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By Bloomberg News |
February 5, 2013
Gold imports into mainland China from Hong Kong surged 94% to an all-time high last year as rising incomes in the world’s second-largest economy underpinned increased demand and helped the metal to post a 12th annual gain.
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By Jon Nadler |
January 25, 2013
After having once again failed at the $1,696 resistance level on Wednesday, gold prices headed lower for a third straight session this morning. In the process, the pivotal 200-day moving average price near the $1,608 level was breached by sellers.
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By Siddhartha Singh, Swansy Afonso and Tushar Dhara, Bloomberg |
January 21, 2013
India, the world’s largest bullion buyer, raised taxes on gold imports to reduce a record current-account deficit and moderate demand for the precious metal that’s rallied for 12 straight years.
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By Austin Kiddle |
January 9, 2013
As Japan's new Prime Minister Abe is determined to fight deflation and spur economic growth in Japan, he has renewed interests among Japanese funds in gold as an asset class among the pension funds.
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By Nicholas Larkin |
January 3, 2013
Gold traders expect prices to rebound from the longest weekly losing streak in eight years amid mounting concern that U.S. lawmakers are doing too little to control the deficit.
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By Austin Kiddle |
January 2, 2013
Analysts are split on the outlook for gold price this year. Based on the World Gold Council's data, overall gold demand in the first three quarters in 2012 fell about 8% year-on-year.
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By Austin Kiddle |
November 28, 2012
Gold prices and the EUR/USD got a boost on Nov. 23 as the market anticipated a Greek deal.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
November 20, 2012
Gold’s 12-year rally, the longest in at least nine decades, is poised to continue in 2013 as central bank stimulus spurs investors from John Paulson to George Soros to accumulate the highest combined bullion holdings ever.
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By John L. Caiazzo |
November 18, 2012
Markets have historically reacted to geopolitical as well as economic news. This past week has provided investors and traders with both.
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By Alanna Byrne |
November 16, 2012
Global demand for gold declined 11% year-over-year in the third quarter of 2012, according to the World Gold Council’s (WGC) Gold Demand Trends report released Thursday.
