A bullish outlook for gold next year, but nevertheless anticipates further strength in the U.S. dollar going into the New Year may be the next test for the yellow metal. Unlike previous periods of risk aversion that occurred in 2009 and 2010, this time U.S. dollar strength is not being accompanied by strong inflows into [...]
Peruvian precious metal, iron ore and molybdenum production advanced sharply in October while its base metal output declined, said the Ministry of Mines and Energy. Originally from Commodity Online Bullion News
Prices across the complex closed the week on a mixed note with palladium settling higher for the fifth session in a row, while sister metal platinum and silver edged lower and gold closed unchanged on the day at $1744.4/oz, said Barclays Capital in a briefing. Originally from Commodity Online Bullion News
In looking to the markets to understand the investor, we can look at the Swiss Franc and gold to determine what investors see in a mostly efficient market. Additionally, silver helps us to navigate the importance of finance in silver and rsquo;s value, as well as determine an industrial premium for its valuation. Originally from [...]
At the Multi-Commodity Exchange of India (MCX), gold October contract rose 0.70% to trade at 25853 after opening Friday at 25796. This is in contrast to the international prices which have declined for the day. Originally from Commodity Online Bullion News
Mining production in South Africa dropped by 0.7 percent in June on the impact of recent strikes in gold and coal industries Originally from Commodity Online Bullion News
Renowned researcher GFMS said global gold hedges, or sales of future production, gained about 4.1 percent in the first quarter. Originally from Commodity Online Bullion News
Comex gold futures prices are trading slightly higher Friday morning but prices have visited both sides of unchanged early. The market place is awaiting the opening of the U.S. stock market, which has been heavily influencing the direction of most other markets, including the precious metals. Originally from Commodity Online Bullion News
The yellow metal in India fell by Rs 390 for 10 grams on lower off take due to weak global trends. Originally from Commodity Online Bullion News
Large gold deposits at Kenya and rsquo;s Narok County might provide a facelift to ailing Kenya economy as the East African nation s likely to award its first ever gold mining license to a foreign company to boost its gold production to next level. Originally from Commodity Online Bullion News
Gold and oil finished lower Friday after five days of hectic trade, which saw the yellow metal hit a new record earlier in the week. Originally from Commodity Online Bullion News
Even with the turmoil in today’s markets, Louis James says business really does go on. He stresses that even in the face of what he calls “truly economically suicidal behavior on the parts of world governments,” he remains very bullish on precious metals. In this exclusive interview with The Gold Report, James discusses what we [...]
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