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
On Friday, gold (NYSEARCA:GLD) prices managed to climb $25.90 higher, breaking its six-day losing streak. Although gold has been in a slump during the final months of the year, gold continued its 11-year winning streak. Gold prices finished 2011 at $1,566.80, representing a 9.3 percent annual increase. Originally from The Market Oracle
Now that my subscribers and I are fully into bullish positions in the precious metals sector, I hope they won’t mind me telling you that I called for the bottom in Gold stocks on Thursday morning (12/29). I believe the bottom is in for silver, Gold and their respective stocks, although the metals may need [...]
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 [...]
SAN FRANCISCO (MarketWatch) — Gold futures climbed Friday, on the rebound from a string of losses, to score a year-on-year gain of 10%. Silver futures also gained for the session, but ended the year with a loss of 9.8%. February gold rose $25.90, or 1.7%, to close at $1,566.80 an ounce on the Comex division [...]
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
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
Going back 30 years, gold almost always has spiked up whenever there has been a threat to the Strait of Hormuz. On Thursday, however, gold tumbled lower. Originally from MarketWatch
The last week of the year volume tends to be light due to the fact that big money traders are busy enjoying the holidays and waiting for their yearend bonuses. I was not planning on doing much this week because of the low volume but after reviewing some charts and risk levels on my top [...]
James West of the Midas letter warns against gold and silver price volatility influencing investment decisions in what he sees as a strongly bullish investment sector. Gold Report interview. Originally from Mineweb – Daily news headlines
The U.S. Mint, which has had problems in meeting demand for its gold and silver American Eagle coins in the past says supplies are adequate to meet current demand at a lower level. Originally from Mineweb – Daily news headlines
London gold and silver catch up with Indian jewelry slump and China gold exchange ban and fall to 2-week low in thin trade. Originally from Mineweb – Daily news headlines
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