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By Nicholas Larkin, Bloomberg |
April 16, 2013
The biggest drop in gold prices since 1983 has divided central banks on whether the metal is cheap enough to increase investment.
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By Lu Wang and Tony C. Dreibus, Bloomberg |
April 12, 2013
Metals and energy sank, sending a gauge of commodities to an eight-month low and extending a slump that Citigroup Inc. said may mark the “death bell” for the four-year rally in materials.
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By Nicholas Larkin, Bloomberg |
March 22, 2013
Gold traders are becoming more bullish as concern mounts that a worsening of Europe’s debt crisis will spur demand for a protection of wealth at a time when nations from the U.S. to Japan are signaling more stimulus.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
March 12, 2013
Gold’s worst start to a year in a quarter century and the biggest sales by investors on record are increasing concern that bullion’s longest rally since the end of World War I is ending.
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By Liezel Hill, Bloomberg |
February 27, 2013
The gold-mining industry, which has underperformed the precious metal for each of the past six years, is pledging to report costs more accurately as part of its efforts to win back investor confidence.
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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 Nicholas Larkin, Bloomberg |
February 15, 2013
Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year’s worst-performing precious metal.
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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.