Small volume sales can move markets dramatically in thin trading periods and perhaps the post-Christmas week’s fall in gold and silver has been overdone. Originally from Mineweb – Daily news headlines
We are on the cusp of a new year, and this is the time that we take a look at those brave (or foolhardy) financial analysts who take out their crystal ball and predict where precious metal prices will go in 2012. But first let’s see how last year’s prognosticators (including Sunshine Profits) fared. We [...]
Small volume sales can move markets dramatically in thin trading periods and perhaps the post-Christmas week’s fall in gold and silver has been overdone. Originally from Mineweb – Daily news headlines
The 2012 edition of Mineweb’s gold price prediction competition is here; in 2011, Mineweb readers’ average predictions have been comfortably more accurate than those of ‘experts’ in a similar LBMA exercise. Originally from Mineweb – Daily news headlines
Gold is trading at USD 1,592.0, EUR 1,223.30, GBP 1,028.00, CHF 1,491.0, JPY 124,067 and AUD 1,600.50 per ounce. Gold’s London AM fix this morning was USD 1,593.00, GBP 1,028.34, and EUR 1,222.94 per ounce. Friday’s AM fix was USD 1,589.50, GBP 1,022.84 and EUR 1,218.94 per ounce. Originally from The Market Oracle
Having fought a stalwart battle above $1,700 and having seen over $1,900 this year, gold has not done as so many analysts have believed it would and risen through $2,000. Instead, here we’re headed down towards $1,500 to who knows where? The stress in the financial markets has not stimulated safe-haven gold buying but has [...]
Gold and silver bears are in the ascendant, while bulls are licking their wounds as gold falls back around 20% – but where to from here? Originally from Mineweb – Daily news headlines
Silver and gold are in the process of bottoming, and should rally very soon. The depth of the recent decline may be surprising; however, it does not signal the end of the bull market. The fundamentals for silver and gold are very strong, and it has not changed over the last couple of days We [...]
Gold’s multi-year rise remains firmly in place in spite of the recent drop to $1600. The elements that have fueled the advance over the past decade have not gone away. Concerns over mounting sovereign debt, the secular decline of the US dollar and future inflationary fears continue to drive gold higher in value over the [...]
While some headlines are predicting the end of the bull market for gold, many commentators remain bullish on the yellow metal and all agree that more volatility should be expected Originally from Mineweb – Daily news headlines
While some headlines are predicting the end of the bull market for gold, many commentators remain bullish on the yellow metal but all agree on volatility Originally from Mineweb – Daily news headlines
You’ll often hear that the gold price is tied to inflation and that gold ETFs like (GLD) can therefore be used as an inflation hedge. But Eddy Elfenbein presents a fascinating model for evaluating . . . Originally from MarketWatch
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