Gold set for strongest rise since mid-Dec as euro recovers
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
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 prices slide further away from the $1,600-an-ounce level, headed for their fifth losing session in a row as the dollar gains and the euro retreats. The selling extends the precious metal’s break below its 200-day moving average, one analyst notes. Originally from MarketWatch
Gold prices slide further away from the $1,600-an-ounce level, headed for their fifth losing session in a row. The selling extends the precious metal’s break below its 200-day moving average, one analyst notes. Originally from MarketWatch
Futures are set to close below $1,600 for a fourth session in a row as strength in the U.S. dollar helps to lure demand away from the metal. Originally from MarketWatch
The prospect of easing monetary policy in Europe boosted the gold price early Wednesday and is on course for a third consecutive session of gains. Originally from Mineweb – Daily news headlines
Jeff Clark, BIG GOLD writes: Most gold followers know the metal has a seasonal tendency to perform better in the fall and winter than in the spring and summer. Indeed, since 2001, the annual high for the gold price has occurred after Labor Day every year except two (2006 and 2008). Further, that peak was [...]
Gold futures climb past $1,800 an ounce as news from the euro zone continued to tug at trader sentiment. Originally from MarketWatch
Last week we discussed the concept of relative strength. Again, relative strength is the measuring of one market against another. There are perhaps 1000 mining companies and maybe 5% of them are worthy of your research and investment. Fundamental analysis should lead you to the best companies while technical analysis (relative strength analysis in this [...]
Gold futures fall Thursday as some upbeat U.S. economic data dull the metal’s safe-haven appeal, but reports that German leaders may postpone the European summit scheduled for this weekend help limit declines. Originally from MarketWatch
Gold futures fall Thursday as some upbeat U.S. economic data dulls the metal’s safe haven appeal, but reports that German leaders may postpone the European summit scheduled for this weekend help limit declines. Originally from MarketWatch
India may be the world’s top consumer of gold, with 66% increase in demand in 2010 to 963.1 tonnes, but analysts are urging investors to shore up on the white metal, expecting the gold to silver ratio to drop. Originally from Mineweb – Daily news headlines
India may be the world’s top consumer of gold, with 66% increase in demand in 2010 to 963.1 tonnes, but analysts are urging investors to shore up on the white metal, expecting the gold to silver ratio to drop. Originally from Mineweb – Daily news headlines