The gold price is set for its largest one-day rise since mid-December, boosted by a rise in the euro against the dollar. Originally from Mineweb – Daily news headlines
Gold imports by India plunged 55% in December 2011 and 75% in November 2011; traders say reduced purchases by consumers during Q1 2012 could further weaken gold prices. Originally from Mineweb – Daily news headlines
Talking Points Crude Oil Poised to Follow Stocks Higher Amid Recovery in Risk Appetite Gold May Fall Despite Dollar Weakness as FOMC Minutes Weigh on QE3 Bets WTI Crude Oil (NY Close): $98.83 // -0.82 // -0.82% Prices are probing above the $100/barrel figure in Europe as a recovery in risk appetite that began in [...]
They say a picture is worth a thousand words, one needs look no further than the chart below for that. It’s a great example in the event that the market tops out and how to protect oneself and more importantly how to profit from that should it occur. Originally from The Market Oracle
On holidays this week has definitely been interesting. The new term for investing in today’s market should be coined “Volatility Investing”. Since most trading is done by computers with complex algorithms that when their stops are hit, cause mass liquidation. For this reason, everyone should know that the expected move expected in 2012 is going [...]
HONG KONG (MarketWatch) — Indian gold imports were down sharply in the October to December period from a year earlier, traditionally India’s busiest period of gold buying, according to the head of India’s leading gold bullion body, with high bullion prices putting a damper on buying. Imports for the quarter were down 56% from the [...]
Jim Rogers believes investors are currently a little too bearish on the euro and that gold is overdue for a correction but,he remains bullish on commodities in general. Originally from Mineweb – Daily news headlines
According to faulty interpretations of Mayan calendars, 2012 is supposed to bring with it the demise of humanity. Fortunately for us, this apocalyptic myth, like so many, is based on a superficial interpretation of the Mayan calendar. Like many stories based on a lie, this one nonetheless gains traction in the popular imagination thanks to [...]
While gold completed its 11th consecutive annual gain, views on how the yellow metal is placed for 2012 are becoming increasingly divergent Originally from Mineweb – Daily news headlines
Jim Rogers believes investors are currently a little too bearish on the euro and that gold is overdue for a correction but remains bullish on commodities in general. Originally from Mineweb – Daily news headlines
Gold and silver climbed early Tuesday as investors returned in the new year with a renewed appetite for riskier assets, although global economic worries still weighed on sentiment. Originally from Mineweb – Daily news headlines
Gold futures jump during the Asian trading day, placing the precious metal on course for a positive start to the new year, as a weakened U.S. dollar aids a further rebound. Originally from MarketWatch
© 2012 Gold Speaks
