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 [...]
Originally from MarketWatch
Rarely has such technical destruction been visited on stalwart sectors such as gold, silver and the mining stocks(GDX). The silver charts reveal technical damage not seen since the destruction of 1984. It can only be conjecture that can account for a once in a generation obliteration of a once hallowed sector. It must be remembered [...]
THE PRICE OF physical gold bullion fell again as London re-opened Wednesday after the Christmas and Boxing Day holidays, dropping to two-week lows against all major currencies in what dealers called a "very quiet session". London dealers returning to work caught up with a 1.4% drop for the week so far, plus news of falling [...]
Gold futures turn lower after recent declines and as the U.S. dollar strengthens a little after mixed U.S. data. Originally from MarketWatch
Gold futures turn lower after recent declines and as the U.S. dollar strengthens a little after mixed U.S. data. Originally from MarketWatch
Gold futures inch up during Asian trading hours after recent declines and as the U.S. dollar weakens a little against the backdrop of an improvement in global stock markets. Originally from MarketWatch
Originally from MarketWatch
Gold prices held steady early Thursday, despite failures by an ECB tender to boost market confidence in the euro zone’s ability to tackle its debt crisis. Originally from Mineweb – Daily news headlines
Last week, gold futures climbed 1.3 percent on Friday, but still posted a 6.9 percent loss for the week. It was the biggest decline for gold in three months. Some were quick to announce the gold bull market dead, but many investors disagree. Furthermore, actual demand for physical precious metals continue to show strength. Originally [...]
With less than an hour until gold and silver trading opens on the Globex, we will soon find out what, if any, HSBC’s lawsuit against the MF Global trustee and Jason Fine has on gold and silver futures prices. Originally from The Market Oracle
According to a poll of 20 hedge fund managers, economists and traders, prices of the yellow metal are unlikely to retest their highs until later into 2012 at the earliest Originally from Mineweb – Daily news headlines
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