-
By Jon Nadler |
April 11, 2012
The midweek trading session in precious metals opened to the downside in New York this morning despite a 0.31% drop in the US dollar on the trade-weighted index and a 0.30% gain in crude oil values.
-
By Jon Nadler |
April 4, 2012
Gold headed sharply lower and touched the $1640.00 bid level as panicked sellers pulled the “Bail!” triggers en masse.
-
By Jon Nadler |
April 2, 2012
Overall, the speculative gold trade is still concerned about the potential slackening of physical gold demand from key consuming nations such as India and Turkey and about waning investment demand.
-
By Jon Nadler |
March 28, 2012
President of the Bombay Bullion Association has projected that 2012’s Indian gold imports could fall to 450 metric tonnes, down 53% compared to the putative 969 metric tonnes that may have been imported last year.
-
By Jon Nadler |
March 21, 2012
Gold prices fell toward the $1,645 level at the opening of the midweek session in New York as the US dollar climbed slightly on the trade-weighted index .
-
By Jon Nadler |
March 14, 2012
Gold prices traded as low as just under the pivotal $1,650 support level overnight and they opened with heavy losses that swelled to over $31 an ounce.
-
By Jon Nadler |
March 9, 2012
The mere mention in the same sentence of the words “Fed” and “bond purchases” gave rise to a fresh, albeit somewhat hesitant spree of risk asset purchases.
-
By Jon Nadler |
March 7, 2012
To say that sentiment has shifted 180 degree in one week is to state the obvious.
-
By Jon Nadler |
March 5, 2012
The first forecast for lower economic growth in eight years for that country derailed many an asset as the new trading week commenced. Gold and silver were clearly not immune to the negative news.
-
By Jon Nadler |
March 1, 2012
Daily metals update including analysis of gold and silver
